Answer:
It implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Note: The correct answer is as stated above it is not included in the option. Kindly confirm the options again from your teacher.
Explanation:
Accounts payable refers to the amount of money a firm is owing its suppliers.
Account payable is one of the component of the current liabilities in the balance sheet, and non-cash current liability item that is adjusted for in the cash flow statement to arrive at net cash from operating activities when an indirect method is being used.
Since accounts payable is the amount of money a firm is owing its suppliers, a negative a NEGATIVE adjustment to its implies that company has paid its supplier the negative amount in the accounting period.
Therefore, a NEGATIVE adjustment of $5000 related to Accounts Payable implies that the firm paid $5,000 to its supplier this accounting period (e.g. year) out of the amount the firm is owing the supplier.
Answer:
C) 4.50 percent
Explanation:
It is given that :
Interest a corporate bond pays = 6.25 percent
The marginal percent tax bracket is given as : 28 %
We have to find the amount that the municipality bond shall pay to be the equivalent to the amount after the tax basis :
We known that the municipal bond is tax exempted after the corporate tax bond should be equal to the municipal bond to be indifferent.
Thus, rate of return = rate of return after tax = rate x (1 - tax rate)
= 6.25 % x (1 - 0.28)
= 4.50 %
Therefore the answer is = 4.50 %
<span>Workers typically get dirty if they work at a job site for Landfills, Construction sites or in Slaughter Houses</span>
Honesty and working hard.
