1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
seropon [69]
3 years ago
12

Curtis invests $250,000 in a city of athens bond that pays 7% interest. alternatively, curtis could have invested the $250,000 i

n a bond recently issued by initech, inc. that pays 9% interest with similar risk as the city of athens bond. assume that curtis's marginal tax rate is 28%.
Business
1 answer:
Cloud [144]3 years ago
3 0

I guess the correct answer is 6.48%

If Curtis invested in the Initech, Inc. bonds, The after-tax rate of return from this investment is 6.48%.

Since, [(1 - 0.28) × (250,000 × .09)]/250,000 = .0648.

You might be interested in
Candy and Sarah own and operate a small restaurant. On a weekly basis, they go to their local Sam's Wholesale Club to purchase t
Natalka [10]

Answer:

The correct answer is Cash and Carry.

Explanation:

Cash and carry ("Buy (take) and take (it)") is considered a commercial formula similar to an economato, evolved from traditional wholesale, with the particularity of addressing only and exclusively professionals (independent retailers and hoteliers) and operate on a free service basis. The retailer travels to the location of the wholesaler, chooses the items he needs, pays them and transports them, in front of the conventional procedure of placing the order to the wholesaler, so that he can transport it and serve it in the establishment of the retailer.

The concept of "Cash and Carry, wholesale self-service", is a commercial formula adapted to the needs of certain retailers, restaurants, cafes, hotels and other service providers, such as some institutions (HoReCa Sector, Hotels-Restaurants-Caterers). It is basically designed for professionals in the HoReCa sector, but it also accepts clients that are large consumers, such as institutions or educational centers.

In summary:

It is a wholesaler; that is, it never sells to an end consumer. To access a Cash and carry establishment, you must have a card or identification that proves the status of a retailer.

It has a commercial policy based on price and continuous offers.

Know your customers, their consumption and needs well.

4 0
3 years ago
Crime-related and demographic statistics for 47 US states were collected from government agencies, including the FBI's Uniform C
Korolek [52]

Answer:

The potential problem with samples that could explain this connection is:

Causality.

Explanation:

There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables.  Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions.  Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.

7 0
3 years ago
The records at smith and​ jones, inc. show that job 110 is charged with​ $12,000 of direct materials and​ $11,000 of direct labo
WARRIOR [948]

To solve:

Direct marterial cost = $12,000

Direct labor cost = $11,000

Manufacturing overhead = 85% of direct labor cost = $9,350


Add up all of the costs for the total cost of Job No. 110.

$12,000 + $11,000 + $9,350 = $32,350.

3 0
3 years ago
A 4-year project has an annual operating cash flow of $47,000. At the beginning of the project, $3,800 in net working capital wa
Sergeeva-Olga [200]

Answer:

$55,826

Explanation:

The computation of year 4 cash flow is shown below:

= Operating cash flow + required net working capital + after cash flow arise from salvage value

where,

Operating cash flow is $47,000

Required net working capital is $3,800

After cash flow arise from salvage value is

= Sale value - gain on salvage value × tax rate

The gain on salvage value is

= $5,400 - $3,800

= $1,100

So the after cash flow arise is

= $5,400 - $1,100 × 34%

= $5,400 - $374

= $5,026

Now the year 4 cash flow is

= $47,000 + $3,800 + $5,026

= $55,826

3 0
3 years ago
Which situation best illustrates an effect of the law of supply
murzikaleks [220]
When the price of gasoline rises, for example, it encourages profit-seeking firms to take several actions: expand exploration for oil reserves, drill for more oil, invest in more pipelines and oil tankers to bring the oil to plants where it can be refined into gasoline, build new oil refineries, purchase additional pipelines and trucks to ship the gasoline to gas stations, and open more gas stations or keep existing gas stations open longer hours.
Economists call this positive relationship between price and quantity supplied—that a higher price leads to a higher quantity supplied and a lower price leads to a lower quantity supplied—the law of supply. The law of supply assumes that all other variables that affect supply are held constant.
6 0
3 years ago
Other questions:
  • Hathaway, Inc., a resort management company, is refurbishing one of its hotels at a cost of $7.8 million. Management expects tha
    14·1 answer
  • The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 3
    15·1 answer
  • Martinez Corp. has 2,800 shares of 9%, $103 par value preferred stock outstanding at December 31, 2017. At December 31, 2017, th
    10·1 answer
  • Revenue or income, minus departmental expenses and undistributed expenses equals:
    8·1 answer
  • During his annual performance review, Blake says to his supervisor, "So the two main ways that you want me to improve are to dou
    15·1 answer
  • A scalene triangle is an isosceles triangle true false
    14·2 answers
  • The ________ section of the report should include the nature of the research design adopted,
    12·2 answers
  • Okra, Inc. is a young start-up company. No dividends will be paid on the stock initially, because the firm needs to plow back it
    8·1 answer
  • A VC investor has invested $5 million in the preferred stock of a venture that is now being acquired for $50 million. The invest
    9·1 answer
  • You receive $10,000 now for an investment that will return cash flows of $2,000 per year for five years and then $3,000 per year
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!