Answer:
6 salespersons
Explanation:
A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.
From the histogram:
The number of salespersons who sold 11 - 12 packages = 1
The number of salespersons who sold 13 - 14 packages = 2
The number of salespersons who sold 15 - 16 packages = 3
Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons
Answer:
He should set a grantor retained annuity trust (GRAT).
Explanation:
Mr. Bailey would be the grantor that transfers the asset into the GRAT, but retains the right to receive annuity payments for a number of years. The IRS has set a minimum annuity corresponding to the Section 7520 rate, during the last two years the rate has varied from 2-3%. When the trust expires (pays all the annuities), the beneficiary gets the asset tax free.
Since the grantor is giving up an asset but in exchange is receiving an annuity form it, there is no applicable gift tax, it is called a zeroed-out GRAT.
This type of grant makes sense only if the grantor believes that the future value of the asset will be higher than the current value, since the annuity is based on the current value. In this case, Mr. Bailey would receive payments based on a $200,000 value, but the property's fair market value is already higher and should increase as time passes.
Answer:
- <em><u>C. Drive at the posted speed limit</u></em>
Explanation:
The answer choices for this question are:
- A. Keep alert and watch out for construction barrels or cones
- B. Slow down even if you don't think you'll hit a road worker
- C. Drive at the posted speed limit
- D. Keep as much distance as you can while navigating around them
Since the conditions of the road are not the best, you should drive below the posted speed of limit.
The only presence of workers on the road represent a risk for them and for you.
The number of lanes are reduced, the road could present potholes, dirt, stones, or even some substances that make the pavement slippery. You could not have good visibility.
All those risks make that you have to be extremely careful, reduce your speed, lower than than the posted speed limit.
Thus, you should:
- A. Keep alert and watch out for construction barrels or cones
- B. Slow down even if you don't think you'll hit a road worker
- C. <u>NOT </u>drive at the posted speed limit
- D. Keep as much distance as you can while navigating around them
Answer:
Free cash flow is $8,925,000
Explanation:
Free cash flow is the net cash cashflow available for the shareholders or for the reinvestment after paying all capital expenditure.
Free Cash flow
Earning Before Interest and Tax $10,400,000
Add: Depreciation expenses $1,000,000
Less: Capital expenditures $1,900,000
Less: Increase in net working capital <u>$575,000 </u>
Free cashflow $8,925,000
