Answer:
9.635%
Explanation:
We shall use a table to compute different values as shown below.
<u>Investment</u> <u>Return</u> <u>Taxable amount</u> <u>Tax Rate</u> <u>After-tax return</u>
Dividend 9.8% 30% (n1) 18% 9.2708% (w1)
Municipal bond 8.8% 0% 18% 8.8%
Corporate bond 11.75% 100% 18% 9.635% (w2)
The after tax return with on the best investment alternative is 9.635% for corporate bonds
<u>Workings</u>:
W1
9.8 *0.3*0.18 = 0.5292%
Return after tax = 9.8% -0.5292% = 9.2708%
w2
18.75*0.18 =2.115%
Return after tax = 11.75% -2.115% = 9.635%
<u>Notes:</u>
n1 : 70% of the dividends are excluded from taxation. Only 30% is to be taxed
Answer:
<u>Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction the payment of US$ 2,500 on real estate taxes she made.</u>
Explanation:
Any taxpayer can deduct real estate taxes on the federal income tax return. For 2019, the IRS says a taxpayer can deduct up to $10,000 ($5,000 if you're married filing separately) But limits apply and you have to itemize to take the deduction.
<u>Therefore, Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction, the payment of US$ 2,500 on real estate taxes she made.</u>
The three primary elements are INSTRUMENTALITY, VALENCE AND EXPECTANCY.
The expectancy theory of motivation states that, an individual is will behave in a certain manner as a result of the way in which he has been conditioned to select a specific behavior over other forms of behavior. This implies that workers are usually motivated by the reward they get for the work they performed.<span />
Answer:
d. It determines the critical path for the completion of a series of interrelated activities.
Explanation:
The Critical Path method is a method to lay out the different steps or interrelated activities of a project, in a graphical manner, that shows the interrelations, the time each activity takes to complete, the different alternatives or paths for project completion, and the total completion time for the project.
It also shows the amount of time a delay in one of the activities would delay the project as a whole.
Answer:
6.86011 Turkish liras per US dollar
Explanation:
US's inflation 3% for the next 3 years
Turkey's inflation 7% for the next 3 years
current Lira/Dollar spot rate (L/$) = 5.6702 (liras per dollar)
- inflation rate US = (1 + 0.03)⁵ = 1.159274
- inflation rate Turkey = (1 + 0.07)⁵ = 1.402552
difference = 1.402552 / 1.159274 = 1.20985 x current spot rate = 1.20985 x 5.6702 = 6.86011
Since the Turkish inflation rate is higher than the American inflation rate, then the Turkish lira will depreciate faster than the US dollar.