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2 years ago

As of 2018, U.S. tax law limits the tax deduction for interest payments to 30 percent of: Multiple Choice

Business

1 answer:

frutty [35]2 years ago

4 0

Answer:

EBIT

Explanation:

As of 2018 US Tax law limits the tax deduction for interest payments to 30 percent of EBIT.

The Office of Tax Policy develops and implements tax policies and programs, reviews regulations and rulings to administer the Internal Revenue Code.

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A $10,000 8 percent coupon bond that sells for $10,000 has a yield to maturity of

nikklg [1K]

10,000×1.08=$10,800
As simple as investing gets.

5 0

2 years ago

A customer has a long stock position that has appreciated greatly in value. It is now October and the customer wants to protect

Tatiana [17]

Answer:

B. sell a "deep in the money" European style call of the stock

Explanation:

The difference between an American style call and a European style call is that the American style can be exercised any time before the expiration date, while the European style call is only exercised at the date of expiration.

The customer in this question, has a pre-defined point in time when he wishes to exit his long stock postion. Therefore he is selling a "deep in the money" European style call of the stock

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3 years ago

Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machi

romanna [79]

Answer:

beginning inmediately: $ 140,095.127

after a year: $ 152,703.688

with a salvage value: $ 148,227.912

Explanation:

We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%

Annuity-due:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\$

PV $980,000.00

time 10

rate 0.09

$980000 \div \frac{1-(1+0.09)^{-10} }{0.09} (1.09)= C\\$

C $ 140,095.127

Annuity:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $980,000.00

time 10

rate 0.09

$980000 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\$

C $ 152,703.688

If there is a salvage value, we discounted from the lease value:

980,000 - present value of salvage value:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $68,000.0000

time 10.00

rate 0.09

$\frac{68000}{(1 + 0.09)^{10} } = PV$

PV 28,723.93

980,000 - 28,724 = 951,276

Now we calculate the PMT:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $951,276.00

time 10

rate 0.09

$951276 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\$

C $ 148,227.912

8 0

2 years ago

In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum

Art [367]

Exchanging things of value is what consideration is in a contract.

7 0

2 years ago

Choose all that apply.

vesna_86 [32]

Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card

4 0

3 years ago

Read 2 more answers