<span>If the corporate bond yields 6.7% and is taxed at 27% there is no effective difference in yield; it would bring the yield down to 4.89%. There would be no difference between a tax free municipal bond or a taxable corporate bond in this scenario.</span>
Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.
Answer:
a. 10 units of cheese and 6 units of bread.
Explanation:
Total there are 24 labor hours
So, for each there is 12 hours
Now the distribution is as follows
For england
= 12 ÷ 2 + 12 ÷ 3
= 6 units + 4 units
= 10 units
For Spain
= 12 ÷ 3 + 12 ÷ 6
= 4 units + 2 units
= 6 units
Hence, the correct option is a
And, the same is to be considered
All other options are wrong
Answer:
$190,000
Explanation:
Retained earnings are the profits not distributed to shareholders as dividends. In a given period, retained earnings will be the difference between profits and dividends.
I.e., retained earning = profits - dividends.
Therefore, Ending retained earning can be calculated as
Beginning retained earning + profits - dividends.
In this case
retained earnings = $190,000 + $52,000 - $52,000
=$242,000 - $52,000
=$190,000
