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3 years ago

What is the tax equivalent yield for a City of Mesa 2.5% muni bond for an investor in the 35% tax bracket?

Business

1 answer:

yaroslaw [1]3 years ago

7 0

Answer:

Tax equivalent yield = 38.5%

Explanation:

Return on a municipal bond = 2.5%

Since municipal bonds are non taxable, for a similar taxable bond, tax equivalent yield is :

Tax equivalent yield = Yield on municipal bond / (1 - tax rate)

Tax equivalent yield = 2.5% / ( 1 - 0.35)

Tax equivalent yield = 0.025 / 0.65

Tax equivalent yield = 0.03846154

Tax equivalent yield = 38.5%

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A _____ website structure is appropriate if visitors should view the webpages in a specific order, as in the case of training ma

Goryan [66]

The design of the navigation within the website determines the type of the structure of the website. Linear website structure has linear navigation, which means that each page is simply linked to the one before.
A linear website structure is appropriate if visitors should view the webpages in a specific order. The case in which the users need to complete training module 1 before attempting training module 2 is example of linear website.

8 0

3 years ago

A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth

patriot [66]

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0

3 years ago

Based on your interpretation of your responce to the survey questionaire what does this reveal about your interest in engaging t

Gwar [14]

Answer:

Answer:

I realized that sports is my thing, although I'm not that athletic. I always have a blast whenever I'm engaging in sports. I also like watching it on television.

I fell in love with sports because exercise is good for our health. Engaging in sports also help improve my mood and boost my energy.

#BrainliestBunch

7 0

3 years ago

Read 2 more answers

A comparative balance sheet for Culver Corporation is presented as follows.

laila [671]

Answer:

Increase in cash = $50,740

Explanation:

The statement of cash flows for 2020 can be prepared as follows:

Culver Corporation

Statement of Cash Flows

For December 31, 2020

Particulars $ $

Net income 127,440

Adjustment to reconcile net income:

Depreciation expenses (w.1) 26,740

(Increase) decrease in current assets:

Increase in accounts receivable (w.2) (15,740)

Decrease in inventory (w.3) 9,260

Increase (decrease) in current liabilities:

Decrease in accounts payable (w.4) (13,260)

Net cash from operating activities 134,440

Cash Flow from Investing Activities

Sales of land (w.5) 39,260

Purchase of equipment (w.6) (59,740)

Net cash from investing activities 20,480

Cash Flow from Financing Activities

Cash dividends paid (63,220)

Net cash from financing activities 63,220

Increase / (Decrease) in cash 50,740

Beginning cash balance 22,000

Ending cash balance  72,740

Workings:

w.1: Depreciation expenses = Accumulated Depreciation in 2020 - Accumulated Depreciation in 2019 = $70,220 - $43,480 = $26,740

w.2: Increase in accounts receivable = Accounts receivable in 2020 - Accounts receivable in 2021 = $83,220 - $67,480 = $15,740

w.3: Decrease in inventory = Inventory in 2020 - Inventory in 2019 = 181220 190480 = -$9,260

w.4: Decrease in accounts payable = Accounts payable in 2020 - Accounts payable in 2019 = ($35,220 - $48,480) = $13,260

w.5: Sales of land = Land in 2019 - Land in 2020 = ($111,480 - $72,220) = $39,260

w.6: Purchase of equipment = Equipment in 2020 - Equipment in 2019 = $261,220- $201,480 = $59,740

7 0

3 years ago

A limited liability company can be held liable for any loss or injury caused by the wrongful acts or omissions of its members.

atroni [7]

That statement is true, an LLC can indeed held liable for any loss or injury caused by the wrongful acts or omissions of its members.
The assets that owned by the members couldn't be held accountable in case there is a loss in the company, but in case of criminal activities, this thing could be overlooked.

5 0

3 years ago