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ludmilkaskok [199]

3 years ago

7

On a backpacking trip through Europe, Troy spent 20 Swiss francs to stay one night in a youth hostel. If the foreign exchange ra

te between the U.S. dollar and the Swiss franc is 1:2.2, how much did Troy spend in U.S. dollars?

1 answer:

GREYUIT [131]3 years ago

3 0

He spent 9.09 american dollars.

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Sister Pools sells outdoor swimming pools and currently has an aftertax cost of capital of 11.6 percent. Al's Construction build

Aloiza [94]

Answer:

$1,952 (Positive NPV)

Explanation:

Year Annual CF ($) PV factor at 10.30% PV of Cash Flow ($)

1 17,000 0.90662 15,413

2 17,000 0.82196 13,973

3 17,000 0.74520 12,668

4 17,000 0.67561 11,485

5 17,000 0.61252 10,413

6 17,000 0.55532 9,441

7 17,000 0.50347 8,559

TOTAL 1.73554 81,952

Net Present Value (NPV) = Present value of annual cash flows - Initial Cost

Net Present Value (NPV) = $81,952 - $80,000

Net Present Value (NPV) = $1,952 (Positive NPV)

8 0

3 years ago

1. Clean Machines Company (Clean) makes washing machines. Over the phone, Clean offers to sell Dealers Appliance Outlet (Dealers

photoshop1234 [79]

Answer:

Explanation:

In my opinion, I would like to say that Clean Machines Company is correct. If you look at it this way, you'd see that there actually isn't any contract between Clean Machines Company and Dealer. When it came to about offers, the person offering is able to revoke an offer before the offer is even accepted. And he won't be held responsible unless of course, the offer is irrevocable. Then, to make the offer to be irrevocable, the Dealer then would have needed to prove that an option was present, or prove that the offer is was not able to be revoked due to UCC provision.

6 0

2 years ago

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

Mashcka [7]

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT : <u>Jointly owned by less than 100 persons.</u>

<h3>What Is a Real Estate Investment Trust (REIT)?</h3>

A real estate investment trust (REIT) is a company that owns, operates, or finances income-generating real estate.

Modeled after mutual funds, REITs pool the capital of numerous investors. This makes it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves.

To qualify as a REIT, a company must comply with certain provisions in the Internal Revenue Code (IRC). These requirements include to primarily own income-generating real estate for the long term and distribute income to shareholders.

Specifically, a company must meet the following requirements to qualify as a REIT:

Invest at least 75% of total assets in real estate, cash, or U.S. Treasuries
Derive at least 75% of gross income from rents, interest on mortgages that finance real property, or real estate sales
Pay a minimum of 90% of taxable income in the form of shareholder dividends each year
Be an entity that's taxable as a corporation
Be managed by a board of directors or trustees
Have at least 100 shareholders after its first year of existence
Have no more than 50% of its shares held by five or fewer individuals

Therefore, we can conclude that the correct option is D.

Your question is incomplete, but most probably your full question was:

To qualify as a pass-through entity for U.S. corporate income tax, a REIT must be all of the following EXCEPT

a.structured as a corporation, trust, or association.

b.have transferable shares or certificates of interest.

c.managed by a board of directors or trustees.

d.jointly owned by less than 100 persons.

Learn more about REIT on:

brainly.com/question/20366600

#SPJ4

3 0

1 year ago

A 4 percent increase in the price of beer will cause a 1 percent decline in the quantity of beer demanded. The demand for beer i

Tasya [4]

Answer:

The demand for beer is inelastic

Explanation:

Price Elasticity of Demand (PED) is the measure of responsiveness of the demand of a consumer to a product to a change in the price of the product. The formula is percentage change in quantity demanded divided by percentage change in price.

A PED of greater than 1 is elastic, meaning that the demand for a product is sensitive to the very small change in price.

A PED of less than 1 is said to be inelastic, which implies that there is no significant change in the quantity demanded when the price changes. In our example, the PED is inelastic because:

$PED = \frac{\%\ change\ in\ demand}{\%\ change\ in\ price}\\ PED =\frac{1}{4} \\PED = 0.25$

since 0.25 is less than 1, PED is inelastic

Finally, if the ratio of the percentage changes in both quantities demanded and price equals 1, it is said to be unit elastic. This means that there is a proportionate change in quantity demanded with a change in price.

3 0

3 years ago

If you hope to be a college instructor in a subject, you need to plan to complete what level of education?

vazorg [7]

Hey if you hope to be a college instructor in a subject you need to plan to complete B. BACHELORS DEGREE
i hope it helps!

4 0

3 years ago