<span>Prefer the 6.1 percent tax-exempt investment.
Let's do the math and see why the tax-exempt investment is the better choice. For the 8.1% taxable investment, you get taxed at the rate of 28%. Which means that you only get to keep 100%-28% = 72% of your gains. So 0.72 * 8.1 = 5.832 which means your effective earning percentage is only 5.832% which is less than the 6.1% rate you get for the tax-exempt investment. Another consideration that wasn't taken into account for the question is the earnings on the taxable investment may push you up into a higher tax bracket. Which in turn increases the tax burden on your other investments. So the better choice here is the 6.1% tax-exempt investment even though that first glance the 8.1% investment looks higher.</span>
Answer:
With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c
Explanation:
According to the given data we have the following:
PV of lease=$750,578
Annual payment=$180,000
Rate of interesr=10%
The interest expense would be calculated as follows:
Interest expense = ( PV of lease - Annual payment ) * Rate of interest
Interest expense = ( $750,578 - $180,000 ) * 10%
Interest expense = $57,058
Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.
Answer:
correct option is b. job-order cost sheet
Explanation:
A job order cost sheet is subsidiary to work in process
because job-order cost sheet are the documents that is use for record the manufacture cost.
and all necessary and important detail of cost & job is written in job cost sheet
and it is also accounting record of the company
so here given that primary document for accumulate all cost related to a particular task
so correct option is b. job-order cost sheet
Answer:
Check the following calculation
Explanation:
Current price : D0(1+g)/(Rs-g)
8 (1+.02)/(.13-.02)
8* 1.02 / .11
= $ 74.18 per share
2) Dividend: 8(1+.02) = 8.16
Annual rate of return : [P1- P0+D ]/P0
[74.18 - 63 + 8.16 ]/63
19.34/63
.3070 or 30.70%
