A savings<span> and </span>loan<span> association, or thrift institution, is a financial institution that ... As such, many </span>people<span> were either perpetually in debt in a continuous cycle of. The most important purpose of </span>savings<span> and </span>loan<span> associations is to </span>make<span>. </span>savings<span> and </span>uses<span> these </span>funds<span> to </span>make<span> long-term amortized </span>loans<span> to </span>home<span> ...</span>
Answer:
Juanita's marginal tax rate is 42.5%
Explanation:
marginal tax rate = MTR
After tax yield of dividend paying stock is 8.1% * (1-0.15) = 0.069 = 6.9%
The after tax yield of the bond will be 6.9%
Therefore,
6.9% = 12.0% * (1 - MTR)
6.9% = 12.0% - 12.0% *MTR
6.9% - 12.0% = -12.0% * MTR
-0.051 = -0.12*MTR
MTR = 0.051/0.12 = 0.425
MTR = 42.5%
Question Completion:
Describe the accounting treatment of Supplies Expenses.
Answer:
Supplies Expenses are debited while the Supplies account is credited with the supplies expenses.
Explanation:
This accounting treatment of Supplies Expenses reduces the balance of the Supplies account by the amount of supplies used during the period. Thus, what is left in the Supplies account is the cost of the unused supplies at the end of the accounting period. The treatment also accords with the accrual concept, which requires that expenses are matched to the revenues that they generate in the period.
<span>Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never m</span><span>aintained a physical trading location where dealers meet to trade securities.</span>
1. Internal Attribution: The process of assigning the cause of behaviour to some internal characteristic, rather than to outside forces. When we explain the behavior of others we look for enduring internal attributions, such as personality traits. For example, we attribute the behavior of a person to their personality, motives or beliefs.
2. External Attribution: The process of assigning the cause of behaviour to some situation or event outside a person's control rather than to some internal characteristic. When we try to explain our own behavior we tend to make external attributions, such as situational or environment features.
