Answer:
The answer is: A) raises GDP.
Explanation:
If a gambler is a professional gambler (pays income tax on his gambling earnings) then when he moves from a state that prohibits gambling to a state that allows gambling, his earnings will increase the GDP.
The GDP only considers legal income, so illegal activities such as prostitution, drug trafficking, or illegal gambling are not included in the GDP. But if they become legal (e.g. some states legalized marijuana) then they should be included in the GDP.
Honestly you should answer this one yourself it seems like a question that contains your own answer
Answer:
True (1)
Explanation:
In deciding whether to buy a particular product, it is important to consider below pertinent issues :
Serviceability : questions need to be asked whether the product can be serviced regularly to keep it in usable condition and possible cost of servicing must as well be considered.
Repairability : Seller must be asked if the product is repairable in case it is faulty.
Accessories : Availability of accessories in the market must be confirmed from the seller in case we need to replace any part.
Failure to sort out above issues before buying may result in wasting of money at the end of the day even though product might have been bought at a cheaper lock-in price.
Answer: an organizational relationship that links two separate businesses
Explanation: In simple words, strategic alliance refers to the business arrangement in which two parties combine their activities for attaining mutual objective but still operating as two separate and independent legal entities.
These business arrangement usually lack legal, agency or cooperate affiliated relationship. Generally such business arrangements are made by the organisation to make their processes more effective and helps the organisations in reducing their costs and risk.
Answer:
a. 3.56%
b. 2.31%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,040
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 4% ÷ 2 = $20
NPER = 11 years × 2 = 22 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is = 2 × 1.78% = 3.56%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 3.56% × ( 1 - 0.35)
= 2.31%