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kari74 [83]
3 years ago
11

A bond issued by the state of Alabama is priced to yield 6.40%. If you are in the 30% tax bracket, this bond would provide you w

ith an equivalent taxable yield of _________.
Business
1 answer:
Semmy [17]3 years ago
3 0

Answer:

9.14%

Explanation:

Tax exempt yield = 6.40% = 0.064

Marginal tax rate = 30% = 0.30

Equivalent taxable yield = Tax exempt yield / (1 - marginal tax rate)  

Equivalent taxable yield = 0.064 / (1 - 0.30)

Equivalent taxable yield = 0.064 / 0.70

Equivalent taxable yield = 0.0914286

Equivalent taxable yield = 9.14%

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Lola is a purchasing agent for her company. She has just submitted a purchase order to the supplier. What step in the purchasing
KiRa [710]

Answer:

Co-ordinate shipping with the supplier.

Explanation:

A purchase order is a document from a customer to the business entity, instructing them to supply the customer with the goods specified in the document.  By sending out the purchase order, Lola has given instructions to be supplied with the specified goods.

Lola should prepare to receive the goods from the supplier. She should contact the supplier and make arrangements on how the goods will be delivered.

5 0
3 years ago
On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014. Naughton Ltd. does not
Sloan [31]

Answer:

There is no entry to be made on April 17, 2014

Explanation:

Following The accrual principle - an accounting concept that requires accounting transactions to be recorded in the time period in which they actually occur, rather than the period in which the cash flows related to them occur or the transaction are received.

On April 17, 2014, Naughton Ltd. received an order from a customer for a delivery to be made in May 2014 and the delivery does not occur yet on that day. I should be occur in May 2014.

Therefore, there is no entry to be made on April 17, 2014. In May, when the company finish delivering, the entry would be made:

1. Debit Cash (or Accounts Receivable) $11,000

Credit Revenue $11,000

2. Debit Cost of goods sold  $7,500

Credit Cash $7,500

8 0
3 years ago
Describe a "rite of initiation" that you experienced at a place of work. This could be described via a situation in which you be
SCORPION-xisa [38]

Answer: Rites of initiation is a good thing at the workplace. The answer is explained further below.

Explanation:

Initiation is the rite of passage marking the entrance or acceptance into an organization, a group or a society. The rite of initiation I experienced at a place of work was when I worked as an intern for a firm and I was told that the rite of initiation was for me to sing my favourite song. I actually sang my favorite song and it was fun and I was welcomed into the organization and introduced myself.

I believe rites of initiation are important at the workplace. It helps to increase engagement, boost employee moral, and also foster a supportive culture. It also enable the organization reach its goals as the workers are united and work as a team.

3 0
3 years ago
The majority of problems Best Buy was facing have been brought about by _________________force.
babunello [35]

Answer:

External forces

Explanation:

Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.

However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.

The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.

Walmart and Amazon have been able to capture a large part of the electronics market.

Other problems like leadership scandals and inefficient processes also contributed to their problems.

4 0
3 years ago
Yahoo has created a special unit called the "brickhouse," which is an idea incubator for employees to work on ideas submitted fr
Temka [501]
Hey there,
The answer to your question is <span>skunkworks. 

Hope this helps :))

~Top
</span>
4 0
3 years ago
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