Answer:
$985,000
Explanation:
Given that,
Pretax book income = $1,000,000
Increase in net reserve for warranties = $25,000
Book depreciation = $100,000
Dividend received deduction = $15,000
Book equivalent of taxable income:
= Pretax book income - Dividend received deduction
= $1,000,000 - $15,000
= $985,000
Therefore, the Book equivalent of taxable income is $985,000.
Answer:
C. Reducing the discount rate
Explanation:
Expansionary monetary policies are macroeconomic undertakings by the Federal Reserve that aim at stimulating economic growth in the economy. Expansionary policies result in an increased flow of money in the country, which increases the aggregate demand.
The discount rate is the rate at which the Federal Reserve (the Fed ) charges commercial banks for advancing them credit. Reducing the discount rate makes loans from the Fed more affordable. Commercial banks will opt to borrow from the Fed at lower rates and lend out to households and firms at a higher interest rate, thereby making profits. Reducing the discount rate increases the money available for banks to lend out. Households and businesses will borrow this money for development and investments, which ignites economic growth.
The number if days a server have to get trained after starting their employment is 60 days.
<h3>Deadline for Requisite Alcohol Server Training:</h3>
According to AB 1221, an alcohol server is any employee of an establishment with an ABC on-premises licence who is in charge of verifying identifications, receiving client orders, and serving or transporting alcoholic beverages.
Some key points of alcohol server training are-
- The Department of Alcoholic Drink Control's (DABC) Responsible Beverages Service (RBS) certification is required for alcohol servers & their managers (ABC).
- To become certified, servers and their supervisors must pass an RBS exam offered online by ABC by August 31.
- If they have just been hired, they have 60 days from of the start of their work to pass the test and become certified.
- ABC created the RBS programme by hosting meetings with stakeholders around the state to get their views on the best way to comply with the new certification mandate.
- The RBS training webpage was developed by ABC based on feedback.
- The site gives users access to a certification program and training service for alcoholic beverages in order to meet AB 1221's criteria.
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Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$1.5
Explanation:
If the stock price increases by 8% then the stock value would be $113 given by
($105*(1+0.08) = $113.4
with "0" Value of put payoff.
if, however, the stock price declines by 8% then the stock value would be $97 given by
$105 × (1 - 0.08) = $96.6
resulting to a put payoff of $8 that is ($105 - $97).
Thus, here in this case to guarantee a value of $105, two puts would have to be purchased.
Hence the present value of stock at $105 would be
PVpo = P/1.05 (at T-bill rate of 5% (1 + 0.05)
PVpo = 113/1.05
PVpo = 108
The general formula to evaluate the cost of purchase, if the option were traded is,
S+2P = 10
8
where S = stock price, $105
105+2P = 10
8
2P = 3
P = $1.50
