Answer:
C) Pre-funded general obligation funds.
Explanation:
Since this customer is looking to preserve his capital and income in retirement (he is 68 years old, if he isn't retired, he will soon be). Since his tax bracket is very high, he should invest in bonds that do not pay federal income taxes, like pre-funded municipal bonds. These are very safe investments that generally have shorter maturity dates. That way, both of the client's needs will be met: secure investments and income.
Answer: $23,000
Explanation: May's bad debt expense for year 2007 is $23,000. this was the actual amount written off as uncollected for the year. Though a provision of $34,000 was made but this was just a provision. it was not the actual written off.
Branson,we have to turn the 1.6% into a decimal by moving the decimal point two spaces away from the percent sign, then multiply by 120,000 .016($120,000) = $1920
When presented with ideas and choosing the best one, you much decide certain factors to look at. Good factors to decide would be the pros of the idea, cost, convenience, etc. Picking the best idea in a situation means picking the idea that yields the most positives!
Answer:
The correct answer is c. reduces; reduce.
Explanation:
Economic exposure is a type of exposure to exchange rate risk caused by the effect of unexpected currency fluctuations on a company's cash flows, foreign investment, and future earnings.
Economic exposure, also known as operating exposure, can have a substantial impact on a company's market value, as it has far-reaching effects and is long-term in nature. Companies can protect themselves against unexpected currency fluctuations by investing in currency markets (FX).
Unlike transaction exposure and conversion exposure (the other two types of currency exposure), economic exposure is difficult to measure accurately and therefore difficult to hedge. Economic exposure is also relatively difficult to hedge because it faces unexpected changes in exchange rates, unlike expected changes in exchange rates, which form the basis of companies' budget forecasts.