Answer:
If Chicago municipal bonds yield is 10% then Carter's treasurer make indifferent between the two.
Explanation:
Because Treasury Bond is exempt from tax income and both have same maturity, and they are equally risky and liquid; we then have the equation as below
Treasury bonds yield = Chicago municipal bonds yield after tax
⇔ 6% = Chicago municipal bonds yield * (1 - tax rate 40%)
⇔ 6% = Chicago municipal bonds yield * 0.6
⇒ Chicago municipal bonds yield = 6%/ 0.6 = 10%
The qualifications Ginger most likely have to become very qualified for a Revenue job are <span><span>4- integrity, ability to analyze tax forms, and good math skills
</span>Revenue is defined as the </span><span>amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. This transaction involves money and sometimes large amount of money. Thus, integrity is greatly needed.
</span>
Revenue job examples are Revenue Accountant, Revenue Analyst, Revenue Manager.
Answer:
$92,00
Explanation:
Base on the scenario been described in the question which we saw how Carly donated an to the church, when she purchased the gift, it was $100,000 but when she is to present the gift to the church, the fair market value became $92,000 which is her maximum charitable contribution deduction
the charitable deduction for ordinary income property is the lesser of fmv or basis limited to 50% of AGI
<u>The grant available to third-or fourth-year college student:</u>
The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant) is the grant given to the third or fourth year college students who want to do major in scientific or mathematical fields like physical, life, engineering, mathematics, medical, languages, etc.
To apply for the SMART grant students apply through free application of federal student aid and then if they receive the grant they can do their higher studies in their preferable fields which come under SMART grant.
Answer:
B. Gain $8,000
Explanation:
The calculation of exchange translation is shown below:-
Old exchange rate = Net exposed assets × Value of Euro
= 200,000 × $1.22
= $244,000
New value in euro = Net exposed assets × Increased exchange rate
= 200,000 × $1.26
= $252,000
Translation Profit = New value in euro - Old exchange rate
= $252,000 - $244,000
= $8,000
