Answer:
D. The IRR is about 22.80%
Explanation:
If we use excel instead of trial and error method, it is easy to determine the Internal rate of return. As there is no cost of capital, it is challenging to determine IRR through the trial and error method.
The following image shows the IRR of this project is 22.80%.
A wealthy individual has set up a grat. should she die during the time the trust is active, the original value plus any appreciation is taxed as part of the grantor's estate.
Taxes are mandatory contributions levied on individuals or groups through a central authority entity—whether or not neighborhood, local, or countrywide. Tax sales finance authorities sports, together with public works and offerings which includes roads and colleges, or programs including Social security and Medicare.
A tax is a mandatory fee or financial rate levied by using any authority on a man or woman or a company to accumulate revenue for public works supplying quality facilities and infrastructure. The amassed fund is then used to fund different public expenditure applications.
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Answer:
The higher the interest rate, the more willing suppliers of loanable funds will be to lend money.
Explanation:
Answer:
The retained earnings at the beginning of the year was $ 2,253,000
.
Explanation:
Retained earnings at the end of the year = Retained earnings at the beginning of the year + Net income - Dividends
Retained earnings at the beginning = Retained earnings at the end of the year - Net income + Dividends
= $2,640,000 - $412,000 + $25,000
= $ 2,253,000
Therefore, the retained earnings at the beginning of the year was $ 2,253,000
.
Answer:
varies directly
Explanation:
The transactions demand for money varies varies directly with nominal GDP.
i.e. more money is held for transactions when GDP is higher.