Answer:
Fair price =$635.23
Explanation:
<em>Th fair price that he should be willing to pay is the present value of the $1000 expected in 5 years time.</em>
<em>Present value (PV) is the worth today if a future amount is discounted at a particular rate of interest.</em>
PV = FV × (1+r)^(-n)
PV - present value = ?
FV -Future value - 1000,
r- discount rate - 9.5%,
n - future date - 5
PV = 1,000 × (1.0950^(-5)
PV = 1,000 × 0.6352
PV =635.2276653
Fair price =$635.23
Answer:OPEN LISTING
Explanation:
Open listing is a term used in the Marketing of securities like bonds,stocks and other marketable securities and real estates, in this type of listing it is made open to all the brokers available who are ready to help facilitate the sale.
Compensation can only be paid to the Broker who first brings the buyer of the listing. A broker is compensated based on the amount made buy the owner of the listing.
Answer:
d. Private sector through the earning and spending of income.
Explanation:
In economics some major questions producers ask is for whom is production done, and how are output distributed in the economy.
For example ski equipment are produced for those people that practice skiing either as a sport or as a hobby. The particular set of people that use this product is targeted and provided with these goods.
Therefore these questions are answered in the private sector when the consumer earns income and spends it on their needs.
If an employer chooses a per diem method of substantiation for travel expenses, the meals and incidental expenses method requires actual cost records to substantiate lodging expenses.
Option E
<u>Explanation:
</u>
The price of the meal and the additional expenses while travelling away from home for work purposes is deducted from an employee or self-employed person. The expense deduction generally requires the costs to be substantiated.
There has been, however, an optional form that prohibits receipts for these taxpayers.
The IRS releases Diem levels for different parts of the United States (see Notification 2015-63 on the subject of irs.gov). For just the intent of measuring a meal and an accessory deduction, taxpayers may use such per diem rates and will be required to prove it.
If an employer wants a method of proof of travel expenses by Diem, the meal and by-product procedure requires real cost records in order to prove accommodation expenses.
The given statement " Texas ranks in terms of state spending per capita and it ranks in terms of how much money it gets from the federal government " is TRUE
Explanation:
In 2007, the State spending per capita, fiscal 2007, ranked Texas among 50 States in per capita policy (expenditures) revenue.
i. $ 3,831.00B/2007
Texas is the 43rd largest state and federal government on total per capita general spending.
Texas has been a low-cost country for a long time, often to the exclusion of the most needed services. Public education as well as health care and human services are the two biggest areas of government spending, collectively accounting for over half of all all-funds and general income budgets. Nonetheless, Texas has a low level of spending per pupil and per patient in the field of health care.
