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Tomtit [17]
3 years ago
6

Define lifestyle goals

Business
1 answer:
navik [9.2K]3 years ago
5 0
Lifestly goals are goals that can be achieved in your lifestlye

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Assume that Lucas's marginal tax rate is 32 percent and his tax rate on dividends is 16 percent. If a dividend-paying stock (wit
kipiarov [429]

Answer:

The correct answer to the problem is 7.728%

Explanation:

Lucas marginal tax rate = 32 percent

Tax rate on dividends = 16 percent

Dividend yield of a dividend-paying stock (with no growth potential) = 9.20 percent.

To determine the interest rate a municipal bond have to offer for Lucas to be indifferent between the two investments from a cash flow perspective =

Dividend yield multiplied by ( 1- tax rate on dividends)

= 9.20% × (1 - 16%)

= 0.092 × (1 - 0.16)

= 0.092 × 0.84

= 7.728%

3 0
3 years ago
Where do you think the biggest hole is in the registration statement?
Alex17521 [72]
In the United States, a registration statement is a set of documents, including a prospectus, which a company must file with the U.S. Securities and Exchange Commission before it proceeds with a public offering.

Not that sure though
Best luck with your studying
8 0
2 years ago
On May 3, 2020, Concord Company consigned 80 freezers, costing $540 each, to Remmers Company. The cost of shipping the freezers
NeX [460]

Answer:

a) $22,010

b) $3,780

c) $25,790

Explanation:

a) In calculating the value of inventory still left, the total value needs to be calculated first,

= (80 freezers * $540) + $820 ( transport fees)

= 43,200 + 820

= $44,020

40 out of 80 freezers have not been sold so,

= 40/80 * 44,020

= $22,010

b) In calculating the profit, subtract the expenses from the sales

Sales = 40 * 700

= $28,000

= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation

= 28,000 - 22,010 - (28,000*0.06) - 180 - 350

= $3,780

c) The amount remitted by the consignor will be,

= Sales - commission - advertising - installation

= 28,000 - (28,000 * 0.06) - 180 - 350

= $25,790

7 0
3 years ago
Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a
Triss [41]

Answer:

c.long-range time horizon.

Explanation:

Forecasts consider long-range time horizon to improve accuracy and provide more authenticity.

3 0
3 years ago
Required information
allsm [11]

Answer and Explanation:

The Journal entries are shown below:-

a. Accounts receivable Dr, $189,000

         To service revenue $189,000

(Being service provided on the account is recorded)

Here we debited the accounts receivable as it increased the assets and we credited the service revenue as  it increased the revenue

b. Cash Dr, $184,000

         To Accounts receivable $184,000

(Being collection on accounts is recorded)

Here we debited the cash as it increased the assets and we credited accounts receivable as  it decreased the assets

c. Bad debt expenses Dr, $6,180

         To Allowance for uncollectible accounts $6,180

(Being estimated uncollectible accounts is recorded)

Here we debited the bad debt expenses as it increased the expense and we credited the allowance for uncollectible accounts as  it decreased the asset

Working note

Uncollectible accounts = (Total account - Cash collected) × 20%

= ($25,900 + $189,000) - $184,000 × 20%

= $30,900 × 20%

= $6,180

d. Allowance for uncollectible accounts Dr, $7,900

            To Accounts receivable $7,900

(Being write off of actual bad debt is recorded)

Here we debited the allowance for uncollectible accounts as it increase the allowance and we credited the accounts receivable as it decreased the asset

8 0
3 years ago
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