Answer:
After tax real rate will be 2.2 %
So option (b) will be correct answer
Explanation:
We have given nominal interest rate = 8 %
Inflation rate = 5 %
And marginal tax = 10 %
We have to find the after tax real rate interest
After tax real rate of interest is given by
After tax real rate = nominal interest rate ( 1 - tax rate ) - inflation rate
= 8 ( 1 - 0.1 ) - 5 = 8×0.9 -5 = 7.2 - 5 = 2.2 %
So option (b) will be correct answer
The ending balance of prepaid expense can be calculated using the following formula:
Ending balance = Beginning Balance + Debit entries – Credit Entries
We are given the following information:
Beginning Balance = $240,000
Total Debit entries = $110,000
Total Credit entries = $80,000
Hence,
Ending balance = 240000+110000-80000 = 270,000
The ending balance of prepaid expense shall be <u>$270,000
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Answer:
True, To make the most of your time you should break up large projects into small pieces.
Explanation:
One way to break tasks down:
- Watch out for the large image. ...
- Review the elements of the task. ...
- Think about the relevant order of completing the pieces. ...
- Construct a timeline for accomplishing your tasks. ...
- Have a plan to support you stay on track. ...
- Complete your responsibility early enough to have some time left for a concluding review.
Debitors are the assests of business
Answer:
A) continue it.
Explanation:
The Family and Medical Leave Act of 1993 requires businesses with more than 50 employees to allow employees to take up to 12 weeks of unpaid leave per year in order to take care of a newborn child, or adopt a child, or take care of the spouse or child that suffers from a serious health condition, or if the employee suffers from a serious health condition. If the family member belongs to the military is involved, then the leave time extends to 26 weeks per year.