Answer:
$59,900
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Explanation:
<u>Cash flow from Financing activities</u>
Particulars Amount
Cash paid for treasury stock $20,400
Cash dividends <u>$39,500</u>
Net cash used by financing activities <u>$59,900</u>
Answer:
Interest will be $855 x 10 years= $8,550
Explanation:
Interest
6÷100=0.06
0.06x14,250=$855
$855x10=$8,550.
How much to have paid back
At the end of 10years $8,550 would have been paid as interest
Total sum will be $14,250+$8,550=$22,800 to be paid back.
Answer:
Sample size = 384.16 ≈ 385
If we increase the order size to 25,000, there will be no change in the sample size as sample size is independent of the number of orders
Explanation:
Data provided in the question:
Number of sales order received per day = 2500
Confidence level = 95%
Certainty factor for 95% certainty = 1.96
Now,
Sample size = 
on substituting the respective values, we get
Sample size = 
or
Sample size = 384.16 ≈ 385
If we increase the order size to 25,000, there will be no change in the sample size as sample size is independent of the number of orders
Answer: $13,200
Explanation:
Given that,
Contributing to a traditional IRA = 7 years
Total in account = $30,000
Withdrawal from IRA to help pay for the car = $20,000
marginal tax bracket = 24 percent
Therefore,
After tax withdrawal:
= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000
= $20,000 - 0.1 × 20,000 - 0.24 × 20,000
= $20,000 - 2,000 - 4,800
= $13,200
Answer:
The correct answer is B
Explanation:
Calculation of AGI for 2019 -
Salary Income $70,000
Interest income on Xerox bonds $2,000
Inheritance from uncle $ 40,000
Deduction : Capital Loss ($2500)
Contribution to traditional IRA ($5500)
Inheritance from uncle ($40,000)
Total = $64,000
