Answer:
Jimmy must pay federal income taxes for the $500 earned in dividends during last year = $500 x 28% = $140
Since interest earned on federal securities are not taxed by state or local governments, there is no state tax liability.
Jimmy's total taxes due from dividends earned = $140
Answer:
60
Explanation:
price-earnings ratio = price / earnings per share
earnings per share = net income / shares outstanding = $150 / 300 = $0.50
$30 / $0.50 = 60
Answer:
118%
Explanation:
Calculation for the M2 measure invested in the managed portfolio
Using this formula
M2 measure invested in the managed portfolio=Managed portfolio standard deviation standard deviation/Market portfolio's standard deviation
Let plug in the formula
M2 measure invested in the managed portfolio=26%/22%
M2 measure invested in the managed portfolio=118%
Therefore the adjusted portfolio P* needed to calculate the M2 measure will have 118% invested in the managed portfolio and the rest in T-bills
Answer:
Explanation:
The list can be seen below.
Sequ Therblig Therblig Description
ence symbol name
1 TE Transport empty 
2 St select 
3 G Grasp 
4 TL Transport loaded 
5 P Position 
6 RL Release 
7 TE Transport Empty 
8 U Use 
9 TE Transport empty 
10 G Grasp 
11 U Use 
Answer:
B. has no effect on total assets.
Explanation:
Both cash and accounts receivable are assets. When a sale is made on credit, the entries required are debit accounts receivable and credit revenue.
On receipt of cash, debit cash and credit accounts receivable.
Hence the collection of a $1,000 Accounts Receivable will have no effect on total assets as one asset was credited ( a reduction) while the other was debited(an increase) by the same amount.
