5% ( interest income from a muni is exempt from federal income tax so the after-tax yield equals the before tax yield)
The correct answer is conflict theorists.
This theory was proposed by Karl Marx, and it stipulates that our society will always be in some kind of a conflict because of competition for resources, which are limited at this moment. Everyone wants to have those resources, but not everyone can have them, which is why they fight.
Answer:
The historical cost of the debt securities available for sale was $69,670.
Explanation:
Market value of the securities = $57,320
Cumulative unrealized Loss = $12,350
Historical cost of the securities held for sale = Market Value of the Securites + Cummulative unrealized losses
Historical cost of the securities held for sale = $57,320 + $12,350
Historical cost of the securities held for sale = $69,670
Securities Held for sale are recorded at the fairmarket value and its losses are accumulated. By adding cummulative losses of security to Maerket value of security we can calculate historical cost of the security.
Answer: Sales Skimming or Defalcation
Sales skimming occurs when a person at the sales counter takes a part of the cash from sales, and officially reports a lower total. The legal term for sales skimming is defalcation.
This is a white-collar crime that occurs before sales are recorded in the books of accounts and hence is quite difficult to detect, since there is very little paper trail that is involved.