<span>Bloodborne pathogens are infectious microorganisms carried by ________ that can cause disease in humans. B. Blood </span>
Answer:
Tax equivalent yield = 38.5%
Explanation:
Return on a municipal bond = 2.5%
Since municipal bonds are non taxable, for a similar taxable bond, tax equivalent yield is
:
Tax equivalent yield = Yield on municipal bond / (1 - tax rate)
Tax equivalent yield = 2.5% / ( 1 - 0.35)
Tax equivalent yield = 0.025 / 0.65
Tax equivalent yield = 0.03846154
Tax equivalent yield = 38.5%
Answer: A. $13000
During its first five years of operation, Mookie Consulting Services reported the following annual net income and dividend amounts:
Year Net Income Dividends
1 $22,000 $2,000
2 17,000 2,000
3 9,000 1,000
4 14,000 3,000
5 25,000 4,000
If Mookie had Retained Earnings of $88,000 at the end of year 5, what was the company's Retained Earnings at the beginning of
Year 1?
a. $13,000 d. $41,000
b. $23,000 e. some other amount
c. $37,000
Explanation: the difference between total dividends (75,000$) and total net Income (88000$) gives the Retained Earnings = $13000
Answer:
Net present value of the project is closest to $15,542.00
Explanation:
The net present value of the project is the present value of cash inflows minus the initial investment.
The present value of the cash inflows is the yearly cash inflow of $133,000 multiplied by the annuity of 13% for 4 years i.e 2.974
Present value of inflows=2.974*$133,000=$ 395,542.00
initial investment is $380,000
Net present value=$ 395,542.00-$380,000.00=$15,542.00