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cestrela7 [59]
2 years ago
5

A municipal bondholder buys a 5 percent coupon annual payment muni bond at a price of $4,900. The bond has a $5,000 face value.

In one year she sells the bond for $4,975. The appropriate capital gains tax rate is 15 percent and her ordinary income tax rate is 28 percent.
A. What is her after-tax rate of return?
Business
1 answer:
Levart [38]2 years ago
3 0

Answer:

the after tax return on the investment is 6.40%

Explanation:

5% interest on the face value: 5,000 x 5% = 250 this interest are tax exempt.

capital gain:

4,975 - 4,900 = 75

75 x 15% = 11.25

net return: 75 - 11.25 = 63.75

total return: 250 + 63.75 = 313.75

investment 4,900

313.75 / 4900 = 0,064030 = 6.40%

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Which of the following actions is least likely to help prevent and detect schemes involving fraudulent invoices from non-accompl
Valentin [98]

Answer: C. Matching all bank statement items to canceled checks.

Explanation: To help prevent and detect schemes involving fraudulent invoice and non accomplice vendors, matching all bank statement items to canceled checks is the right option to go with.

This action have proved to be effective and to at least prevent fraudulent invoice by vendors.

7 0
3 years ago
Read 2 more answers
Using the following information, determine the location quotient for Motor City: employment in motor vehicle manufacturing withi
ValentinkaMS [17]

Answer:

15.7

Explanation:

In this question we have the following information

Employment in Motor Vehicle manufacturing within city = 12643

Total employment in motor city = 560379

Total individual employment = 152750

Total employment = 106201232

We get the location quotient as

(12643/560379)/152750/106201232

0.02256/0.001438

= 15.69

This is approximately

15.7

Therefore the location quotient = 15.7

7 0
3 years ago
Nikki, the design and development manager at Holden Outerwear, says she likes "taking something everyone does every day and doin
Serjik [45]

Answer:

Democratic leadership style

Explanation:

Based on the information provided it seems that Nikki's workplace has a Democratic leadership style. This refers to a type of leadership style in which the members of the group take a participative role in the decision-making process. The phrase "taking something everyone does every day and doing it slightly different." shows that the company allows it's employees to make their own decisions as long as they get the desired results.

3 0
2 years ago
The Janissaries were___________.A)slave women who lived in the sultan's harem.B)Christian boys taken from conquered territories
Drupady [299]

Answer:

The answer to this question is B. Christian boys taken from conquered territories and raised as special forces.

Explanation:

The Janissaries  were Christian boys, that were taken as salves  from the Balkan region  (Southeast Europe)   that ended up in Anatolia  (west Asia) and were indoctrinated into Islam and circumcised.

They were made to go through rigorous training, and they earned the rank of Janissary upon reaching 24 or 25 years of age.  

7 0
3 years ago
Read 2 more answers
Pompeii, Inc., has sales of $46,200, costs of $23,100, depreciation expense of $2,200, and interest expense of $1,700. If the ta
ycow [4]

Answer:

The net operating cashflows are 18,876 dollars.

Explanation:

Operating cashflows are cashflows which an entity generates from it core operations. In other words cash flow related to investment and finance activities do not form part of an entity operaing cashflows.

So in this example interest will not be part of operating cashflows.

For more details please refer to below given calculations.

OCF

Sales       46,200

Cost         (23,100)

Tax            (4,224) (W-1)

OCF          18,876

(W-1)  Calculating profit to find tax paid

(46,200-23,100-2,200-1,700)*22%

5 0
3 years ago
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