Answer:
32.13%
Explanation:
The computation of the break-even corporate tax is shown below:
As we know that
Municipal bond return = preferred stock return before tax × [1 - (1 - dividend exclusion) × Break even corporate tax]
7.5 = 8.30 × [1 - ( 1 - 0.70) × Break even corporate tax
]
7.5 ÷ 8.30 = 1 - 0.30 × Break even corporate tax
0.9036 = 1 - 0.30 × Break even corporate tax
0.30 × Break even corporate tax = 1 - 0.9036
So, Break even corporate tax is
= 0.0964 ÷ 0.30
= 32.13%
Basically we applied the above formula
Answer:
The answer is T that is (True)
Explanation:
First of all, we need to understand that internal control in technology advanced accounting system are designed policies and procedures integrated into the system to give it integrity and reliability.
The purpose are mainly to curb but not limited to issues like fraud, generating timely and effective reporting, reassuring investors, give a forensic over view of business operation success and proactively identify financial challenges.
The internal controls in advanced accounting can either be preventative, consequentially deterring fraud and mistakes, or detective, consequentially identifying challenges after they have occurred
This two aforementioned objective of the internal control in technology advanced accounting are embedded in the design and operation of the system stage, thereby confirming the statement to be true that Internal control in technologically advanced accounting systems depends more on the design and operation of the information system and less on the analysis of its resulting documents
Answer:
The cost of goods sold and the ending inventory, respectively, were: $660,000 and $490,000
Explanation:
Saratoga Dress Co. had gross profit rate of 45%
Gross profit rate = (Gross Profit/ Sales)x 100%
Gross Profit = (Gross profit rate x Sales)/100% = (45% x $1,200,000)/100% = $540,000
Cost of Goods Sold = Sales - Gross Profit = $1,200,000 - $540,000 = $660,000
The ending inventory = the beginning inventory + purchasing merchandise - Cost of Goods Sold = $300,000 + $850,000 - $660,000 = $490,000
1. Many form of NCDs appear without obvious symtoms, making people who actually had it may not realize that they had it.
2. In elderly, the number of NCDS may be hidden behind so many other complications, and will mess up the number.
3. Many forms of NCD in elderly caused sudden death before it recorded.
Answer: $15,000
Explanation:
Comparable B is a 4 bedroom house with no swimming pool right.
Okay.
And we also know that a room adds $20,000 to the value of a house as well.
So if Comparable B was a 3 bedroom house instead of a 4 then what would it be?
= $280,000 - $20,000
= $260,000
The means that a house with no swimming pool such as Comparable B but with 3 bedrooms will be valued at $260,000.
But instead Comparable A has a 3 bedrooms yet is valued at $275,000 with the only apparent difference being a swimming pool. The pool therefore accounts for the difference which is,
= 275,000 - 260,000
= $15,000
This means that $15,000 is the value of the pool.
