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3 years ago

What is total taxable income

1 answer:

4 0

Taxable income, generally speaking, is the gross income of an individual or corporation, less any allowable tax deductions. Your taxable income is, in other words, the amount of your income that is subject to income tax.

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An investment firm recommends that a client invest in bonds rated AAA, A, and B. The average yield on AAA bonds is 4%, on A bo

Sophie [7]

Answer:

let A = AAA bonds that yield 4%

let a = A bonds that yield 5%

let B = B bonds that yield 8%

A = 2B

A + a + B = 28,000 (replace A with 2B)

0.04A + 0.05a + 0.08B = 1,460 (replace A with 2B)

2B + a + B = a + 3B = 28,000 ⇒ a = 28,000 - 3B

0.08B + 0.05a + 0.08B = 0.05a + 0.16B = 1,460 (replace a with 28,000 - 3B)

0.05(28,000 - 3B) + 0.16B = 1,400 - 0.15B + 0.16B =1,460

1,400 + 0.01B = 1,460

0.01B = 1,460 - 1,400 = 60

B = 60 / 0.01 = $6,000

A = $12,000

a = $28,000 - $6,000 - $12,000 = $10,000

AAA bonds = $12,000

A bonds = $10,000

B bonds = $6,000

A + a + B = 38,000 (replace A with 2B)

0.04A + 0.05a + 0.08B = 1,990 (replace A with 2B)

2B + a + B = a + 3B = 38,000 ⇒ a = 38,000 - 3B

0.08B + 0.05a + 0.08B = 0.05a + 0.16B = 1,990 (replace a with 28,000 - 3B)

0.05(38,000 - 3B) + 0.16B = 1,900 - 0.15B + 0.16B =1,990

1,900 + 0.01B = 1,990

0.01B = 1,990 - 1,900 = 90

B = 90 / 0.01 = $9,000

A = $18,000

a = $38,000 - $9,000 - $18,000 = $11,000

AAA bonds = $18,000

A bonds = $11,000

B bonds = $9,000

3 0

3 years ago

A company borrows $100,000 from a bank; this is part of the: a. Secondary debt market b. Primary debt market c. Secondary equity

katrin [286]

Answer:

The answer is B. Primary Debt Market

Explanation:

Primary Debt Market is a type of market in which participants issue/obtain loan(bonds, notes, bills etc.)directly from a company(bank or lender).

The money is directly from the bank to the debtor(the company that is borrowing money).

Option B is incorrect because secondary debt market is from hand to hand i.e from debtor to debtor.

For example, Mr A. obtains a loan of $1000 dollar from a bank. This is primarily debt market. And afterwards Mr A. sells this particular loan to Mr B. This is secondary debt market because it is not directly from the bank.

Option C and D are incorrect because this transaction is a debt transaction and not an equity transaction

3 0

3 years ago

When and under which Act citizen investment trust was established ?

nirvana33 [79]

18th March, 1991

Citizen Investment Trust (Nagarik Lagani Kosh), a statutory institute under Citizen Investment Trust Act, 2047, has ownership of Nepal Government as a public financial organization. It was established on 18th March, 1991(4th Chaitra, 2047B. S) as an autonomous body.

3 0

3 years ago

Read 2 more answers

Lever Europe, a division of Unilever, markets Snuggle fabric softener. But in 10 European countries, it uses seven brand names,

irga5000 [103]

Answer:

differentiation

Explanation:

A differentiation strategy means that a product or service will be adapted or changed in order to fit the needs and wants of their customers. This product or service changes can include changes in the product design, packaging, features, brands, quality and even customer service.

In this case Lever Europe brands one product differently depending on which country it will be sold. Along with the new name, the packaging must also change, and even some features might change also (e.g. color or density). This way French customers will probably be more attracted to Mimosin instead of Snuggle, or German customers must also prefer Kuschelweich.

8 0

3 years ago

A mid-sized firm plans to issue 10 million shares during an IPO. The underwriter plans to sell shares at $24.45; however, many i

HACTEHA [7]

Answer:

The answer is " $\$243,400,000$ ".