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8_murik_8 [283]
2 years ago
12

An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what yield must municipals

offer for the investor to prefer them to corporate bonds? (Round your answer to 1 decimal place.)
Business
1 answer:
Mkey [24]2 years ago
7 0

Answer:

after tax yield on corporate bonds  = 6.3 %

Explanation:

given data

federal plus state tax bracket = 30%

corporate bonds  yields = 9%

solution

we get here yield that must municipals offer for the investor is express as

after tax yield on corporate bonds = corporate bonds  yields × ( 1 - federal plus state tax bracket  )   ......................1

put here value and we will get

after tax yield on corporate bonds = 9% × ( 1 - 30% )

after tax yield on corporate bonds = 0.09 × ( 1 - 0.30 )

after tax yield on corporate bonds  = 0.063

after tax yield on corporate bonds  = 6.3 %

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The three principal levels of hierarchies within a business organization are:
tester [92]

Answer:

Senior management, middle management and operational management.

Explanation:

Hierachy can be described as a method of structuring an organisation into various level from the top to the bottom, with each level having their defined role and authority in the organisation.

Senior management is the highest level in an organisation, they are responsible for supervising and controlling the daily activities that goes on in the company. They are known as the top decision makers.

Middle management is below the senior management, they are not responsible for decision making but are assigned to control the activities of the workers, they also help to inspire and motivate the workers inorder to increase productivity.

Operational management is directly responsible for the production of goods and services, they control the available materials which is needed to manufacture goods.

7 0
3 years ago
What are the four main types of Permission Sets in ePO?
Ad libitum [116K]

Answer:

5-kb

Explanation:

that is all i know

3 0
3 years ago
On July 8, Action Co. issued a $70,000, 6%, 120-day note payable to Scanlon Co. Assuming a 360-day year, what information is nee
vlabodo [156]

Answer: c. The face value ($70,000), interest rate (6%), and term (120 days) are needed to calculate the maturity value of the note.

Explanation:

The Maturity Value of the note payable will be the Total Amount at the end of 120 days. This amount would be the face value of the Note plus the interest that would have accrued over these 120 days.

Maturity Value = Face Value + ( Face Value * interest rate * term)

= 70,000 + ( 70,000 * 0.06 * 120/360)

= 70,000 + 1,400

= $71,400

Option C is correct.

8 0
3 years ago
Regling Company provides its employees vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $4
Leto [7]

Answer:

A.

Dr Vacation pay expenses $40,000

Cr Vacation pay payable $40,000

B.

Dr Pension expenses $222,750

Cr Cash $185,000

Cr Unfunded pension liability $37,750

Explanation:

Regling Company Journal entries

A.

Dr Vacation pay expenses $40,000

Cr Vacation pay payable $40,000

B.

Dr Pension expenses $222,750

Cr Cash $185,000

Cr Unfunded Pension liability $37,750

8 0
3 years ago
In Ricci v. DeStefano, Ricci, a white firefighter, took and passed the City of New Haven firefighter's test, required of all app
vfiekz [6]

Answer:

The correct answer is A. In Ricci v. DeStefano, the Supreme Court ruled that an employer may not simply disregard a test based on unwanted results unless the test is shown to be biased or deficient.

Explanation:

Ricci v. DeStefano is a Supreme Court ruling of 2009, after a lawsuit by nineteen firefighters who claimed to have been discriminated against in terms of career development.  They denounced that they had been discriminated after having passed the admission tests and still had not been promoted, since no African-American candidate had passed the tests. They also denounced that they had not been promoted because the Fire Department did not want to promote a group of new recruits without including within it any member of racial minorities.

Finally, the Supreme Court established that said procedure violated Title VII of the Civil Rights Act of 1964, since in the case equal access to employment was not guaranteed (in this case, favoring minorities over white firefighters), for set different demands for purely racial reasons.

7 0
3 years ago
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