Answer:
Option (B) is correct.
Explanation:
Given that,
Marginal federal income tax rate = 30%
Sum of your marginal state and local tax rates = 5%
Yield on thirty-year U.S. Treasury bonds = 10%
Municipal bond has a yield:
= U.S Treasury bonds × (1 - tax)
= 10% × (1 - 30%)
= (10 ÷ 100) × [1 - (30 ÷ 100)]
= (10 ÷ 100) × (70 ÷ 100
)
= (1 ÷ 10) × (7 ÷ 10
)
= (7 ÷ 100)
= 7%
The major advantage of debt financing is the number of different sources from which it is available amortization benefits.
It is referred to as debt financing when a business takes out a loan that will be repaid with interest at a later time. A secured or unsecured loan could be used to finance it. To finance operating capital or an acquisition, a company will take out a loan.
A party, the debtor, is obligated by a debt to pay another person, the creditor, money or another agreed-upon value. In contrast to an immediate purchase, debt involves deferred payments or a series of payments.
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Based on the comparative financial statements of Stargel Inc, the financial ratios are:
- $2,790,000
- 4.1
- 2.5
- 16.0
- 22.8 days
- 2.2. times
- 73 days
- 2.2
- 0.4
- 7.6
- 1.1 times
- 11.5%
- 13.3%
- 13.6%
- $8.55
- 14.0
- $0.50
- 0.4%
<h3>What are Stargel's financial ratios?</h3>
Working capital:
= Current assets - Current liabilities:
= 3,690,000 - 900,000
= $2,790,000
Current ratio:
= Current assets / Current liabilities
= 3,690,000 /900,000
= 4.1
Quick ratio:
= 2,250,000 / 900,000
= 2.5
Receivables turnover ratio:
= Net credit sales /Average accounts receivable
= 10,000,000 / 625,000
= 16 times
Number of days' sales in receivables days:
= Average accounts receivable / Average daily sales
= 625,000 / 27,397.26
= 22.8 days
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Answer:
Mitigated damages term
Explanation:
The best defense for Stewarts in this situation is Mitigated damage term. This enables him to reduce his penalty on the breach of contract,
Even though the situation was outside his control , but the contract he signed stipulated that he will pay $50,000/ day of delay in the project which had unfortunately happened.
However , the damages can be reduced or even avoided if he sue for mitigated damage term
Answer:
These are the answer choices for the question:
A. Cooperation between governments and citizens
B. Commitment to maintaining long-standing customs
C. Corruption in the leadership of powerful groups
D. Competition between different businesses
And this is the correct answer choice:
B. Commitment to maintaining long-standing customs
Explanation:
Traditional economies are economies that have not yet industrialized, that tend to be small-scale, and that give great weight to traditions when taking economic decisions, precisely.
Examples of traditional economies can be seen in nomadic, semi-nomadic, and pastoralist peoples, who often lack enough economic complexity to become large populations with complex poltiical and economic institutions.
In these societies, economic decisions may be guided more by the insight of a leader, than by economic rationality per se, as long as the bare minimum needs for survival are met beforehand.
