Answer:
b. $1,655
Explanation:
Calculation for What was the amount of revenue for July
Cash for services $1,090
Add Services provided on credit $565
Revenue $1,655
($1,090+$565)
Therefore the amount of revenue for July will be $1,655
Answer:
The first loan for $8,000 could fall under the exemption of employer-employee loan. But then after the second is taken, that exemption would no longer apply. A minimum interest of $18,000 x 4% x 6/12 = $360 should be charged.
If the loan is considered a corporation-shareholder loan, then it doesn't qualify for any type of exemption, resulting in interests = ($8,000 x 4% x 6/12) = $160 for 2020
for 2021, interest applied = [($8,000 + $160) x 4%] + ($10,000 x 4% x 6/12) = $326.40 + $360 = $686.40
Answer:
Consumer Price Index - Measuring the cost of living for a typical consumer.
The CPI is a measure of the change in price of a basket of goods and services most commonly bought by an average customer.
Producer Price Index - Examining price changes that might affect businesses.
The Producer Price Index measures the change in prices for raw materials that are used in the production process. This is an important price index to measure the costs associated with running a business in a specific area.
Home Price Index - Measuring differences in the cost of living between different cities.
The Home Price Index measures the changes in the price of residential units in different areas. This index is useful to measure the cost of living accross cities because the cost of renting and buying real estate is often the most significant cost of living for any city.
Answer:
the answer is 7%
Explanation:
If we estimate the beta as a proportion between the expected risk -free rate and the expected market value, we obtain 4%/16%=25%
b=0.25 r=?
r_m=0.16
r_ref=0.04
then we use the CAPM Model
r=r_ref +b(r_m-r_ref)
r= 0.04+0.25*(0.16-0.04)=0.07
Answer:
(a)Dawson Company $42.00
(b)McBride Company $41.40
Explanation:
The amount of FUTA taxes to be paid on Mirer's wages by the two companies are:
(a)Dawson Company $42.00
(7000*0.6%) = $42.00
(b)McBride Company $41.40
(6900*0.6%) =$41.40