Answer:
B The payment will not result in the employing firm being banned from doing municipal securities business with State B because it was made based on a personal relationship.
Explanation:
The rule of de minimis applies to persons making donations to candidates vying for elective positions. $250 de minimis is applicable to a person who will vote for a candidate in an election. If a person will not vote for the candidate, the de minimis is $150.
In this case, the MFP will not be voting for the candidate. She is allowed to donate only $150. Any excess will be refunded. However, since the MFP is making the donation on his personal capacity, the firm as a separate entity will not be penalized for what the MFP does with her money. It is likely that the firm does not even do contracts with the municipality. However, they are not based in the same area.
Answer:
The interest rate for the euro zone to avoid arbitrage has to be C) 8.62%
Explanation:
Hi, we need to solve for r(eur) the following equation in order to find an interest rate that will avoid arbitrage.

That is:




So, the euro zone rate to avoid arbitrage is 8.62%, which is option C)
Best of luck.
Answer:
Customers will less likely agree to pay high price for an experience good
Explanation:
Once a firms reputation is ruined or tarnished, a great number of customers will naturally lose trust as regards products from that firm. Most customer would not want to gamble with their money even with the slight increase in interests rates, it is expected that a firm should always deliver quality product on a consistent basis. Inconsistency in product quality will lead to a reduction in customer trust and overtime, customer base in general.
Answer: $80,000
Explanation:
Given that,
Annual interest rate = 6%
Lease term = Eight month
Monthly payment at the end of each month = $10,000
King cones earning reduced by $10,000 per month.
Therefore,
Lease Expense = Monthly payments × Lease term
= $10,000 × 8
= $80,000
Above is the lease expense for the eight month term, ignoring taxes.
Answer:
1. FIFO inventory is greater than (>) LIFO inventory.
2. FIFO cost of goods sold is less than (<) LIFO cost of goods sold.
3. FIFO net income is greater than (>) LIFO net income.
4. FIFO income taxes are greater than (>) LIFO income taxes.
b. Income shown on the company’s tax return would be lower if LIFO rather than FIFO is used.
Explanation:
FIFO and LIFO are accounting methods used in managing costs related to inventory, stock repurchases at different times and financial activities associated with monetary costs a company had tied up within inventory of feedstocks, raw materials, produced goods, and equipment parts.
Simply stated, FIFO and LIFO are accounting methods is used for the valuation of the cost of goods sold and ending inventory of a company.
FIFO is an acronym for "First In, First Out" and it assumes oldest unit of inventory is sold first, meaning goods that were first added to inventory are the first goods removed from inventory for sale and are recorded as sold first.
LIFO is an acronym for "Last In, First Out" and it assumes last unit to arrive in inventory is sold first, meaning goods that were last added to inventory are the first goods removed from inventory for sale and are recorded as sold first.