When you are making a list of careers that interest you, you should always:

Which person would benefit most from taking advantage of a low variable

never [62]

Based on the information, the individual that'll benefit from the interest rate will be C. Evan needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.

A variable interest rate simply means an interest rate that fluctuates. It's different from a fixed interest rate. It should be noted that variable interest rates have low interest rates and are typically used for short-term financing.

Therefore, the person that would benefit most from taking advantage of a low variable interest rate will be Evan who needs to borrow money to pay for car repairs, but he will be able to pay off the loan within two to three months.

Read related link on:

brainly.com/question/25697560

7 0

2 years ago

Clyde is a cash-method taxpayer who reports on a calendar-year basis. This year Paylate Corporation has decided to pay Clyde a y

denis23 [38]

Answer:

a. $1,700 b. $100 c. $1,700 d. $0

Explanation:

I think the question should be this way

Clyde is a cash-method taxpayer who reports on a calendar-year basis. This year Paylate Corporation has decided to pay Clyde a year-end bonus of $1,700. Determine the amount Clyde should include in his gross income this year under the following circumstances: (Leave no answer blank. Enter zero if applicable.)

a. Paylate Corporation wrote the check and put it in his office mail slot on December 30 of this year, but Clyde did not bother to stop by the office to pick it up until after year-end.

Amount to be included:_______

b. Paylate Corporation mistakenly wrote the check for $100. Clyde received the remaining $1600 after year-end.

Amount to be included:______

c. Paylate Corporation mailed the check to Clyde before the end of the year, (and it was delivered before year end). Although Clyde expected the bonus payment, he decided not to collect his mail until after year-end.

Amount to be included:_______

d. Clyde picked up the check in December, but the check could not be cashed immediately because it was postdated January 10.

Amount to be included:_______

Explanation:

a. Clyde is taxed on the $1,700 under the constructive receipt doctrine.

b. Clyde is taxed on the $100 - the remaining $1600 is taxed in the next year.

c. Clyde is taxed on $1,700 unless the mail was not delivered until after year-end. Clyde would need to check his mail on December 31 or he would have the burden of proving he didn't receive the check before year-end if the IRS alleges that the check was delivered before year-end.

d. Clyde is not taxed until next year because the postdated check is a substantial restriction.

6 0

3 years ago

A small nation of 10 people idolizes the TV show The Voice. All they produce and consume are karaoke machines and CDs, in the fo

Sholpan [36]

Answer:

The inflation rate is different using the two methods as the rate of inflation calculated by the CPI holds basket of goods and services constant while the GDP deflator allows it to change.

Explanation:

i. Value of market basket of the good in 2020 = ($50*2) + ($5*6) = $130

Value of market basket of the good in 2021 = ($70*2) + ($6*6) = $176

CPI in 2020 = ($130 / $130) * 100 = 100

CPI in 2021 = ($176 / $130) * 100 = 135.38

Thus, The percentage change in overall price level is = [(135.38 - 100) / 100) * 100 = 35.38%

ii. Nominal GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300

Nominal GDP in 2021 = ($70 * 21) + ($6 * 80) = $1950

Real GDP in 2020 = ($50 * 20) + ($5 * 60) = $1300

Real GDP in 2021 = ($50 * 21) + ($5 * 80) = $1450

GDP deflator in 2020 = (Nominal GDP in 2107 / Nominal GDP in 2107) * 100 = ($1300 / $1300) * 100 = 100

GDP deflator in 2021 = (Nominal GDP in 2108 / Nominal GDP in 2108) * 100 = ($1950 / $1450) * 100 = 134.48

Thus, the percentage change in overall price level is = [(134.48 - 100) / 100) * 100 = 34.48%

5 0

3 years ago

Allen’s ark sells 2000 canoes per year at a sales price of 460

NNADVOKAT [17]

Answer:

well, sell 2000 canoes per year at 460.... and de rest?

3 0

3 years ago

Financial data for Joel de Paris, Inc., for last year follow: Joel de Paris, Inc. Balance Sheet Beginning Balance Ending Balance

Nikolay [14]

Answer:

Please see the detailed solution below:

Explanation:

Solution 1:

Average Operating Assets = (Beginning Operating Assets + Ending Operating Assets) / 2

Average Operating Assets = ($1,850,000 + $1,890,000) / 2

Average Operating Assets = $3,740,000 / 2

Average Operating Assets = $1,870,000

Solution 2:

Margin = Net Operating Income / Sales

Margin = $589,050 / $3,927,000

Margin = 0.15 i.e., 15%

Turnover = Sales / Average Operating Assets

Turnover = $3,927,000 / $1,870,000

Turnover = 2.1

Return on Investment = Margin x Turnover

Return on Investment = 15% x 2.1

Return on Investment = 31.5%

Solution 3:

Residual Income = Net Operating Income - (Minimum Required Rate of Return x Average Operating Assets)

Residual Income = $589,050 - (15% x $1,870,000)

Residual Income = $589,050 - $280,500

Residual Income = $308,550

8 0

3 years ago