5% ( interest income from a muni is exempt from federal income tax so the after-tax yield equals the before tax yield)
Answer:
Market Penetration Strategy
Explanation:
The reason is that in a market penetration strategy the company tries to attract customers as much as possible. To do so the company offers its product at a lower price than the competitors which helps the company to capture the market share very quickly and at a better position. The Johnson boats must pursue market penetration strategy because it helps in capturing market share very quickly and achieve maximum demand for its product.
It is best to scour government websites that have authority over stocks and trusts transactions.
Because the government has the ultimate authority to give permits in start-up corporations and other businesses, it is best to start your search in government websites and work on from there.
You can start with the Securities and Exchange Commission (SEC) website. You can also visit the websites of Financial Industry Regulatory Authority (FINRA), Bureau of the Public Debt, Commodity Futures Trading Commission (CFTC), <span>and </span>National Futures Association (NFA).
Answer:
a. $2,600,000
b. $2,500,000
Explanation:
The computation is shown below:
a. The additional revenue raised by State A is
= Revenue after applying the tax rate - initial revenue after applying the tax rate
where,
Initial revenue after applying the tax rate = $800 million × 5% = $40 million
And, the Revenue increased after applying the tax rate is
= $710 million × 6%
= $42.6 million
So, the additional revenue is
= $42.6 million - $40 million
= $2,600,000
b. The additional revenue raised by State Z is
= Sales tax rate × service volume
= 5% × $50 million
= $2,500,000
It would be, 750 + 125 + 2,000 + 875 so the company's total assets is 3,750$
Hope this helps!