Answer:
In order to reduce taxable income and at the same time meet the customer's need for a large cash down payment, you should advice him to invest in stocks. The stock market generally yields high returns and since the customer is young, he can afford the risk. Also, and probably most important, capital stock gains are taxed at a much lower rate than interest income (vs investing in bonds).
Answer:
if this helps the US economic system is way worse than the Asian one
Answer:
a) open in February because the $4,000 of total revenue exceeds the $3,500 of variable costs.
Explanation:
In the short run, when the demand for a product decreases below break even point, a business should remain in operations as long as the total revenues are equal or larger than variable costs.
In this case Stu will only earn $4,000, which is not enough to make a profit, but will cover all the variable costs. If he remains closed during February, he will still have to pay $1,500 in fixed costs.
Answer:
$47,605.83
Explanation:
future value of Takashi's savings = $30,000 x 7.3359 (FVIFA, 8%, 6 periods) = $220,077
the value of each distribution payment = $220,077 / 4.6229 (PVIFA, 8%, 6 periods) = $47,605.83
These are ordinary annuities, therefore, so we can find their annuity factors using a table.