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jok3333 [9.3K]
3 years ago
6

An investor is in the 28 percent federal tax bracket and pays a 9 percent state tax rate and 4 percent in local income taxes. Fo

r this investor a municipal bond paying 6 percent interest is equivalent to a corporate bond paying ________ interest.
Business
1 answer:
Crazy boy [7]3 years ago
8 0

Answer:

Corporate bond pay = 10.169%

Explanation:

Given:

Federal tax = 28%

State tax = 9%

Local income tax = 4%

Municipal bond pay = 6% = 0.06

Corporate bond pay = ?

Computation of Corporate bond pay :

Total taxes rate = 28% + 9% + 4%

Total taxes rate = 41%  = 0.41

Corporate bond pay = Municipal bond pay / (1-total tax rate)

Corporate bond pay = 0.06 / (1-0.41)

Corporate bond pay = 0.06 / (.59)

Corporate bond pay = 0.10169

Corporate bond pay = 10.169%

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The maximum distance people are willing to travel for a service is
ladessa [460]

Answer:

Range

Explanation:

Range is the term which is used to describe the maximum distance which the consumers or customers are prepared or willing to travel in order to acquire the goods or to use a service.

It is because at some point, the expense or the inconvenience which will outweigh the requirement of the good.

And there are two types of range, one is small rage and other is large range.

Small range is the range which the people are willing to go only a distance which is short for the everyday consumers services like the pharmacies, grocery. While the large range is the range which will people travel the longer distances for the other services like ball game.

6 0
3 years ago
In your own opinion, why do you think it is important to establish a daily job search routine?
Alenkinab [10]

The answer is: because every day there is more opportunities opening up

You will never know where a company will post a job opportunities that provide better conditions or salaries compared to the job that you currently had. Because of this, you need to keep expanding your networks and setting up routine job search schedule.

5 0
3 years ago
Read 2 more answers
Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 units 3
irina [24]

Answer:

5,850 units

Explanation:

Units Incomplete at the beginning of the month:

= No. of units × 40% incomplete

= 600 units × 0.4

= 240 units

Units completed during the month:

= 6,000 - 600

= 5,400 units are completed

Units completed at the end of June:

= 700 units × 30%

= 210 units

Number of equivalent units of production for conversion cost for the period:

= 240 + 5,400 + 210

= 5,850 units

4 0
3 years ago
What type of life insurance are credit policies issued as?
trasher [3.6K]
<span>They are considered decreasing term policies. In these policies, the benefits usually decrease over the life of the policy: that is, the closer one gets to the end of the policy term, the less the benefit will typically be. At the end of the term, there is no option to renew for the same premiums, and the policy simply expires.</span>
6 0
3 years ago
In 2016, Chaya Corporation, an accrual basis, calendar year taxpayer, provided services to clients andearned $25,000. The client
Artemon [7]

Answer:

$27,333.33

Explanation:

The computation of the amount of income reported is shown below:

= Provided services to the customer + Payment received × number of months ÷ given number of months

= $25,000 + $12,000 × 7 months ÷ 36 months

= $25,000 + $2,333.33

= $27,333.33

The seven months is calculated from the June 1 to December 31. We assume the books are closed on December 31

7 0
2 years ago
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