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lord [1]
3 years ago
7

Capital gains that are realized upon the sale of a municipal security are:________

Business
1 answer:
baherus [9]3 years ago
8 0

Answer:

A. I and III

Explanation:

Capital gains on the municipal securities are taxable at the Federal, State and Local Level. Only the interest income from the municipal securities will be exempted from the Federal income tax.

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3 years ago
A 15% increase in sales resulted in a 40% increase in net income for Company A and a 60% increase in net income for Company B. B
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company B has the greater operating leverage

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3 0
1 year ago
A municipal bond is paying a 6% annual yield. An equivalent risk corporate bond is paying 7%. Investors with a tax rate of ____
faltersainse [42]

Answer:

The correct answer is 25%

Explanation:

To calculate the value of the tax rate to decide on the municipal bond, we must take the information of the annual yield minus the expenses associated with this product, on the interest of the corporate bond:

Tax Rate = 1 - (0.0525 / 0.0700) = 25%

In this way, 25% or more, is a percentage of the tax rate that can make them decide on the municipal bond option.

6 0
2 years ago
Please help me anyone (picture attached)
sergey [27]

Answer:

Im not entirely sure, but i think

2. Should be D

3. Should be A

(i could be wrong but im about 90 percent sure those r right)

Explanation:

3 0
2 years ago
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