Answer:
Statement is true
Explanation:
One is liable to pay comparatively lesser tax if filed jointly with the spouse. Filing jointly is advantageous. IRS does not force married couples to file joint returns. They have the option to file separately but filing jointly provides ta relief.
If couples decide to file jointly, spouse is responsible to pay taxes or any resultant penalties, if the other half is unable to do so. In this case, Ernie is liable to pay taxes if Bonnie to unable to pay even though she does not have any eared income but they chose to file returns jointly.
Answer:
Option A-Real Estate Sales Contract
Explanation:
Illinois laws requires that a pre-printed offer to purchase that is intended to become a binding contract should have under heading Real Estate Sales Contract
Answer:
Required rate of return for the project = 9.7%
Explanation:
The risk-adjusted discount factor = cost of equity + the adjustment
Cost of equity can be calculated using the capital asset pricing model CAPM
Using the CAPM , the rate of return on equity can be determined as follows:
E(r)= Rf +β(Rm-Rf)
E(r) =? , Rf- 3.3%, Rm- 7.5%, β- 0.94
Cost of equity = Rf + β (Rm -Rf)
Cost of equity = 3.3% + 0.94×(7.5-3.3)= 7.248
The risk-adjusted discount factor= 7.248 + 2.5= 9.748
Required rate of return for the project = 9.7%
Answer:
bond under priced is $14.18
Explanation:
given data
market price = $1,050
annual interest = $100
rate of return = 9 percent
time period = 10 year
solution
we get here bond mis priced so for we get first theoretical Price of the bond that is
theoretical Price of the bond = annual interest × 
+ 
........1
theoretical Price of the bond = 100 × 
+ 
theoretical Price of the bond = $1064.18
but actual Price is $1050
so here bond is under priced as $1064.18 - $1050
bond under priced is $14.18
Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion
