1. Gross income - h. Total income before any deductions are taken
2. Net income - f. Take–home pay
3. Voluntary salary deduction - j. Money you have given
4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over
5. Fixed expenses - e. Expenditures that are constant from one time period to another
6. Discretionary spending - b. Expenditures that are under your control
7. Fixed income - i. Income that does not vary from one time period to another
8. Principal - d. The initial amount of money that was invested or borrowed
9. Salaried employee - g. Someone who receives a regular salary for employment
10. Insolvent - c. Unable to discharge liabilities or repay debts
Answer:
P5=48.3860
Explanation:
Santa Klaus Toys
The Price of the stock 5 years from today will be :
P5=D6/(r-g)=
D0*(1+g)^6/(r-g)
Where
D0 =3
g =3.9%
r=11.7%
Hence:
P5=3*(1+3.9%)^6/(11.7%-3.9%)
P5=3*(1+0.039)^6/(0.117-0.039)
P5=3*(1.039)^6/(0.078)
P5=3.77410/0.078
P5=48.3860
Answer: $13,020,000
Explanation:
Given that,
Tax rate = 30%
Total interest payment for the year just ended = $43,400,000
Interest Tax Shield = Tax rate × Total interest payment
= 30% × $43,400,000
= 0.30 × $43,400,000
= $13,020,000
Therefore, the interest tax shield is $13,020,000.
What?
Explanation:
Good Luck
Answer:
A) $4 million
Explanation:
The GDP is woth $4 million because GDP equals the sum of all produced goods and services, in a given year, within a country.
Inventories are part of GDP, counted as private investment, even if they are not sold. The reason for this is that firms payed someone for the inventory with the aim of earning a profit in the future, and assets that are purchased with the goal of getting economic benefit from their use, are qualified as investments.
