Answer:
A. Land, land improvements, buildings, and equipment.
Market failure happens if goods and services are not distributed efficiently in the economy. Externalities can either be positive or negative. Positive externalities are benefits that may be provided whereas negative externalities are costs that may be associated. Demand, supply and wanting benefits are all sources of marketing failure and externalities.
Answer: File it electronically
Explanation:
Form 1040 is an Internal Service Revenue tax form that is utlized for the returns of the personal federal income tax that are filed by the residents of the United States.
Form 1040 calculates the taxpayer's total taxable income and then determines the amount that'll be paid or the amount that the government would refund.
Based on the information given, the procedures that should be used would be to prepare a Form 1040-X and then file it electronically so that Hector can make his claim.
Answer:
30%
Explanation:
The computation of the after tax yield of the taxable bond in the case when the tax bracket is 30%
= rate × (1 - tax rate)
= 5% × (1 - 0.30)
= 5% × 0.70
= 3.50%
As we can see that the short term municipal bond is 4%
So this tax bracket should be chosen as the short term municipal bond gives higher after tax yield
Answer:
(D) 55
Explanation:
For the purchase of 1 XYZ July 50 call @ 5, the customer has already paid a call premium of $5 (indicated by the @5).
The exercise price of the call is $50, meaning the call option gives the customer the right to buy XYZ at $50.
Thus, the customer will break even when the market price of XYZ = the exercise price + the premium
= 50 + 5 = 55.
At that market price ($55), the customer would pay a total of $5 premium, plus an exercise price of $50, which equals $55 (same as the market price.