Answer:
e. None of these.
Explanation:
Step 1. Given information.
Taxable Dividend Yield = 9.7%
Tax rate on Dividend yield=15%
Interest rate=10%
Let Tax rate on Interest=X
Step 2. Formulas needed to solve the exercise.
Interest rate * (1 - x) = taxable dividend yield ( 1 - tax rate on dividend yield)
Step 3. Calculation.
0.10*(1-x)=0.097*(1-0.15)
0.10-0.10x=0.08245
0.10x=0.01755
x=0.01755/0.10
=0.1755
=17.55%
Step 4. Solution.
e. None of these.
The missing amounts on the company's financial statements include the current asset of $880000, quick asset is $400000 and an inventory of $480000.
<h3>How to calculate the asset?</h3>
Based on the information given, it should be noted that the current assets will be:
= Current liability × Current ratio
= $320000 × 2.75
= $880000
The quick assets will be:
= $320000 × 1.25
= $400000
The inventory will be:
= $880000 - $400000
= $480000
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All of the following are benefits of workforce diversity except enhanced communication.
Diversity in the workforce refers to the distinctive personality traits that each employee possesses. Gender, race, ethnicity, religion, age, sexual orientation, physical prowess, and ideologies can all be included in the definition of workforce diversity. Since it recognizes the unique strengths and potential of each employee, a diverse workplace is a valuable asset. A diverse skill set enables a company to provide a broader and more flexible range of goods and services. Teams with more diversity are more effective and perform better as they highlight a more tremendous potential for professional and personal development. Individuals can benefit from one another's knowledge and experiences thanks to diversity. Including various viewpoints and ideas improves problem-solving.
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Answer:
-$62,000
Explanation:
The computation of the net cash flow provided or used by investing activities is shown below:
Cash flow from investing activities
Purchase of an equipment -$70,000
Sale value of the equipment $8,000
Net cash flow used by investing activities -$62,000
The purchase represents the cash outflow therefore it is presented in a negative sign while the sale represents the cash inflow therefore it is presented in a positive sign
