Answer:
Tax equivalent yield = 38.5%
Explanation:
Return on a municipal bond = 2.5%
Since municipal bonds are non taxable, for a similar taxable bond, tax equivalent yield is
:
Tax equivalent yield = Yield on municipal bond / (1 - tax rate)
Tax equivalent yield = 2.5% / ( 1 - 0.35)
Tax equivalent yield = 0.025 / 0.65
Tax equivalent yield = 0.03846154
Tax equivalent yield = 38.5%
Answer:
The amount that Cullumber should report as its December 31 inventory is $543000.
Explanation:
FOB shipping point means the purchaser gains title to the merchandise at the shipping point, so when Pelzer shipped the goods, they belonged to Stallman.
**FOB destination means the seller maintains title until the merchandise reaches its destination, so since the goods have not reached their destination, the goods still belonged to Stallman
inventory on december 31 = inventory on december 31 + goods in transit purchased FOB shipping point + goods in transit sold FOB destintion
= $514,000 + $7,000 + $22,000
= $543000
Therefore, The amount that Cullumber should report as its December 31 inventory is $543000.
Answer:
B
Explanation:
The dividend growth model is a method of determining the value of a company using its dividend.
Forms of the dividend growth model include
- The Gordon dividend growth model
- The 2-stage dividend growth model
- The 3-stage dividend growth model
- The H-model
The advantages of the dividend growth model
disadvantages of the dividend growth model
- It is not appropriate when the investor wants to take a control perspective
- It cannot be used for a firm that doesn't pay dividends
Incorrect. You don’t need a comma after “crocodiles” or before “other”
<span>In an economy that relies on barter, there is no item in the economy that is widely accepted in exchange for goods and services. Money is not used in a bartering system. Goods are exchanged for goods, and services are exchanged for services.</span>