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klasskru [66]
2 years ago
12

g What is the after-tax yield on a one-year corporate bond with a 7 percent yield if your marginal federal income tax rate is 40

% 2.8% 4.2% 5% 5.3% 6.2%
Business
1 answer:
Triss [41]2 years ago
6 0

Answer: 4.2%

Explanation:

Bonds are debt instruments which means that the interest paid on bonds is tax deductible. After the tax is deducted, the after tax yield shows the actual yield being paid on the bond given the tax rate.

The after tax yield on a bond is calculated by the formula:

= Before tax yield * ( 1 - Tax rate)

= 7% * ( 1 - 40%)

= 4.2%

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A company's 2013 year-end balance sheet included the following: Jan. 1 Dec. 31 Accounts Receivable $80,000 $100,000Inventory $60
denis-greek [22]

Answer:

B. $170,000.

Explanation:

X company

statement of cash flow

For the year ended

Net income (balancing) (Note - 1)                                   $170,000

Cash flow from operating activities                      

Depreciation expense                                   $25,000

Increase in account receivable                     $(20,000)

Increase in inventory                                     $(10,000)

decrease in Prepaid Expenses                     $25,000

Decrease in Accounts Payable                     $(20,000)

Increase in Deferred Revenue                      $30,000

<u>Cash flow                                                                                $30,000</u>

Net cash flow from operating activities                              $200,000

Note 1:

Net cash flow from operating activities - Total changes in working capital=                        $200,000-$30,000 = $170,000.

3 0
3 years ago
Sebastian is an employee at Plowell Inc. His duties include preparing reports and analyzing company data. He also appraises fina
Angelina_Jolie [31]

Answer:

The answer is option (D) management accountant.

Explanation:

A management accountant is an employee who prepares financial and non-financial data, verify the data, interpret information from such data and combine them (both financial and non-financial) in order present a complete picture of the business.

The results of management or managerial accounting help a company make informed business decisions that would ensure the success of the business and help sustain it.

7 0
3 years ago
At the start of its fiscal year, a company anticipated producing 300,000 units throughout the year. The annual budgeted manufact
scoray [572]

Answer:

The correct answer to the following question is $36,000.

Explanation:

Given information  -

Units anticipated to be produced - 300,000 units

Variable cost - $150,000

Fixed cost - $600,000

Beginning inventory - 5000 units

Ending inventory  - 7000 units

Income under absorption costing - $40,000

Now under the absorption costing, rate of fixed overhead cost per unit -

Fixed cost / Number of units produced

= $600,000 / 300,000

= $2

In April ( under absorption costing ), the amount of fixed manufacturing overhead cost that was still embedded in ending inventory but were not expense -  

Fixed overhead rate per unit x number of units produced but not sold

= $2 x 2000 ( 7000 units - 5000 units )

= $4000

So when we calculate the operating cost under variable costing this fixed overhead cost wold be subtracted from total income -

$40,000 - $4000

= $36,000 .

6 0
3 years ago
What is the meaning of the full faith and credit clause
Yuki888 [10]

Hello!

the full faith and credit clause explains the fact that states within the United States have to respect the public acts, records, and judicial proceedings of every other state.

for example, if someone has a driver's license in Vermont, it will be considered valid in new mexico.

or if someone were to get married in California, they would still be married if they move to Virginia.

I hope this helps, and have a nice day!

6 0
3 years ago
V. Wheat is the main input in the production of flour. If the price of wheat decreases, then we would expect:
Murrr4er [49]

Answer:

3. Supply of flour to increase.

Explanation:

The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.

If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.

6 0
3 years ago
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