2. Safe and 3. Easy to buy
While savings bonds are tax exempt for state and local purposes, you will pay federal income tax when you redeem the savings bond (1. no taxes).
These savings bonds are safe because they are sums lent to the US government and protected and backed by their powers (2. safe). In addition, they are easy and convenient to buy because of the low minimums and the online purchase system on the Treasury website (3. easy to buy).
They are not matched deposits (4. matched deposits). While you may receive them as gifts, you cannot redeem these gifts for a number of years, making them non-fungible (5. Great as gifts). Finally, there is a myth that these are good for the United States government but really they are merely backed and protected by the United States government as a savings mechanism. Saving is good for the US economy but does not have a truly meaningful impact on the US government.
Answer: $7,000
Explanation:
The book value of the pump is the same as the value stated by the accountants.
The accountants are skilled in the field and most probably used accounting assessment techniques which were based on certain assumptions by accounting bodies so their valuation of the pump is to be considered the book value.
Answer:
True
Explanation:
A vision is something that can be seen so that will people can be motivated to move towards it. An effective vision is a vision that has a direction, clear, purposeful, challenging, unique and inspiring to people working towards the vision.
Important characteristics of an effective vision is that it be purposeful and challenging. An effective vision is said to be purposeful when it the organisation and its people derive a a larger sense of purpose from it making them to feel as part of something bigger. An effective vision is challenging when it challenges, stretches and sets a high standard for the company.
Therefore, an effective vision stretches and challenges people and can result in increased innovation as illustrated by Apple's CEO Steve Jobs.
The basic role of the European Normal Market was to lay out a tax-free progression of merchandise among part countries. In 1957, the European Normal Market was shaped by six industrialized Western countries to extend exchange by finishing duties and permitting capital.
The Normal Market was an economic deal, not a dispersion place for merchandise. It was exclusively for Western industrialized nations. The Normal Market didn't diminish reliance on unfamiliar oil saves as the Bedouin Ban of the 1970s illustrated. The Normal Market was for industrialized and expanded economies.
Learn more about European market:
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Answer:
11.30%
Explanation:
Roten rooters have an equity multiplier of 1.52
The total assets turnover is 1.20
The profit margin is 6.2%
= 6.2/100
= 0.062
Therefore the ROE can be calculated as follows
= 0.062× 1.52×1.20
= 0.1130×100
= 11.30%
Hence the ROE is 11.30%
