Your merchant fee is 3%. Your

Would you prefer a fully taxable investment earning 8.1 percent or a tax-exempt investment earning 6.1 percent? (assume a 28 per

blsea [12.9K]

<span>Prefer the 6.1 percent tax-exempt investment. Let's do the math and see why the tax-exempt investment is the better choice. For the 8.1% taxable investment, you get taxed at the rate of 28%. Which means that you only get to keep 100%-28% = 72% of your gains. So 0.72 * 8.1 = 5.832 which means your effective earning percentage is only 5.832% which is less than the 6.1% rate you get for the tax-exempt investment. Another consideration that wasn't taken into account for the question is the earnings on the taxable investment may push you up into a higher tax bracket. Which in turn increases the tax burden on your other investments. So the better choice here is the 6.1% tax-exempt investment even though that first glance the 8.1% investment looks higher.</span>

7 0

3 years ago

Sending a busy manager a long email represents a problem in which area of the communication process?

bezimeni [28]

Poor time management and poor observational skills
Good luck with future problems m8

6 0

3 years ago

On January 1, 2021, the Coldstone Corporation adopted the dollar-value LIFO retail inventory method. Beginning inventory at cost

yaroslaw [1]

Inventory value of Cold stone Corporation as on 31/12/2021 is $ 58,600 at cost value and $61,530 at retail value

Explanation:

In the United Kingdom, Retail price index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

LIFO - last in first out method .,means the inventory purchased in last will be sold first.

opening inventory and closing inventory always calculated at cost price only

Cost of sales = sales- markup

= $846,000 - $11,000 = $835,000

Closing inventory value

= cost of sales - purchases - opening inventory

= $835,000 - $693,600 = $141,400 - $200,000 =$ 58,600

$= $835,000 - $693,600 = $141,400 - $200,000 =$ 58,600$

Retail value of inventory on 31/12/2021

= $ 58,600×1.05= $61,530

$= $ 58,600×1.05= $61,530$

3 0

3 years ago

Ann is in the middle of completing her first 1040EZ tax form. She has some questions about an instruction on the form. What shou

Svetradugi [14.3K]

She should ask for help from either someone who has already completed it many times before, possibly older, or ask for information at the local IRS office, or call the IRS and ask for help.

8 0

4 years ago

Read 2 more answers

Refer to Fishy Business. In the future, suppliers of fresh fish will be able to use electronic bar codes to verify the fish spec

dalvyx [7]

Answer:

c) Electronic Data Interchange

Explanation:

Based on the scenario being described within the question it can be said that this information technology is called Electronic Data Interchange or EDI for short. This technology allows one company to send large sets of data/information to another company electronically as opposed to other physical delivery methods of communication. Which in this case the electronic method that will be used are electronic bar codes.

7 0

4 years ago

Read 2 more answers