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3 years ago

Please help its due in 2 hours time will give all my points

Business

1 answer:

adoni [48]3 years ago

8 0

Explanation:

First money ever made was just coins and it differed in worth compared to today. In the present, money is not only a physical object but it also an imaginary value on our bank accounts and cards. Having in mind that monetary transactions are all-in-all deposits, withdrawals and exchanges, its way easier to conduct those with not having to give and recieve money in physical form, but being, able to do it all while just transfering the numbers from one to another account. Bankers have less responsibility due to not having to stock all the money in safes and secure boxes, but just checking if all the numbers are adding up. So, shall we say, the development of money over time has improved the way in which monetary transactions are conducted because this way, it's safer, faster and much more trustworthy.

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What is a dishonoured cheque

torisob [31]

Answer:

that means what

Explanation:

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3 years ago

You are trying to decide between a par value corporate bond carrying a coupon rate of 6.25% per year and a par value municipal b

FinnZ [79.3K]

Answer:

Municipal bond because the equivalent taxable yield is 6.6%

Explanation:

we should make the important difference that municipal bonds are tax free while corporate bonds don't.

Therefore we should solve for the after tax rate fo the corporate bond:

$pretax (1-t) = after tax -rate\\0.0625(1-0.28) = 0.0625(0.72) = 0.045$

The corporate bond as a yield of 4.5% after taxes which is lower than the municipal bond. This make it more attractive

We can also solve for the pre-tax rate of the municipal bond:

$pretax(1-t) = after tax - rate\\pretax (1-0.28) = 0.0475\\pretax = 0.0475/0.72 = 0,065972 = 0.066$

the municipal bonds would be equivalent to a 6.6% corporate bonds.

This makes option D correct.

6 0

3 years ago

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stira [4]

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7 0

3 years ago

Harrison Corporation is studying a project that would have an eight-year life and would require a $300,000 investment in equipme

zheka24 [161]

Answer:

The payback period for this project is closest to 2 years

Explanation:

Initial investment = $300,000

Sales = $500,000

Cash variable expenses = ($200,000)

Contribution margin = 300,000

Fixed cash expenses = $150,000

Depreciation expenses = $37,500

Total Fixed expenses: $150,000 + $37,500 = ($ 187,500 )

Net operating income = $112,500

Annual cash inflows = Net operating income + Depreciation

= $112,500 + $37,500

= $150,000

Payback period = Initial investment ÷ Annual cash inflows

= $300,000 ÷ $150,000 = 2 years

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3 years ago

Did the realist theory develope in reaction to idealism

yaroslaw [1]

The answer is TRUE

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3 years ago