Answer:
1. False,
2. False,
3. False,
4. True
Explanation:
1. Managerial accounting reports focuses on entire net profit and not specifically the manufacturing and non manufacturing cost, and are not specifically used in the budget process.
2. No financial accounting reports all the finance related issues in details but is not divided into sub units.
3. No managerial reports are not audited, they are for internal controls and are to follow GAAP but not mandatory requirement for audit.
4. Managers are responsible for the management of business, for this the main three steps are: Planning Directing and controlling.
Answer: $1,458.90
Explanation:
As they are filing together, the first step would be to find out the taxable income after accounting for Ruth's loss.
Total taxable income = Otto's earnings - Ruth's loss
= 435,200 - 23,100
= $412,100
There is an additional 0.9% Medicare tax on the amount that people file that is above $250,000 when they file jointly and are married..
The additional Medicare will be:
= (412,100 - 250,000) * 0.9%
= $1,458.90
Answer:
CNN) – El secretario del Tesoro de EE.UU., Steven Mnuchin, prometió que para este viernes los propietarios de pequeñas empresas podrán solicitar un nuevo préstamo perdonable para ayudar a mantener sus negocios a flote durante la crisis del coronavirus.
Se han asignado casi US$ 350.000 millones para ese propósito en el nuevo paquete de ayuda económica firmado la semana pasada.
A menos que se publique más orientación técnica pronto, podría ser difícil para muchos prestamistas comenzar el viernes, según Chris Hurn, director ejecutivo de Fountainhead, un prestamista directo no bancario de la Administración de Pequeñas Empresas. De lo contrario, cree que los prestamistas deberían estar listos para la próxima semana.
Muchos ya hicieron todo lo posible para prepararse para un aumento esperado de la demanda. Hurn estima que solo su compañía probablemente procesará solicitudes de préstamos por más de US$ 1.000 millones de inmediato.
Esto es lo que los propietarios de pequeñas empresas deben saber.
LEE: La Casa Blanca y el Senado alcanzan un histórico acuerdo de estímulo de US$ 2 billones para la crisis del coronavirus
¿Quién es elegible para aplicar?
Explanation:
Answer:
The correct option is option B which is the effective yield of the corporate bond is higher.
Explanation:
The complete question is not given so it is found online and is attached herewith.
In order to compare the tax free municipal yield to the taxable corporate yield, the two must be equalized.
So the equalization of the yield is given by
Here the Tax Free Yield is 11%
The Tax bracket is 28%
So the equivalent yield of the municipal bond is given as
Now the options are as below
A. The effective yield on the municipal bond is higher
B. The effective yield on the corporate bond is higher
C. Both effective yields are equivalent
D. The coupon rates for each bond are necessary to determine the effective yield
As the effective yield of municipal bond is 15.27% while that of the corporate bond is 16% so the correct option is option B which is the effective yield of the corporate bond is higher.
