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Mariulka [41]
3 years ago
5

On July 1, 2017, Markie purchased a ten-year $10,000 bond. The bond has a stated interest rate of 4%, payable annually on July 1

. On June 2, 2018, 336 days from the last interest payment, Markie sold the bond. The selling price includes how much accrued interest?(A) $32(B) $368(C) $400(D) $768
Business
1 answer:
sergejj [24]3 years ago
7 0

Answer:

Interest will be $368

So option (B) will be correct answer

Explanation:

We have given Markle purchased a ten year $10000 bond

So price of bond = $10000

Rate of interest = 4 %

Time = 336 days

We know that 1 year = 365 days

So 336days=\frac{336}{365}=0.9205year

So interest will be equal to interest=\frac{price\times rate\ of\ interest\times time}{100}=\frac{10000\times 4\times 0.9205}{100}=$368

So option (B) will be correct answer

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3 years ago
In 2019, Willow Corporation had three employees. Two of the employees worked full-time and earned salaries of $25,000 each. The
Lady_Fox [76]

Answer:

FUTA tax due from the corporation is $108

 

Explanation:

The First and Second employee earned 7000 each

The Third employee earn earns 4000

Paid under State Unemployment Tax by the employer is = (7000+7000+4000) x 5.40% =$972

How much FUTA tax is due from Willow Corporation for 2019?

Credit of tax paid in State Unemployment Tax is availabe for FUTA tax of 6%, thus FUTA due will be:

=(6% of 18000) - $972

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=$108

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3 years ago
While similar in some respects, the key difference between panel data and pooled cross-sectional data is that panel data consist
elixir [45]

Answer:Yes

Explanation:

Pooled data occur when there is a time series of different cross sections with each observations not necessarily from the same unit while Panel data is sample from the same units. The main difference between them is the "units". The units can be countries, households, schools or other things we are collating data on.

In pooled cross section, random samples from different time periods and from different units are taken e.g. we can take data on number of females and males in schools A, B and C in 2020 and schools X, Y and Z in 2023.

In pure panel data, we are using the same units e.g we can take data on genders in schools A, B and C in 2020 and collect data from the same schools in 2023. Therefore the main difference is just the units we observe.

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3 years ago
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omeli [17]

Answer:

Explanation:8s9s88s

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3 years ago
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Answer:

-35 percent will reduce tax revenues.

-48 percent will reduce tax revenues.

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2 years ago
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