D because a discount is an upfront guaranteed incentive
When one group controls an industry or market by being the only provider, this is called MONOPOLY.
Mono - Greek monos means one or single
Poly - Greek polein means to sell.
Monopoly is a market where only one sells a certain good or service. In this type of market there is no competition thus the monopolist is not driven to improve his commodity because consumers have no other choice but to buy his product.
Answer:
Under classified balance sheet, common stock and retained earnings are reported separately
Explanation:
Under equity section of balance sheet, common stock and retained earnings are line items i.e they are reported under equity section of balance sheet separately.
The total of these two should also be separated i.e the total is a line item also. And this forms the total equity provided there are no other line items for the for the period again.
Answer:
D.
Explanation:
Firstly, we need to keep in mind when it comes to cost of capital (debt or equity) is that it have to be incremental cost. Use bond yield to maturity rather than other yield to estimate cost of debt.
Let go through each of answer option one by one:
a. is based on the current yield to maturity of the company's outstanding bonds. => include both old bonds and recently-issue bonds => not incremental cost => False
b. is equal to the coupon rate on the latest bonds issued by the company. => Coupon rate is not relevant => Fasle
c. is equivalent to the average current yield on all of a company's outstanding bonds. => Current yield is not relevant => Fasle
d. is based on the original yield to maturity on the latest bonds issued by a company. => Meet all requirement => True
Answer:
=$434
Explanation:
FUTA and SUTA tax rate are applied to the first $7,000 of an employee's pay. Here the employee earned $8,900 but we will only tax the $7,000 due to the pre-condition of taxing the initial $7,000 amount.
FUTA tax rate = 0.8%
SUTA tax rate = 5.4%
Taxable pay = $7,000
Payable Tax = 7000(0.8%) + 7000(5.4%)
= 56 + 378
=$434
The amount of total unemployment taxes the employer must pay on this employee's wages is $434.
