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elena55 [62]
2 years ago
15

The rate of interest on money held in a savings account, _______ the amount of money saved.

Business
1 answer:
KIM [24]2 years ago
4 0
A. Decreases


Hope it helps!
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According to our Lecture, which of the following strategic concepts allow firms to achieve their missions?A) productivity, effic
Lynna [10]

Answer:

Answer is B. Differentiation,cost leadership and response.

Explanation:

The accepted course of action, which was as a result of the estimate of the strategic situation.

6 0
3 years ago
This section of the VITA/TCE certification Foreign Student test covers determining residency status, the use of Form 8843, and f
Goshia [24]

Answer:

1. Hans entered the U.S. on December 15, 2012 in F-1 immigration never been to the United States before and he did not change immigration status during 2017. For federal income tax purposes, Hans is a non-resident for 2017.

B. False

F-1 immigration visas are given to students. They are required to pay taxes on any income that they earn, but they are not required to pay FICA taxes.

2. Abshir is a visiting professor at the local university. Abshir was a graduate student from August 2011 to July 2013 in F-1 immigration status. He re-entered the United States on December 20, 2017 in J-1 immigration status. For federal income tax purposes, Abshir is a resident alien for 2017.

A. True

Since Abshir holds a J-1 immigration visas and returned to the US to live, the IRS considers him a resident alien.

3. Juan served as a visiting scholar in F-1 immigration status from December 2011 through June 2014. In January of 2016, Juan returned to the United States as a graduate student. For federal income tax purposes, Juan is a resident alien for 2017.

A. True

Juan is responsible for paying both income and FICA taxes.

4. Emil came to the United States in F-2 immigration status with his wife on August 20, 2016. He has not changed his immigration status. For federal income tax purposes, Emil is a resident alien for 2017.

B. False

Emil is not a resident alien and must file form 8843.

5. Tamera lived with her parents in F-2 immigration status in the United States from August 2007 to June 2011. She returned to the U.S. to attend college in F-1 immigration status on May 1, 2016. Tamera does not need to file Form 8843 for 2017.

A. True

Tamera will be considered a resident alien for tax purposes, so she doesn't file form 8843.

7 0
2 years ago
Gruber Corp. pays a constant $8.45 dividend on its stock. The company will maintain this dividend for the next 15 years and will
nata0808 [166]

Answer:

The price of the stock today is $54.61

Explanation:

The stock of this company pays a constant dividend for a defined period of time after equal intervals. Thus, it is just like an annuity. To calculate the price of such a stock, we will use the present value of annuity formula:

Assuming that the dividend is paid at the end of the period.

Present Value of Annuity = Dividend * [(1 - (1+r)^-n) / r]

Where,

  • r is the required rate of return
  • n is the number of years of annuity

The price of the stock today is,

P0 = 8.45 * [(1 - (1+0.13)^-15) / 0.13]

P0 = $54.607 rounded off to $54.61

5 0
3 years ago
​Tom's Taxidermy has a monthly target operating income of $29,000. Variable expenses are 65​% of sales and monthly fixed expense
HACTEHA [7]

Answer:

Leverage factor will be 1.344

Explanation:

We have given operating income = $29000

And variable expenses is 65 5 of the sales

And fixed expenses = $10000

So contribution margin = $29000+$10000 = $39000

We have to find the leverage factor

Leverage factor is given by

Leverage factor =\frac{contribution\ margin}{operating\ income }=\frac{39000}{29000}=1.344

So leverage factor will be 1.344

5 0
3 years ago
Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. During the same time period, consu
icang [17]

Answer: Elasticity of demand is 7.06

Explanation:

P1= $2,750

P2=$2,880

Q1=446,000

Q2=321,000

Elasticity = \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } * \frac{\frac{P1 + P2}{2} }{P2 - P1}

Elasticity = \frac{321,000 - 446,000}{\frac{446,000 + 321,000}{2} } * \frac{\frac{2750 + 2880}{2} }{2880 - 2750}

Elasticity = \frac{-125,000}{383,500} * \frac{2815}{130}

Elasticity = - 0.3259*21.6598

Elasticity = -0.76

Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.



8 0
3 years ago
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