Answer:
Character
Explanation: If you have borrowed money, you have most likely heard your lender discuss the Five C’s of Credit. Recently, many lenders have indicated that character of the borrower is the most important of the Five C’s, particularly in tough economic times. -https://www.farmprogress.com/most-important-c-credit
Answer:
Total taxable amount will be equal to $7000
So option (d) will be correct answer
Explanation:
According to IRS benefit which is received under the disability which shall be fully taxable only if
Employee pays premium on such policy entirely with pre tax dollars
Here in the given question premium amount paid by employee herself and with the assumption of paying such premium with pre tax dollars hence it is treated as taxable fully i.e 6500$
So 500$ sick pay under welfare fund is treated as earned income so fully taxable.
Therefore total taxable amount will be equal to $6500 + $500 = $7000
So option (d) will be correct answer
When using credit, you are giving up spending in the future to spend money now. This trade off involves costs (interest). So borrowing money from your future to buy now, will cost you more in the long run that paying cash.
Answer:
Market rate of return = 12.45%
Explanation:
Below is the calculation of market rate of return.
D = Just pad dividend x (1 + growth rate)
D = 2 x (1 + 0.038)
D = 2.076
Now use the below formula to find the market rate of return.
Market rate of return = (D/current selling price) + Growth rate
Market rate of return = (2.076 / 24) + 0.038
Market rate of return = 12.45%