Answer:
Right
Explanation:
Right if you expect tax rates to go up or because right now you are starting your career and your tax bracket would be lower now than what it will be later on. When you are older and in retirement, you would want to save your money and not have to worry about any taxes.
Answer:
8.75%
Explanation:
The annual interest rate will be computed as follows:
Loan amount = Proportion of loan X Price of house
Loan amount = 80% X $39,379 = $31,503.2
Annual interest = $229.69 X 12 = $2,756.28
Annual interest rate = ($2,756.28/ $31,503.2) X 100%
= 8.75%
Answer:
correct option is A. $145
Explanation:
given data
investment cost = $2900
interest rate = 5% per year
solution
formula for present value of perpetuity is
investment cost = fixed cash saving per year ÷ interest rate ..................1
put her value we get fixed cash saving per year that is
saving per year cost = $2900 × 5%
saving per year cost = $2900 × 0.05
saving per year cost = $145
so correct option is A. $145
Answer:
49 days
Explanation:
Account receivable turnover ratio = Net credit sales / Accounts receivable
Account receivable turnover ratio = $602,000 / $79,922
Account receivable turnover ratio = 7.53
Average collection period = 365/7.53
Average collection period = 48.47277556440903
Average collection period = 49
Thus, firm’s sales uncollected for year is 49 days.
Answer:
D. InFocus conducts focus groups to determine its target market.
Explanation:
Just took the test!
