Answer:
The double-exempt bond is the preferred investment because it has a higher after-tax return Tax benefit .
Explanation:
Calculatation of the after-tax return on both bonds
1)The double-exempt bond does not pay state or federal income taxes.
After-tax return =
Before-tax return = 4.9%
2)The tax-exempt bond is the state income taxes, but not federal in which the states can decide whether to tax their bonds or not.
Interest Income (100,000 * 5%) 5,000
Less: State taxes at 10% (5,000* 10%) (500)
Tax benefit from deduction of state taxes on federal return (500 * 35%) 175
After-tax Income 4,675
After-tax return = 4,675/100,000 = 4.675%
Therefore the double-exempt bond is the preferred investment because it has a higher after-tax return Tax benefit .
Hence the state income tax will be deductible on Juan’s federal tax return and Juan’s federal taxable income will be lower or lesser by $500 which will produces tax savings at his federal marginal tax rate of $500 * 35% = $175.
The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.
<h3>What is Written Communication?</h3>
A 'Written Communication' refers to the process of sending messages, orders, or commands in writing thru letters, circulars, manuals, reports, telegrams, workplace memos, bulletins, and many more.
It is a proper approach to conversation and is much less flexible in nature.
Therefore, The type of communication that Danielle is carrying out is written communication. She is editing the written message to be sent to her manager.
learn more about written communication here:
brainly.com/question/7562621
#SPJ1
Answer:
5 hours would work! Hope it helps!
Explanation:
100 off top!
40 in labor for each hour
40 times 5 is 200
so that would cost 300
for xyz
65 off top and 50 in labor for each hour
5 times 50 is 250
250 plus 65 is 315 !
