Answer:
D. Both a and b
Explanation:
There exist an inverse relationship between the amount of goods supplied and the prices of those commodities assuming demand remains constant. When the market of a certain product experiences an increase in supply the Equilibrium price would fall since there's more supply than demand. Also the, equilibrium quantities of those goods supplied would also increase because again supply is greater than demand.
Here are the answers that would best complete the given statement above. A firm's market offering might include a range of options from PURE TANGIBLE PRODUCTS such as gasoline or toasters at one end to PURE SERVICES <span>such as a haircut or a trip to the dentist. Hope this helps.</span>
Answer:
d. They are tax free to terminal ill insured
Explanation:
Dividends in participating policies are not taxed, whether you are chronically ill or not. The IRS considers dividends distributed by participating policies as unused premiums, they are not considered income. Only if any interests are earned, then only the interests will be taxed.
Answer:
Increase in tax rate will reduce income form bond but will not affect the benefits derivable from the purchase of the new luxury auto.
Explanation:
First, a look at the after tax rates for when tax is 35% and when it is increased to 50%.
Step 1: Compute the after tax rate when tax is 35%
=Interest rate x (1-tax rate)
= 0.08 x (1- 0.35)
-5.2%
Step 2: Compute the after tax rate when tax is increased to 50%
= Interest rate x (1- tax rate)
= 0.08 x (1-0.5)
=4%
The first outcome is that an increase in tax rate leads to a decrease in income. Meaning an increased tax rate reduces the income from the bonds.
However, an increase in tax rate although it will affect the income will have no effect on the new luxury condo, that Ms V wants to buy. This is because, the benefits Ms V will get from the auto cannot be taxed as compared with the interest on the bond.
Hence, it becomes easier for Ms V to buy the luxury auto than invest in bonds if the tax rate should increase
Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are useful analytical measures.
Analytical measures are useful in assessing solvency and profitability of a business. Type of analytical measures used depends on; the size of the firm or business, the capital structure f the business, the type of business activity undertaken. They are useful for evaluating the financial results of a business and the performance of management. <span />
