Answer:
Implicit tax rate = 0.1778 or 17.78 %
Explanation:
given data
municipal bond = 1.48% = 0.0148
corporate bonds = 1.80% = 0.0180
solution
we get here Implicit tax rate that is express as
Implicit tax rate = ( corporate bonds - municipal bond ) ÷ corporate bonds ........................1
put here vale and we will get
Implicit tax rate =
solve it we get
Implicit tax rate = 0.1778 or 17.78 %
A recently passed Minnesota statute mandates that the vendee (buyer) record the contract for deed within 4 months of the agreement's execution in order to avoid penalties.
<h3>How long does it take to record a contract for deed?</h3>
One minor modification concerns the need under Minnesota Statute Section 507.235 that the contract buyer, sometimes known as the "vendee," must record the contract for deed within four (4) months after its signing or suffer a fine equal to 2% of the contract price.
<h3>What has the contract for deed law in Minnesota changed?</h3>
The laws governing contract for deeds in Minnesota have lately undergone some revisions. One minor modification concerns the need under Minnesota Statute Section 507.235 that the contract buyer, sometimes known as the "vendee," must record the contract for deed within four (4) months after its signing or suffer a fine equal to 2% of the contract price.
<h3>What takes place if the Vendee fails to record the contract for deed?</h3>
Whoever receives an assignment of a vendee's interest in a contract for deed who neglects to record the assignment in accordance with subdivision 1 is subject to a civil fine, payable under subdivision 5, equal to 2% of the contract debt's original principal amount.
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Answer: $22637.98
Explanation:
Based on the information given in the question, the equivalent annual cost of the tool will be calculated as:
We first calculate the present value which will be:
= 10000 + 20000/(1+.10) + 20000/(1+.10)^2 + 20000/(1+.10)^3 + 20000/(1+.10)^4 + 20000/(1+.10)^5
= $85815.74
The the equivalent annual cost will be:
= Present Value/PVIFA(10%,5)
= 85815.74/3.7908
= $22637.98
Answer:
market forces are much stronger than individual firms are
Explanation:
In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.
Answer:
25
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Variable cost is cost that varies with output. Variable cost here is the cost of course materials per students
Fixed cost is cost that does not vary with output. Fixed cost here is the costs of reserving the room, hiring the instructor etc
$3000 / ($150 - $30) = 25