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Olenka [21]
2 years ago
12

If the before-tax rate of return on a corporate bond is 7%, an individual in the 25% marginal tax bracket would earn a _____ rat

e of return on the bond.
Business
1 answer:
Serhud [2]2 years ago
7 0
The answer is: 5.25%
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Mercury Corporation issued 7,000 shares of no-par common stock for $15 per share. Mercury also issued 2,800 shares of $70 par, 6
inessss [21]

Answer:

Issue of  7,000 shares of no-par common stock for $15 per share

Financing Activity (FA).

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

Financing Activity (FA)

Explanation:

Issue of  7,000 shares of no-par common stock for $15 per share

This represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

Issue of 2,800 shares of $70 par, 6 percent noncumulative preferred stock at $80 per share

This transaction also represents capital funding and is included in the Cash Flow Statement as Cash Flow from Financing Activity.

7 0
3 years ago
Read 2 more answers
Mary Sunny began business as Sunny Law Firm on November 1. Record the following November transactions by making entries directly
Alenkinab [10]

Answer:

a.  

Dr. Cash   15000

Dr. Law Library (Asset) 6000

Cr. Mary (Capital Account) 21000

b.

Dr. Office equipment 7500

Cr. Account Payable  7500

c.

Dr. Cash   1500

Cr. Income / Revenue 1500

d.

Dr. Account Payable  3500

Cr. Cash   3500

e.

Dr. Account Receivable 4000

Cr. Income / Revenue 4000

f.

Dr. Marry (Capital Account) 2000

Cr. Cash   2000

g.

Dr. Cash   2500

Cr. Account Receivable (e) 2500

h.

Dr. Salary Expense  2500

Cr. Cash   2500

Explanation:

*Trial Balance and T accounts are made in an MS Excel file which is attached please find.

Download xlsx
3 0
3 years ago
Lily operates a gift shop and has a lot of inventory to manage. She counts inventory once every 4 weeks. Preparing and placing o
soldi70 [24.7K]

Answer:

12 weeks

Explanation:

The computation of the needs period is shown below":

= Number of weeks inventory counts once + number of order cycles takes + number of the week taken for arrive

= 4 weeks + 2 weeks + 6 weeks

= 12 weeks

We simply added the total number of weeks that is mentioned in the question so that the needs period could be computed

4 0
3 years ago
The wet dog surf company borrows $32,000 for 4 months and will pay $1,120.00 interest . calculate wet dog's annual percentage in
Hunter-Best [27]
The formula is
I=prt
I interest paid 1120
p principle 32000
T time 4/12
R annual percentage interest rate?
Solve for r
R=I÷pt
R=1,120÷(32,000×(4÷12))
R=0.105×100
R=10.5%
6 0
3 years ago
Read 2 more answers
For the past 25 years, sam's family ran movie theatres in a mid-sized metropolitan area. four theatres were located in three dif
Scilla [17]
After reading the segment, "let's go to the movies," in the spotlight on small business box, you would suggest to Sam that he differentiate the offering by transforming at least one of the screens into a space where patrons can experience dinner and a movie.



3 0
3 years ago
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