Answer:
As the first payment occurs on option 7 n interest rate higher enough can make the 50 dollars received first make the difference.
The switch produced at a rate of :
300%
Interest rate below this mark favor option 6
while higher than this favor option 7
Explanation:
Option 6
perpetuity of 100 discounted 1.5 year
perpetuity of 50 every 3 years discounted 3 years
as the payment are every three years we calcualte an equivalent rate:
Option 7
perpetuity of 50 discounted 1 year
perpetuity of 100 every 2 years discounted 2.5 years
equivalent biannual rate
having the formulas
we can do it on excel solver to look at which rate the switch produces
Answer:
The answer can include both C and D. Description below.
Explanation:
We make the following records.
The treasury stock was reissued at a premium of 5184 - 4556 = $628
Since treasury stock is credit account by nature we debit to reduce it by the Amount of $4,566
$628 is to be credited to the paid in capital as this is premium received in excess of par value of the stock. Since there is no mention of premium or paid in capital account we may credit the Excess of Par/Common.
Hope that helps.
The answer is: A savings account keeps her savings separate from her spending money
This would help Jacinta in her money management. By restricting her spending to the amount only in the checking account, It would be easier for Jacinta to monitor how much money he could spend during the month without compromising the saving that she need to made for her retirement age.
Answer:
So you can be prepared to handle future responsibilities about finances.
Explanation:
One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)
Answer:
2. double taxation of distributed profits
Explanation:
Corporation is a business entity that is formed by the issuance, sale and purchase of shares or stock. It is owned by people known as shareholders and their liability is limited to the shares or stock held.
Considering all the options given, the only disadvantage in a corporation is double taxation of distributed profits. as the company incurs company income tax (CIT) and the dividend paid to shareholders attracts other forms of tax such as withholding tax.
