When the federal tax rate on interest income is 20 percent, an investor will purchase _____ in order to maximize returns.
A. a local government bond with an interest rate of 7 percent
B. a corporate bond with an interest rate of 8 percent
C. a corporate bond with an interest rate of 8.5 percent
D. a local government bond with an interest rate of 6.5 percent
Answer: A
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Answer the following statements true (T) or false (F)
1. The age of the audience is rarely a factor to consider. 2. Each member of your audience is a unique individual not simply a composite of a set of demographic factors. 3. Before class starts or right after it finishes are good times to make small talk with your peers in an effort to discover what they think about certain topics.
________ behavior occurs when a person feels or anticipates some sort of threat.
A) Stereotyping B) Offensive C) Threatening D) Defensive
Indicate whether each of the following statements is true or false.________ a) An eight-month, 6% note for $10,000 will require the issuer to pay $600 in interest.________ b) Interest expense is considered an operating expense on the income statement.________ c) Payment of interest is considered an operating activity on the statement of cash flows.________ d) Payment of interest on a one-year note due on March 1 will include a reduction in liabilities.________ e) The adjusting entry to recognize interest expense is an asset use transaction.
What will be an ideal response?
Rogue Spices Inc. has a Canadian receivables contract for $200,000 due in 270 days
The firm has been approached by a factoring firm that offers to purchase the receivables at a 12% per annum discount plus a 1% charge for a nonrecourse clause. What is the annualized percentage all-in-cost of this factoring alternative? A) 14.82% B) 13.00% C) 12.00% D) 9.09%