The return on investment of the avocado company is 24.0%, which means for every dollar invested, the company is generating 24 cents in profit.
The return on investment (ROI) of the Avocado company can be calculated by dividing the operating income by the average invested assets.
ROI = Operating Income / Average Invested Assets
Using the values provided in the question, we can plug in the numbers:
ROI = $143,760 / $599,000
Calculating this gives us:
ROI = 0.240
So the return on investment of the avocado company is 24.0%, which means for every dollar invested, the company is generating 24 cents in profit.
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The CDC for hospitals and healthcare facilities to improve
The CDC makes investments in infrastructure and healthcare systems to make them secure settings for patient care.
What are the Centers for Disease Control and Prevention?The Centers for Disease Control and Prevention (CDC) is a government organization that carries out and supports health promotion, prevention, and preparedness operations in the United States. The Department of Health and Human Services oversees the CDC, which was founded in 1946.
Access resources and advice to help healthcare facilities plan, function efficiently, and handle surges.
Thus, CDC helps in improving the plans and functions efficiently to handle surges.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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economics questions and answers
a copy company wants to expand production. it currently has 20 workers who share eight copiers. two months ago, the firm added two copiers, and output increased by 40,000 pages per day. one month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. a copier costs about three times as much as a worker. assume these
Question: A Copy Company Wants To Expand Production. It Currently Has 20 Workers Who Share Eight Copiers. Two Months Ago, The Firm Added Two Copiers, And Output Increased By 40,000 Pages Per Day. One Month Ago, The Firm Added Five Workers, And Productivity Also Increased By 25,000 Pages Per Day. A Copier Costs About Three Times As Much As A Worker. Assume These
Hire another worker or purchase a new printer?
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A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 40,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker and productivity per copier are good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. Based on this information, the copy company should hire another worker in order to expand output.
Based on the information provided, the copy company should hire another worker to expand output.
This conclusion is based on the fact that adding two copiers increased output by 40,000 pages per day, while adding five workers increased productivity by 25,000 pages per day.
Since the cost of a copier is about three times the cost of a worker, it would be more cost-effective to hire another worker rather than purchasing a new copier. By doing so, the company can further increase its output and productivity.
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Which of the following will save you money over the life of your loan?
(1 point)
taking a loan with a longer term
O taking a loan with a higher APR
O making a smaller down payment 1
O making larger payments than required
The option that will save you money over the life of your loan is making larger payments than required
The option that will save you money over the life of your loan?Making larger payments than required will save you money over the life of your loan. This is because the extra payments will go directly towards paying off the principal of the loan, reducing the total amount of interest you will have to pay.
On the other hand, taking a loan with a longer term or a higher APR, or making a smaller down payment will increase the total amount of interest you will have to pay, costing you more money over the life of the loan.
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Which situations offer examples of Banking and Related Services workers? Check all that apply.
Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.
Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.
What are Banking and Related Services workers?The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.
An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.
They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.
Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.
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Answer:here the answer for this question
Explanation:edge2023
an advantage of the _____strategy include is that it does not require an up-front investment.
An advantage of the indirect strategy include is that it does not require an up-front investment. Hence, option (a) can be regarded as the suitable choice of answer.
Give a brief account on types of investment.Investment are of various types. Enlisted below are some major forms of investment :
Stocks/Equities are one type of investment : A share of stock is a unit of ownership in a business, public or private. Investors who own stock may be eligible to receive dividend payments made from the company's net earnings.Bonds and Fixed Income Securities : Bonds are investments that frequently require a large initial investment and then pay a regular amount during their lifespan. When the bond matures, the investor gets the money they originally invested back.Mutual and Index Funds : Index funds, mutual funds, and other forms of funds sometimes combine certain investments into one investment vehicle rather than choosing each company to participate in individually.Real Estate : Real estate investments are frequently generally construed as investments in real, utilizable locations. Buildings can be constructed on land, people can work in office buildings, inventory can be kept in warehouses, and families can live in residential homes.Commodities : Raw materials like agriculture, energy, or metals are frequently considered commodities. Investors have two options: they can invest in real, tangible goods (such as owning a bar of gold) or alternative investment products that signify ownership of digital assets (i.e. a gold ETF).Cryptocurrency : A digital asset used for exchange or storage of value is called cryptocurrency. Companies that deal in cryptocurrencies may release coins or tokens that gain value. These tokens can be used to make transactions or pay transaction fees on particular networks.To know more about, investment, visit
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The complete question is mentioned below :
An advantage of the _____strategy include is that it does not require an up-front investment.
a. indirect
b. direct
c. agent
d. public
e. distributor
where does McKenna grace live? Brainliest for the correct answer
Answer:
McKenna grace lives in Texas of America.
Being a former teacher, Marie wanted to start her own business that is related to education. She is fond
of technology and wanted a business that is aligned with making learning enjoyable with the use of
technology. She is firm with following nonnegotiables for her business:
1. She wanted full control of her business so she could decide and run it without consulting
anyone.
2. She likes to explore the range of services which includes an app that will revolutionize the
learning process through online activities and
3. She wanted it to be easy, convenient and cost-efficient.
However, the following are her predicaments:
1. Lack of experience as she is not a graduate of a management or business degree.
2. Lack of capital as she already invested the majority of her savings in the development of the
app by commissioning a third party to do it.
3. Lack of staff to do other tasks like marketing, developing the improvements of the app, etc.
She is now thinking how to start her business given non non-negotiables and her difficulties.
1. Given her non-negotiables and her situation, what form of business should she engage in?
Explain the advantages and disadvantages of choosing the form of business.
2. Develop an organizational structure that will help her business be more structured given the
nature of her busines
Personal liability protection, business security and continuity, and easier access to financing are benefits of forming a corporation. A corporation has drawbacks such as being time-consuming and being vulnerable to double taxation.
What is double taxation?
A tax principle known as "double taxation" refers to paying income taxes twice on the same source of income. When income is subject to both corporate and individual taxes, it may happen.
When the same income is taxed in two different nations for the same investment or transaction, this is known as double taxation. Double taxation is frequently an unforeseen result of tax law.
Tax authorities try to avoid it whenever feasible because it is typically viewed as a negative component of a tax system.
Most tax systems make an effort to establish an integrated system where money earned by a company and paid out as dividends and income earned directly by a person is, using different tax rates and tax credits.
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Answer:
D on edge
Explanation:
I think
Compare the four forms of competition.
Answer:
I
Explanation:
1
What is an example of a musical work?
A musical theater script
The playlist used for a pop radio station
The design of a particular musical instrument
The sheet music of a popular movie soundtrack
Answer:
sheet music of a popular movie soundtrack
Answer:
nhd wdbbdbdbdhduwdhbdubdjkdn9uwdhdbddknd
Explanation:
Will the grading period effect what college you will go to later on?
A (True)
B (False)
Answer: A
Explanation:
Answer:
NO
Explanation:
Saundra is the CEO of Boat Kingdom, a jet ski manufacturing plant. She is very proud of the quality jet skis her company produces. She wants to include a written warranty that promises to repair any jet ski that incurs damage within the first year after it is purchased, as long as the jet ski is returned to the manufacturer by the consumer. Terryl, the CFO of the company, discourages Saundra from providing any written warranty at all. To comply with the Magnuson-Moss Warranty Act, Saundra: o must provide a written warranty, but it only needs to give the consumer the name and address of the person to contact to obtain warranty service. o need not provide a written warranty. o must provide a written warranty that explains the parts that are covered in the warranty. o must provide a written warranty, and it must be written in simple, understandable language.
Saundra, the CEO of Boat Kingdom, wishes to include a written warranty that promises to repair any jet ski that incurs damage within the first year after it is purchased, as long as the jet ski is returned to the manufacturer by the consumer. Terryl, the CFO of the company, discourages Saundra from providing any written warranty at all. The correct options are a and d.
To comply with the Magnuson-Moss Warranty Act, Saundra must provide a written warranty, and it must be written in simple, understandable language. Magnuson-Moss Warranty Act requires all manufacturers and sellers of consumer goods worth more than $15 to provide a written warranty. In addition, the written warranty must be clear and understandable.
As a result, Saundra must provide a written warranty, and it must be written in simple, understandable language. The Act also mandates that the written warranty specify the items that are covered by the warranty, the period of coverage, and the name and address of the warranty issuer or any person who is authorized to receive warranty service.
The Act requires the seller or manufacturer to fix the consumer's product if it is discovered to be defective during the warranty period. It also implies that the manufacturer or seller must fix the issue without charging the customer anything. It is thus appropriate to ensure that Boat Kingdom writes a warranty that covers all of the necessary items that the Act requires in order to ensure that they do not encounter any legal difficulties.
Therefore, the correct options are a and d.
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How can a person become a dentist
Explanation:
It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).
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What are the issues and challenges with Circuit City 2018 latest
e-commerce initiative?
As of my knowledge cutoff in September 2021, Circuit City, a once-prominent electronics retailer, experienced financial difficulties and declared bankruptcy in 2008.
There have been no recent developments or initiatives in 2018 or afterward regarding Circuit City's e-commerce initiatives. It's worth noting that my information may not be up to date, and I recommend referring to recent news sources or the official Circuit City website for the latest updates on their e-commerce initiatives and any associated issues or challenges. E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the internet. It has revolutionized the way businesses operate and how consumers shop. E-commerce offers numerous benefits, including convenience, a wide selection of products, competitive pricing, and the ability to reach a global customer base.
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show the vegetable market of nepal in pyramid
Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.
What is market?A market is a collection of systems, institutions, procedures, social relations, or infrastructures through which parties exchange goods and services. While parties can barter for goods and services, most markets rely on sellers offering their goods or services to buyers in exchange for money. The exchange of goods and services that occurs as a result of buyers and sellers coming into contact with one another, either directly or through mediating agents or institutions, is referred to as a market.A market is defined as the total number of buyers and sellers in the area or region under consideration. The area could be the entire planet, a country, a region, a state, or a city.To learn more about market, refer to:
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Without doing any calculations, determine the missing number that will make the value of Expression B half the value of Expression A.
A (8 + 54 + 91) × 12
B (8 + 54 + 91) × _____
Answer:
B (8 + 54 + 91) × _____ If im wrong apologies
Explanation:
What interests should an entrepreneur have?
An entrepreneur is someone who starts or runs their own company. An entrepreneur who owns equity in the company gain far more profit if things go well, but they assume significantly more risk than a standard employee.
Entrepreneurial risk can manifest itself in a variety of ways, such as financial risk, career risk, emotional risk, or general business risk.
An entrepreneur typically needs a highly specific set of abilities to succeed because there is so much on the line when it comes to launching and expanding a successful firm. Five of these qualities are highlighted below.
Every economy needs entrepreneurs because they have the ability and initiative to foresee demands and market viable new ideas. Profits, notoriety, and prospects for ongoing expansion are given to entrepreneurialism that succeeds in assuming the risks involved in founding a startup. Failure in entrepreneurship costs the participants money and reduces their visibility in the market.
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2. What does the word cost mean in the context, "understanding their costs and
income, budgeting to ensure all their expenses are covered is a financially
tsresponsible behavior"?
Answer:
Explanation: A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis.
The amount of money that a business had to spend on the production of its goods or services is known as the cost.
How does financial planning use budgeting?
The method of planning a company's earnings and expenses over a specific time period is known as financial budgeting. The management's financial plans are outlined in budgets.
The cost of a business's products or services is the sum of money that was required to produce them. Among other things, this entails allocating financial means and figuring out how much cash is available to spend.
Therefore, A financial budget is one that is concerned with the balance sheet of the business, which also includes the cash budget.
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Based on this table, if someone had a taxable income of $11,757, how much would they owe in taxes?
The amount that the taxpayer is owing in taxes is $2,691.05.
What does income tax payable mean?Income tax payable refers to a business organization's tax liability to the government in the jurisdiction in which it operates. The amount of liability will be determined by the company's profitability over a given time period and the applicable tax rates. Tax payable is considered a current liability rather than a long-term liability because it must be settled within the next 12 months.
Based on the table, we are using the tax rate of 15% for the taxable income of $11,757.
The tax payable will equals to:
= 15%*$11,757 + $927.50
= $1,763.55 + $927.50
= $2,691.05
Note: We are using the attached table to solve the tax payable.
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Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of watermelon and zucchini each farmer
can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing watermelon or zucchini or to produce watermelon
on some of the land and zucchini on the rest.
Aneesha can also produce a total of 72,000 lbs of watermelon and 14,400 lbs of zucchini.
What is the total produce?Generally, Watermelon (lbs/acre) | Zucchini (lbs/acre)
------------------------|--------------------
4,500 | 800
If Elijah and Aneesha both choose to grow both watermelon and zucchini, Elijah can produce a total of 72,000 lbs of watermelon (4,500 x 18 acres) and 14,400 lbs of zucchini (800 x 18 acres).
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You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid
Answer:
Following are the solution to the given point:
Explanation:
Calculating the value of the effective interest rate:
Formula:
\(\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}\)
\(=\frac{12}{2} \\\\ =6\%\)
Calculating the value of Effective annual rate of interest:
\(=(1+ \text{The effective rate})^{\text{(compound number )}} -1\)
\(=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%\)
Calculating the Amount in each semiannual payment:
\(= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85\)
Calculating the value of the total interest paid:
\(= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40\)
Wright Aircraft, Inc. Wright Aircraft is the global leading builder of long-haul jet aircraft for civilian aviation. Management expects the company to maintain its leadership for the foreseeable future. Wright is considering two projects to develop an improved engine control system to to improve fuel utilization (an important factor in airlines' aircraft purchase decisions). Cash flows due only to sales of the new system are included in Chapter 2. (Assume the projections reasonably reflect the facts of the case.) Project Lindbergh utilizes a revolutionary technology to increase fuel utilization 15%. Project Lindbergh's system can be used on all airline aircraft, whether purchased from Wright or its competitors, and on Wright's next product generation. Project Post utilizes an existing technology that promises to increase fuel utilization 5%. Project Post's system can be used on Wright aircraft only. What discount rate should you use for each project?
Project Lindbergh -(000s of $s) Chapter 1: R&D Phase Chapter 2: Launch and Commercialization Year ($7.500) ($6,000) ($3,500) ($1,500) $60,000 $125,000 $175,000 $235,000 Probability of Techical Success 35% 55% Stage Gate 1 - End of Year 2 - Satge Gate 2 - End of Year 4 Project Post (000s of $s) Year Chapter 1 Cash Flows Chapter 2: Launch and Commercialization 234 5678 ($5,500) ($3,000) ($1,500) $10,000 $20,000 $25,000 $35,000 $45,000 60% Probability of R&D Success (1 stage gate - end of Year 2)
A 25% discount rate for Project Lindbergh and 15% discount rate for Project Post are used.
How to depict the information?The question pertains to capital budgeting and the formula used to calculate Present Value (PV) of future Cash flows is (CFt / (1+r)^t) and NPV is the sum of PV of all future cash flows from t=1 to t=8.
Also,, the probability of success is given for both projects. In the first project, it is 0.35 multiplied by 0.55 and in the second Project, it is 60%.
The NPV should be multiplied by the probability of success in order to get the expected NPV from both projects. The expected NPV of Project 2 is higher than Project 1.
Therefore, the management should go ahead with Project 2.
The missing part of the question:
Project Lindbergh utilizes a revolutionary technology to increase fuel utilization 15%. Project Lindbergh's system can be used on all airline aircraft, whether purchased from Wright or its competitors, and on Wright's next product generation. Project Post utilizes an existing technology that promises to increase fuel utilization 5%. Project Post's system can be used on Wright aircraft only. please assume a 25% discount rate for Project Lindbergh and 15% discount rate for Project Post.
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which of the following mutual funds is more likely to meet mary’s investment objective? a growth fund an equity-income fund
To determine which mutual fund is more likely to meet Mary's investment objective, we need more information about her specific investment goals, risk tolerance, time horizon, and other factors.
A growth fund primarily invests in stocks of companies with strong growth potential. These companies often reinvest their earnings into expansion and innovation, aiming for capital appreciation. Growth funds typically focus on companies in sectors such as technology, healthcare, and consumer discretionary, which are expected to experience above-average growth rates. These funds may have higher volatility but can offer higher returns over the long term. An equity-income fund focuses on investing in dividend-paying stocks. These funds seek to generate income for investors through regular dividend payments while also aiming for capital appreciation.
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Which of these is true about the national unemployment rale!
A. All citizens are included in the labor force.
B. All people 18 years or older are counted as part of the labor force.
C. It is always at 6%.
D. It is never at zero.
Answer:
D. It is never at zero.
Explanation:
The unemployment rate is described as the percentage of the labor force that is jobless but actively seeking work. The labor force comprises an adult population that is currently working or seeking employment.
The unemployment rate is never at zero. At every moment, there is frictional unemployment as people switch jobs or new college graduates seeking their first job. There is also unemployment due to economic seasons. Even when the economy is considered to be at full employment, the unemployment level is not at zero but at around 3 to 5 percent.
You have become a trusted resource for your organization, and they have asked for your advice on gaining a competitive advantage in the field. More specifically, they would like your analysis and recommendations on ways to bring their company culture, demographics, and technologies up to current industry practices and beyond. Review the demographic and technological information about your company. If the information is not public, base your decisions on a similar company and research. This information will assist you as you complete your Organizational Presentation in Step 2 of this assessment.
Improving company culture, demographics, and technologies can contribute to gaining a competitive advantage.
To enhance company culture, it is essential to foster an environment that values employee engagement, collaboration, and innovation.
This can be achieved through initiatives such as promoting open communication channels, encouraging continuous learning and professional development, recognizing and rewarding employee achievements, and creating a diverse and inclusive workplace culture.
In terms of demographics, it is important to have a workforce that reflects the diversity of the customer base and target market. This can be achieved through targeted recruitment and hiring practices, implementing diversity and inclusion programs, and providing equal opportunities for career growth and advancement.
Regarding technology, staying up to date with current industry practices and adopting cutting-edge technologies can give your organization a competitive edge. This may include investing in cloud computing, data analytics, artificial intelligence, automation, and digital transformation initiatives.
It is crucial to regularly assess technological needs, conduct market research, and invest in training and development to ensure employees have the necessary skills to leverage these technologies effectively.
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Please help............
Which of the following is a disadvantage of a market economy?restricts personal freedomdiscourages creativity & new ideasdoes not allocate resources as efficiently as other types of economiessustains a high degree of uncertainty
The negative aspects of a market economy encompass monopolies, no government intervention, terrible working conditions, and unemployment.
What is the drawback of one of a kind about market conditions?There are some risks also related with a market system. Unsupervised management should end result in a loss of profit. Demerit items and serviced will be on hand to the consumers. Prices may want to expand accordingly causing demand to fall.
Monopoly power. Private possession of capital permits companies to achieve monopoly energy in product and labour markets.
Market economies have a tendency to produce inferior items and services. It harms the environment.
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https://brainly.com/question/30125125#SPJ4a client in the 35 percent marginal tax bracket is comparing a municipal bond that offers a 5.20 percent yield to maturity and a similar-risk corporate bond that offers a 6.80 percent yield. determine the equivalent taxable yield.
The equitable taxable yield will be equal to 8%.
A bond may be defined as an agreement or a share of money between two individuals growing at a particular rate of interest for a particular period of time. The time for which the bond is made is called the maturity period of the bond and after earning the interest the bond is said to be mature. The formula for calculating the Tax equivalent rate will be
Tax equivalent rate = Percentage yield/(1 - marginal tax bracket)
According to the question the percentage yield of municipal bond = 5.20%
marginal tax bracket = 35% = 0.35
Tax equivalent rate = 5.2%/(1 - 0.35)
Tax equivalent rate = 5.2%/0.65
Tax equivalent rate = 8%
The Municipal bond will give the client more profit after taxes since its offer has a higher percentage yield.
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a u.s. treasury strip that will pay $1,000 in 10 years is selling today for $508.35. what interest rate does the bond offer? (do not round intermediate calculations. enter your answer as a whole percent.)
The bond offers an interest rate of 9%.
The interest rate is computed as shown below:
Future value = Present value ( 1 + r )n
$ 1,000 = $ 422.41 ( 1 + r )10
($ 1,000 / $ 422.41)1/10 - 1 = r
r = 9%.
An interest rate tells you how high the cost of borrowing is, or high the prices are for saving. So, if you are a borrower, the interest rate is the quantum you're charged for adopting a plutocrat, shown as a chance of the total quantum of the loan.
Using the interest rate formula, we get the interest rate, which is the chance of the top quantum, charged by the lender or bank to the borrower for the use of its means or plutocrat for a specific time period. The formula is Interest Rate( Simple Interest × 100)/( star × Time).
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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.
Process Innovation type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow.
What is an example of process innovation?A process innovation is the introduction of a new or significantly improved method of production or delivery. Significant changes in techniques, equipment, and/or software are included.A company, for example, can modify the software used in its supply chain and delivery system. You can use PI to create new products or improve existing ones. Processes in areas such as information systems, manufacturing, and customer service can all be innovated by organizations.Process innovations can be designed to reduce unit costs of production or delivery, improve quality, or create or deliver new or significantly improved products. Process innovations include new or significantly improved methods for service creation and delivery.Product innovation refers to the development and release of a new product or service to the market, as well as an improved version of an existing product. Process innovation, on the other hand, is the implementation of a new or improved production or delivery method.To learn more about Process Innovation refer to
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