Assume that a single commercial bank has no excess reserves and that the reserve ratio is 20 percent. If this bank sells a bond for $1,000 to a Federal Reserve Bank, it can expand its loans by maximum of:

Answers

Answer 1

Answer:

it should be only 1,000

Explanation:

Answer 2

In a case, that an individual commercial bank has no extra reserves and that the reserve ratio is 20 percent. If this bank sells a bond for $1,000 to a Federal Reserve Bank, it can expand its loans by maximum of $1,000.

When commercial banks receive loan from the Federal bank?

Banks can acquire the loan from the Federal Banks to receive reserve responsibilities. The rate traveled to banks is called the discount rate, that is normally higher than the rate that banks hasten each other.

Banks can acquire from each another to meet reserve requirements, which is charged at the federal funds rate.

In the scenario of a single commercial bank with no surplus reserves and a reserve ratio of 20%. If this bank sells a bond to a Federal Reserve Bank for $1,000, it can increase its loan limit by $1,000.

Therefore, the loan can be expanded by the maximum of $1,000.

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Related Questions

Production possibilities frontiers are usually bowed outward. This is because a. resources are specialized; that is, some are better at producing particular goods rather than other goods. b. of the effects of technological change. c. the opportunity cost of producing a good decreases as more and more of that good is produced. d. the more resources a society uses to produce one good, the fewer resources it has available to produce another good.

Answers

Answer:

d. the more resources a society uses to produce one good, the fewer resources it has available to produce another good.

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all of its resources are fully utilised.

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result less of the other product would be produced. So, the opportunity cost of producing a good increases as more and more of that good is produced.

Please check the attached image for a diagram of the Production possibilities frontiers

A successful total quality management (TQM) program requires
a) minimizing changes in the organization's culture.
b) attributing defects to the appropriate production function(s).
c) focusing on defect solutions, not sources.
d) soliciting feedback from division-level managers and above.
e) breaking down barriers between functions.

Answers

Answer:

Breaking down barriers between functions

Explanation:

Total quality management is a management approach to getting all employees committed to improving processes , products and services towards achieving a customer satisfaction and growth success into a foreseeable future.

One key requirement towards achieving this is breaking down barriers between functions as development of new products calls for efficient planning to deliver customer satisfaction and employees in different functions and department also have to work together to anticipate problems that could impair quality of products.

The successful total quality management (TQM) program requires

required Breaking down barriers between functions.

What is TQM:

It is the management approach where it recieved all employees committed for improving out the processes, product & services, so that the customer satisfaction should be achieved. Also, the growth success should be considered for the near future.

If there is the split down barriers that lies between the functions should be of the establishment of the new product calls so that the efficient planning could be done.

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hi i know this is random but this actress looks like someone famous to me and i can't figure it out. the actress is kristan stewart but she looks like someone else so i'm wondering who does she look like to y'all?

Answers

Answer:

she looks like elly or mary rose

Blake racked up three safety violations in one month and was taken off the construction crew and put in the office, meaning he was no longer eligible for overtime. He pled with his boss, saying he needed the money for rent. Citing that Blake's financial situation was not a concern of the company, he was put in the office until he could demonstrate that safety was a priority. This illustrates

Answers

Answer:

Punishment.

Explanation:

In this scenario, Blake racked up three safety violations in one month and was taken off the construction crew and put in the office, meaning he was no longer eligible for overtime. He pled with his boss, saying he needed the money for rent. Citing that Blake's financial situation was not a concern of the company, he was put in the office until he could demonstrate that safety was a priority. This illustrates punishment.

Punishment can be defined as an act of imposing a penalty or consequences on an individual or group of people for flouting rules, guidelines or instructions and any other wrongdoing.

Generally, punishments are used as a moral tool to discourage wrongdoing or unacceptable behaviors being exhibited by people and to serve as a deterrent to others.

Given that he had violated three safety precautions in just one month, the managers action of removing him from the construction site illustrates punishment.

This is an example of positive punishment in the workplace. Punishment is a way of disapproving of certain work behaviors that are unacceptable.

Safety in the workplace is a matter of grave concern. From this punishment that he is made to receive, he would be more safety conscious when he is allowed to join the crew.

The manager's action was very necessary to avoid negative workplace incidents.

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Comment created

Design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process. Understanding which variables affect outcome is a very important part of quality planning.

Answers

Answer:

True.

Explanation:

Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.

Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.

Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.

This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.

In conclusion, understanding which variables affect outcome is a very important part of quality planning.

One identical unit is purchased on each of the following three dates and at the respective costs: June 1 at $10 June 2 at $15 July 4 at $20 The company sells two units during the period. Conclude which inventory items are sold first and which unit remains in ending inventory if the company is using the FIFO cost flow assumption.A. The June 1 at 10 is sold; the June 2 at $15 and July 4 at $20 remain in ending inventory.B. The June 1 at 10 and the June 2 at $15 are both sold; the July 4 unit remains in ending inventory.C. The June 2 at $15 and the July 4 at $20 are both sold; the June 1 at $10 remains in ending inventory.

Answers

Answer:

B. The June 1 at 10 and the June 2 at $15 are both sold; the July 4 unit remains in ending inventory.

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

2 units were sold. the June 1 and June 2 units would be the items sold because they were the first to be purchased according to the dates.

the ending inventory would be the the July 4 unit

Consider a small country that is closed to trade, so its net exports are equal to zero. The following equations describe the economy of this country in billions of dollars, where C is consumption, D is disposable income, I is investment, and G is government purchases: C=40+0.9∗DIG=80I=201. Assume that this economy initially has a fixed tax and that net taxes (taxes minus transfer payments are $100 billion. Disposable income is then (Y−100), where Y is the real GDP. Aggregate output demanded is $500 billion (True/False).2. Suppose the government decides to increase spending by $10 billion without raising taxes. Because the expenditure multiplier is 10 (True/False), this will increase the economy's aggregate output demanded by $100 billion (True/False).3. Now, suppose that the government switches to an income tax, which is the type of variable tax, of 20%. Because consumers retain only 80% of each additional dollar of income, disposable income is now 0.80∗Y. In this case, the economy's aggregate output demanded is $500 billion (True/False).4. Given an income tax of 20%, the expenditure multiplier is approximately 3.6 (True/False). Therefore, if the government decides to increase spending by $10 billion without raising tax rates, this would increase the economy's aggregate output demanded by approximately $36 billion (True/False).5. A $10 billion increase in government purchases will have a larger effect on output under a fixed tax of $100 billion (True/False).

Answers

Answer:

1. Aggregate output demanded is $500 billion. True.

Aggregate Demand (Y) = C + G + I

Y = 40+0.9∗DI + 80 + 20

Y = 40 + 0.9 ∗ (Y−100) + 80 + 20

Y = 50 + 0.9Y

0.1Y = 50

Y = $500 billion

2. Suppose the government decides to increase spending by $10 billion without raising taxes. Because the expenditure multiplier is 10. True.

Expenditure Multiplier = 1 / ( 1 - Marginal Propensity to Consume)

Marginal Propensity to Consume = 0.9 as per the Consumption function.

= 1/ ( 1 - 0.9)

= 10

2. b. this will increase the economy's aggregate output demanded by $100 billion. True.

Change in Aggregate output = Increase in government expenditure * expenditure multiplier

= 10 billion * 10

= $100 billion

3. ... In this case, the economy's aggregate output demanded is $500 billion . True.

Aggregate Demand (Y) = C + G + I

Y = 40+0.9∗DI + 80 + 20

Y = 40 + 0.9 ∗ (0.80∗Y) + 80 + 20

Y = 140 + 0.72Y

0.28Y = 140

Y = $500 billion

4. Given an income tax of 20%, the expenditure multiplier is approximately 3.6. True.

As a result of the new tax, the MPC will become;

= 0.9 * ( 0.80 * Y)

= 0.72Y.

Expenditure Multiplier = 1 / ( 1 - Marginal Propensity to Consume)

= 1/ ( 1 - 0.72)

= 3.57

= 3.6

4. b. Therefore, if the government decides to increase spending by $10 billion without raising tax rates, this would increase the economy's aggregate output demanded by approximately $36 billion. True.

Change in Aggregate output = Increase in government expenditure * expenditure multiplier

= 10 billion * 3.6

= $36 billion

5. A $10 billion increase in government purchases will have a larger effect on output under a fixed tax of $100 billion. True.

When the tax was fixed, an increase in Government purchases of $10 billion resulted in an increase in Aggregate output of $100 billion. When the Government switched to income taxes however, a $10 billion increase in Government spending led to a significantly lesser increase in Aggregate output of $36 billion.

Mason Company paid its annual property taxes of $240,000 on February 15, 20X9. Mason also anticipates that its annual repairs expense for 20X9 will be $1,200,000. This amount is usually incurred and paid in July and August when operations are shut down so that machinery and equipment can be repaired. What amount should Mason deduct for property taxes and repairs in each quarter for 20X9?

Answers

Answer:

$360,000 per quarter

Explanation:

we must allocate both property taxes and annual repairs expenses equally to each quarter:

total payments = property taxes + annual repairs = $240,000 + $1,200,000 = $1,440,000

allocation to each quarter = $1,440,000 / 4 quarters = $360,000 per quarter

Accrual accounting states that expenses must be recorded when they occur and not necessarily when they are associated with a cash outflow. Since both payments involve the whole year, they must be distributed equally in all 4 quarters.

Which of the following is the best way to help build your self-esteem?
OA. Adapt.
B. Be critical.
C. Speak clearly
D. Know your abilities.

Answers

Answer:

The correct answer is D. Know your abilities.

Explanation

Self-esteem is the feeling that makes people worry about themselves and arouses the feeling of self-preservation; this is related to the way we value ourselves and we feel confident about our abilities, personality, and attributes. Due to this, one of the first steps to build or improve self-esteem is to know yourself and appreciate positive aspects such as attributes, strengths, talents, abilities, etc. Also, it is important to recognize negative aspects but to avoid focusing on these. As a result, you can understand your own value and appreciate or love yourself for this. So, the correct answer is A. Know your abilities.

Answer:

D

Explanation:

To know your abilities so you will know what you can do

The Food and Drug Administration (FDA) announced yesterday that they would approve a new cancer-fighting drug from Pharma Company. You observe that the shares of Pharma Company had an abnormal return of 0% yesterday. This suggests that

Answers

Answer:

the approval was already anticipated by the market

Explanation:

This abnormal return of 0% suggests that the approval was already anticipated by the market. Meaning that the price of the Pharma company's stock had already been affected by the speculation previously and when the FDA made the announcement investors had already made their move in the market with regards to Pharma's stock. Thus causing no further move and a return of 0% to occur.

Can you give me 20 examples of nonverbal communication?? Pleasee

Answers

Answer:

Smiles, frowns, waves, middle finger, thumbs up, thumbs down, peace sign, grunt, sigh, raised eyebrows, wrinkled brow, wink, sticking out your tongue, flexing, closing your eyes, nodding your head, shaking your head, tilting your head, licking your lips.

Explanation:

All non verbal, yet speak volumes.

IMG operates divisions for athlete management services, event management services, licensing, broadcasting (both production and negotiation), Internet consulting, and marketing and consulting services. This firm covers the entire gamut of sport event and athlete functions. As such, IMG is known as A. an incorporated agency. B. a full-service agency. C. an in-house agency. D. a specialized agency.

Answers

Answer:

Full service agency.

Explanation:

Agencies in this form or field are said to be a resources management stronghold to a companies all forms of online presence. They have a primary role of advertising agencies which is known to be the creation of an advertising and marketing plan specific to your business, product and brand. Advertising agencies generally work with your business objectives by keeping the advert budgets and develop advertising and marketing campaigns to satisfy business needs. There are different online platforms that can be managed by this agencies for the company. They handle works like graphic designs, copy writing, business email management, printing, attending to the company fax etc.

Company A has a patent with a book value of $500,000. At December 31, 2019, the fair value of the patent is determined to be $450,000. The expected future cash flows associated with the patent is $650,000. What amount of impairment should Company A record on this patent at 12/31/19?

Answers

Answer:

$50,000

Explanation:

A patent should be recorded at fair market value. When the book value of a patent is higher than its market value, then its book value should decrease. This decrease in the book value is called impairment.

In this case, the patent's book value is $500,000, but its market value is $450,000. The impairment loss = $500,000 - $450,000 = $50,000.

Explain three ways in which tertiary sector industries contribute to the economy

Answers

Answer: retail, health care, financial services, entertainment, and many others.

Explanation:

Able Co. uses an online sales order processing system to process its sales transactions. Able's sales data are electronically sorted and subjected to edit checks. A direct output of the edit checks most likely would be a

Answers

Answer: D. File of all rejected sales transactions.

Explanation;

When Edit Checks are applied to sales transactions, the transactions will be checked for issues such as completeness, reasonableness and validity amongst others. If the transactions do not satisfy these, they will be rejected.

After they are rejected, the Edit Checks utility would record these rejections in a file so that the company can evaluate them for errors, correct the errors and then resubmit the transactions.  

An item was shipped from a supplier under FOB shipping point. The invoice in the amount of $2,000 included payment terms of 2/10, n/30. When the invoice was paid, a purchase discount in the amount of $40 was taken. Other details relating to the purchase of this item included the following: shipping charges of $300, storage fees of $50, and insurance premium of $100. The cost of this inventory item is

Answers

Answer:

Cost of inventory = $2,410

Explanation:

The payment terms 2/10, n/30 implies that if the Company pays within te next 10 days of purchase, it will receive a discount of 2% of the net invoice amount and that the latest date for the settlement of bill is within the next 30 days of purchase.

The cost of the inventory would be the sum of the next purchase cost , shipping charges, storage fees and insurance fee

Net purchase cost net of discount =  2,000 - 40= 1,960

Cost of inventory= 1,960 + 300 + 50 +100 =$2410

Cost of inventory = $2,410

At a price of $2,000 per unit, the demand for Rancho 60 mountain bikes from Peyton Bike's Inc. is 300 units, which is the number of bikes the company manufactures every year. This is Peyton Bike's maximum output. If the marketing managers at Peyton Bike's Inc. decide to sell each bike at a price lower than $2,000 per unit, _____.

Answers

The statement "bikes shortage should be developed" is correct.

The following information should be considered:

In the case when the firm wants to sell the product at a lower price so there should be a product shortage.The demand and supply should not achieve at equilibrium.There is no inelastic demand that should be developed.The no of bikes generated should not be increased.

Therefore we can conclude that The statement "bikes shortage should be developed" is correct.

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The following information is available for Sheridan Company:

Sales $670000
Total fixed expenses $150000
Cost of goods sold 470000
Total variable expenses 420000

A CVP income statement would report:_______

a. Gross profit of $160,000
b. contribution margin of $400,000
c. gross profit of $190,000
d. contribution margin of $190,000

Answers

Answer:

The answer is $250,000

Explanation:

NOTE: The answer to the question is not among the options.

Contribution margin in Cost-Volume-Profit (CVP) is sales minus variable cost.

Sales - $670,000

Total variable expenses $420,000

Therefore in CVP income statement, contribution margin is:

$670,000 - $420,000

= $250,000.

Gross profit is can never be calculated in CVP income statement

A woman owns 50 acres of land with 500 feet of frontage on a desirable recreational lake. She wishes to subdivide the parcel into salable lots, but she wants to retain control over the lake frontage while allowing lot owners to have access to the lake. Which of the following types of access rights would provide the greatest protection for a prospective lot purchaser?a. Appurtenant easementb. Easement in grossc. Easement by necessityd. License

Answers

Answer:

Appurtenant easement

Explanation:

An appurtenant easement grants the dominant tenement the right to use any adjoining property that transfers with the land through the servient tenement.

While the servient tenement provides the easement . the dominant tenement benefits the easement

In the scenario given , the lots are dominant tenement being the beneficiary of the right to use the land while the lake frontage is the servient tenement as it provides the easement for the lots

Victoria runs a flower shop. She recently made some changes so that one employee answers phones and completes the order and payment process, while another creates arrangements, and a third packages and delivers floral arrangements. Previously, each employee was responsible for the order from the phone call through the delivery. Victoria has made changes to

Answers

Answer:

Task identity.

Explanation:

In this scenario, Victoria runs a flower shop and recently made some changes so that one employee answers phones and completes the order and payment process, while another creates arrangements, and a third packages and delivers floral arrangements. Previously, each employee was responsible for the order from the phone call through the delivery. Therefore, Victoria has made changes to task identity.

Task identity can be defined as the overall extent to which each employee does a job completely, typically from the start point (beginning) to finish point (end). In this context, the start point or beginning of the job is the "phone call" while the finish point or end of the job is to deliver the product to the rightful consumer.

Hence, task identity mainly involves starting a job from the beginning to the end with visible outcomes for all to see or acknowledge.

SEC Form S-3 is an optional, short-form registration statement that relies on the incorporation by reference of periodic reports required by the Securities Exchange Act of 1934. Form S-3 offers substantial savings in filing costs over other forms because minimal disclosures are required in the prospectus. The SEC permits the use of Form S-3 by an issuer that

Answers

Complete Question:

SEC Form S-3 is an optional, short-form registration statement that relies on the incorporation by reference of periodic reports required by the Securities Exchange Act of 1934. Form S-3 offers substantial savings in filing costs over other forms because minimal disclosures are required in the prospectus. The SEC permits the use of Form S-3 by an issuer that

Group of answer choices.

A. Does not qualify for Form S-1.

B. Is a seasoned issuer or a well-known seasoned issuer.

C. Does not have stock held by nonaffiliates.

D. Has not had to file Form 8-K during the most recent 2-year period.

Answer:

B. Is a seasoned issuer or a well-known seasoned issuer.

Explanation:

SEC Form S-3 is an optional, short-form registration statement that relies on the incorporation by reference of periodic reports required by the Securities Exchange Act of 1934. Form S-3 offers substantial savings in filing costs over other forms because minimal disclosures are required in the prospectus. The SEC permits the use of Form S-3 by an issuer that is a seasoned issuer or a well-known seasoned issuer.

There are four (4) types of recognized issuers under the Securities and Exchange Commission (SEC) integrated disclosure system, namely;

1. A seasoned issuer: this is an issuer who has a minimum market capitalization of $75,000,000 and has filed for a year at least. They're permitted to use the Form S-3 to report any less details or provide information by reference to other sources.

2. A well-known seasoned issuer: this is an issuer who has a minimum worldwide market capitalization of $700,000,000 and has also filed for a year at least. They're also permitted by the SEC to use the Form S-3.

3. A non-reporting issuer: this is an issuer who is permitted to use the Form S-1 because they're not required to file report under the Securities Exchange Act of 1934.

4. An unseasoned issuer: they are also required by the Securities Exchange Act of 1934 to use the Form S-1.

Select the correct answer.
What is the opening page of a website called?
O A.
web page
OB. landing page
Ос. .
home page
OD.
opening page
Reset
Next

Answers

Answer:

Od Home Page

i selected

Answer:

C is the correct answer the opening page of website is home page and main page also .

All of the following statements regarding technical analysis are correct except A) technical analysts use terms such as trendline, support, and resistance in analyzing stocks. B) technical analysts rely on charts to predict the future prices of stocks. C) technical analysts rely heavily on financial ratios in their analysis of stocks. D) technical analysts attempt to predict the future movement of stock prices based on past trends.

Answers

Answer:

C

Explanation:

Technical analysis is a trading tool used to evaluate investment and trading opportunities by gathering and analyzing trends from trading activities , thereby it is able to predict future prices of stocks based on past trends.

The analyst does not rely on financial ratios in the analysis of stocks as financial ratio is mostly used by fundamental analyst in financial performance evaluation and not by technical analysts in predicting changes in stock movements

Soft and Silky, Inc. manufactures bedding sets. The budgeted production is for 53,000 comforters during the upcoming year. Each comforter requires 6 yards of material. The estimated January 1, 20Y7, beginning inventory is 31,000 yards. The desired ending balance is 30,000 yards of material. If the material costs $1.50 per yard, determine the materials budget for the year.

Answers

Answer:

The materials budget for the year = $475,500

Explanation:

let us first lay out the particulars

beginning inventory = 31,000 yards

ending balance = 30,000 yards

amount sold from beginning inventory  =  31,000 - 30,000 = 1,000 yards

budgeted production = 53,000 comforters

requirement for each comforter = 6 yards

total budgeted yards to be required = (requirement for each comforter) × (number of comforters)

= 6 × 53,000 = 318,000 yards

Note that required number of yards to be required during the year = 318,000 yards, but we have 1,000 yards available from the beginning inventory, as shown above, therefore, the number of yards to be produced is calculated as follows:

number of yards to be produced = (required number of yards) - ( number of yards from beginning inventory)

= 318,000 - 1000 = 317,000 yards.

Next, we are told that material cost per yard = $1.50

1 yard = $1.50

∴ 317,000 yards = 1.50 × 317,000 = $475,500

Therefore the materials budget for the year = $475,500

If a manager believes there are too many pay levels and would like to reduce the number of pay levels from 30 to 20 by combining multiple pay levels, it will engage in ______.

Answers

Answer: Broadbanding

Explanation:

Broadbanding is a strategy employed in Human Resources when it is believed that there are too many pay levels. Broadbanding will change this as it involves the banding together of various smaller levels into Broad level so that the pay levels are less in number but wider in range.

Broadbanding gives a business the opportunity to become flatter in hierarchy thereby allowing for pay increases without having to promote a person as they will still be in the same band but get more salary.

When the price of a product is p dollars each, suppose that a manufacturer will supply 2p - 8 units of the product to the market and that consumers will demand to buy 300 - 2p units. At the value of p for which supply equals demand, the market is said to be in equilibrium. Find this value of p.

Answers

Answer:

77

Explanation:

The computation of the value of P is shown below:-

As we know that

at Market equilibrium,

Supply = Demand

So, the equation will be

Number of units supplied = Number of units in demand

2p - 8 = 300 - 2p

Now we solve it

2p + 2p = 300 + 8

4p = 308

p = 308 ÷ 4

= 77

Therefore we have solved the above equation to determine the value of the P

"Jobs Now is an employment website. Like its competitors, it offers free listings in every category, which is free for job seekers but not for companies. This feature of Jobs Now is an example of"

Answers

Answer:

A revenue model

Explanation:

A revenue model is a business organizational framework and strategy  for balancing a business expenditure and income generation per revenue stream outlined by the business by identification of the veritable revenue sources, the structure of the pricing for the access to the value derived from the revenue source, as well as how customers are to pay for the value of the services of the revenue source

In essence, a revenue model maps value to buyers of a given valuable product.

On April 1, Aloe, Inc. factored $80,000 of its accounts receivable without recourse. The factor retained 10% of the accounts receivable as an allowance for sales returns and charged a 5% commission on the gross amount of the factored receivables. What amount of cash did Aloe receive from the factored receivables

Answers

Answer: $68,000

Explanation:

Based on the information that have been provided in the question, the amount of cash that Aloe receive from the factored receivables will be:

= $80,000 - (10% × $80,000) - (5% × $80,000)

= $80000 - $8000 - $4000

= $80,000 - $12,000

= $68,000

The voucher system of control: Multiple Choice Is a set of procedures and approvals designed to control cash receipts and the acceptance of obligations. Establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement. Establishes procedures for receiving checks for the sale of verified, approved, and recorded activities. Applies only when multiple purchases are made from the same supplier. Is required in large companies but not beneficial for small to mid-sized companies.

Answers

Answer: Establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement.

Explanation:

The voucher system control is used to ensure that cash will only be spent on the purchases that are authorized.

The voucher system of control establishes procedures for verifying, approving, and recording obligations for eventual cash disbursement.

self-employed cash basis taxpayer, took out a loan to use in her business. The loan principal is to be repaid on November 30 of Year 3. Jones prepaid the entire interest of $12,000 on December 1 of Year 1. What amount of interest was deductible on Jones' Year 2 income tax return?

Answers

Answer: $6,000

Explanation:

Interest is deductible from Income tax but when interest to be paid is more than 12 months, the interest would need to be evenly spread over the period that they apply to. The total interest is $12,000 but the repayment period is 2 years. This means that the interest would need to be spread out over the 24 months involved at a rate of;

= 12,000/24

= $500

In Year 2 therefore, the relevant amount that can be deducted will be for 12 months;

= 500 * 12

= $6,000

Other Questions
Charlie needs a $275,000 mortgage and he'd like to pay it off in 30 years. He is considering two banks. Bank A: 3.5% with monthly payments of $1234.87 Bank B: 4% with monthly payments of $1312.89 Charlie doesn't think a 0.5% difference is that much. What is the difference between these two bank loans with total interest paid over the life of the loan? Palencia Paints Corporation has a target capital structure of 25% debt and 75% common equity, with no preferred stock. Its before-tax cost of debt is 13%, and its marginal tax rate is 40%. The current stock price is P0 = $22.00. The last dividend was D0 = $3.00, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC? Round your answers to two decimal places. Do not round your intermediate calculations. 3. A belief shared by Presidents Theodore Roosevelt, William Taft, andWoodrow Wilson is that the Federal Government shouldA. allow the free-enterprise system to work without regulationB. use its power to regulate unfair business practicesC. provide jobs for unemployed workersD.support unions in labor-management disputes Determine the percent water in Cuso4.5H20 to 3 significant figures A father is three times as old as his son. After fifteen years the father will be twice as old as his son's age at that time. Hence the father's present age is You should continuously work to enhance your skills and knowledge . If all glucose is normally reabsorbed in the proximal tubule of the nephron, why do people with diabetes have glucose in their urine Reduce the following fraction to lowest terms: 8/14 Let two events A and B be independent. Knowing P(A)=0.8 and P(A+B)=0.93. Calculate the probability P(B). You are asked to write an app to keep track of a relatively small music library. The app should load song information from a data file once the app is started. It should allow user to view, add, remove, and search for songs. The app should save the data back to the same data file when the program exits. Which observation led Mendel to the idea that traits were controlled by more than a single factor? Crossing two purple-flowered pea plants always resulted in a purple-flowered pea plant. Crossing two white-flowered pea plants always resulted in a white-flowered pea plant. A trait that was not seen in the first generation may later reappear in the second generation. A trait that was not seen in the first generation was completely gone and never reappeared. If the range of feasibility indicates that the original amount of a resource, which was 20, can increase by 5, then the amount of the resource can increase to 25.a. Trueb. False 1.It's impolite of them to wear hats in the pagoda(shouldn't)->2.Children have to live with their parents until they reach the age of 18(obliged)->3.Is it necessary for me to tip in a coffee shop?(have to)->4.It's not mandatory for staff to wear vests in their company(need)->5.It's good for us to keep our traditional customs(should)-> Azila is a salesgirl for a cosmetic product. Her salary is RM375 per week with 5% commission of her weekly sales. What is the least value of a product that Aliza must sell if she targets a minimum salary of RM550 for a particular week? an electron starts from rest from a fixed point charge with q. what total potential difference accelerates the electron to being very far away from Q 96 is 30% of what number? If you randomly choose a number from 1 to 10 and multiply them together, what is the probability that the number ends in a 0? Sheridan Company issues 3600 shares of its $10 par value common stock having a fair value of $20 per share and 5600 shares of its $10 par value preferred stock having a fair value of $20 per share for a lump sum of $205400. What amount of the proceeds should be allocated to the preferred stock The shape of the sign outside Bob's Burger Barn is a regular octagon. How many degrees are in the measure of an interior angle of this sign? Ok, Corona is fake, and viruses are made in the body.... any smart person knows this!3 reasons why it is true or 3 reasons why it is false