Answer:
A. The World of trade
Explanation:
The marketplace is an economic system where companies compete with each other in order to sell their products. It is a place where trade occurs. In the broadest terms, a marketplace is the world of trade where buying of goods and services takes place.
Answer:
5.37%
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the company’s after tax return on preferred by using following formula:-
Company’s After Tax Return = Before Tax Dividend Yield Rate on Preferred Stock × [1 - (1 - Dividend Exclusive) × (Tax Rate)]
= 6% × [1 - (1 - 70%) × (35%)]
= 0.06 × [1 - (1 - 0.70) × (0.35)]
= 0.06 × [1 - (0.30) × (0.35)]
= 0.06 × (1 - 0.105)
= 0.0537
= 5.37%
We simply applied the above formula to determine the company after tax return
Answer:
Christie 's share = $ 37759.09
Jergens Share = $ 47,441
Explanation:
Partner's Profit share are calculated after the deduction of salary or any other interest incomes.
Profit for the current year = $ 163,000
Christie' s Salary $ 69,000
Christie Interest Income $ 3900
10 % 0f $ 390,000
Jergens Interest Income $ 4900
10 % 0f $ 490,000
Profit Balance $ 85,200
Profit Sharing Ratio
Christie : Jergens
390,000: 490,000
39: 49
Christie 's share = $ 85,200 * 39/88= $ 37759.09
Jergens Share = $ 85,200 * 49/88= 47440.9= $ 47,441
Answer:
13.73%
Explanation:
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding = 365
= 0.1373 = 13.73%
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