What is her after-tax rate of return on the account

Assignment Help Accounting Basics
Reference no: EM133038685

Question - Leroy earned 5.3 percent in her savings account. If she's in the 25% tax bracket, what is her after-tax rate of return on the account?

A. 4.25%

B. 4.51%

C. 3.54%

D. 3.98%

Reference no: EM133038685

Questions Cloud

Comprehensive succession plan for a real organization : Develop a comprehensive succession plan for a real organization. Assume the role of chairman of the board (or similar position) of this organization.
What happened to net working capital during the year : Its depreciation expenses were $0.6 million, and its total cash flow was $1.6 million. What happened to net working capital during the year
Discuss the major eras of the evolution of advertising : Explain the development of Advertising to Integrated Marketing Communications to Integrated Brand Promotion.
Businesses often encounter ethical dilemmas : Businesses often encounter ethical dilemmas. Depending on the industry, there may be consequences to business behavior that ignores ethical standards.
What is her after-tax rate of return on the account : Leroy earned 5.3 percent in her savings account. If she's in the 25% tax bracket, what is her after-tax rate of return on the account
How would a team leader deal with an overall poor : Question: How would a team leader deal with an overall poor performing team? Please provide the complete solution of this problem.
Did the gross profit percentage in the current year improve : Did the gross profit percentage in the current year improve, or decline, relative to the 38.0 percent gross profit percentage in the prior year?
Implement the proposed system : Summarize the software and hardware needed to implement the proposed system, as well as resources necessary to use and manage the system.
AVIA5018 Aviation Human Factors Assignment : AVIA5018 Aviation Human Factors Assignment Help and Solution, The University of New South Wales - Assessment Writing Service

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd