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Assignment:
A state applies a 7 percent tax to consumer purchases of many items. These are data for two typical families: Smith Family Annual Income = $60,000 Family Size = 2 Purchases of taxed items = $30,000Jones Family Annual Income = $75,000 Family Size = 3 Purchases of taxed items = $40,000 What statutory rate does each family pay? What effective rate does each family pay? What is the vertical equity of this particular tax?
Explain the advantages and disadvantages to entering into a forward contract, and how you make or lose money by taking a naked position on one. Discuss issues of liquidity and your ability to tailor the contract to your needs in terms of delivery dat..
Ultra Petroleum (UPL) has earnings per share of $1.67 and a P/E ratio of 33.16. What’s the stock price?
A primary reason to have assets is to ____.
Management has just received a special one-time order for 825 cabanas at $335 per cabana. For this particular order, no variable marketing costs .
The iPod (nano 2 gigabytes) costs 608 Brazilian reals (BRL) in Brazil and $149.00 in the US. The actual market exchange rate between the Brazilian real and the U.S. dollar is 0.4 US$ per BRL. What is the dollar cost (in US$) of the iPod sold in Brazi..
moving average forecasting models are powerful tools that help managers in making educated forecasting decisions. a
Discuss the main reasons why a business should or should not be involved in political discussions or take a political stand. Use terms found in Chapter 9 to demonstrate your understanding of the material.
You are trying to establish a value for the equity of a small firm. Recently, the EPS of the firm was reported as $1.94.
What is policy making in the context of budgets?
Lily has two bank accounts. Suppose that the first account earns interest at a nominal discount rate of d^(2), convertible semiannually. The second account earns interest at a force of interest δ. After 6.75 years, the value in each account is $250. ..
Assume that a $1,000,000 par value, semiannual coupon U.S. Treasury note with five years to maturity (YTM) has a coupon rate of 3%. the yield to maturity of the bond is 9.90%. Using this information and ignoring the other costs involved, calculate th..
In your opinion, who should be most concerned with the estate planning? I
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