subject
Business, 18.06.2020 00:57 Luis2737

Ben has $2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year. The inflation rate is 9 percent a year. The government taxes the interest that Ben earns on his deposit at 10 percent. Calculate the nominal after-tax interest rate and the real after-tax interest rate that Ben earns.    >>> Answer to 1 decimal place. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. The nominal after-tax interest rate is nothing percent a year.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:30
Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?
Answers: 3
question
Business, 22.06.2019 06:00
Select the correct answer a research organization conducts certain chemical tests on samples. they have data available on the standard results. some of the samples give results outside the boundary of the standard results. which data mining method follows a similar approach? o a. data cleansing ob. network intrusion o c. fraud detection od. customer classification o e. deviation detection
Answers: 1
question
Business, 22.06.2019 12:50
Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.
Answers: 3
question
Business, 22.06.2019 13:00
Amajor advantage of case studies is
Answers: 2
You know the right answer?
Ben has $2 comma 000 in his savings account and the bank pays an interest rate of 14 percent a year....
Questions
question
History, 06.05.2020 01:47
question
Mathematics, 06.05.2020 01:47
question
English, 06.05.2020 01:47
question
English, 06.05.2020 01:47
Questions on the website: 13722363