A credit card issuer charges an APR of 19.56%, and its billing cycle is 30 days long. What is its periodic interest rate?

"researchers usually start their investigation by examining some of the rich variety of low-cost and readily available ________

aleksandrvk [35]

"researchers usually start their investigation by examining some of the rich variety of low-cost and readily available <u>"secondary" </u>data, then collect <u>"primary"</u> data if the needed data don't existing or are dated, inaccurate, incomplete or unreliable."

Primary data will be data that you gather particularly with the end goal of your examination venture. An advantage of primary data is that it is particularly custom fitted to your examination needs. A weakness is that it is costly to acquire.

Secondary data alludes to information which is gathered by somebody who is somebody other than the client. Regular sources of secondary data for sociology incorporate censuses, data gathered by government divisions, hierarchical records and information that was initially gathered for other research purposes.

8 0

2 years ago

"Ayres Services acquired an asset for $80 million in 2021." The asset is depreciated for financial reporting purposes over four

Greeley [361]

Answer:

a. The cumulative temporary book-tax difference for the depreciable asset are as follows:

December 31, 2021 = $60 million

December 31, 2022 = $40 million

December 31, 2023 = $20 million

December 31, 2024 = $0

b. The balance to be reported in the deferred tax liability account are as follows.

December 31, 2021 = $15 million

December 31, 2022 = $10 million

December 31, 2023 = $5 million

December 31, 2024 = $0

Explanation:

Note: See the attached excel file for the calculation of cumulative temporary book-tax difference for the depreciable asset and the balance to be reported in the deferred tax liability account for December 31 of years 2021, 2022, 2023 and 2024 in bold red color.

In the attached excel file, the following formula are used:

Cumulative Temporary differences at December 31 of the current year = Cumulative Temporary differences at December 31 of the previous year + (Depreciation on the tax return at December 31 of the current year - Depreciation on the income statement at December 31 of the current year)

Balance to be reported in deferred tax liability account at December 31 of the current year = Cumulative Temporary differences at December 31 of the current year * Tax rate

Download xlsx

3 0

2 years ago

True or false the risk premium is primarily concerned with business risk, financial risk, and inflation risk.

Nikitich [7]

The answer is true .

7 0

2 years ago

You own a small boutique that sells scented soaps and lotions as well as handmade jewelry. You are considering moving locations

Natali [406]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

You believe this will increase your contribution margin from $127,000 to $218,000 per year. Rent, however, will increase by $400 per month, and utilities will increase by $150 per month. You will also need to hire two additional employees for $24,000 each annually.

We need to calculate the effect of moving in the net income of the company:

Effect on income= (218,000 - 127,000) - (400*12) - (150*12) - 24,000*2

Effect on income= $36,400 increase

8 0

2 years ago

The demand for corn has increased in May without any change in supply. Eight months later there still has been no change in corn

kramer

Answer: d. price control.

Explanation:

Price control is a mechanism used by government in order to control price, this is done when government sets a minimum and maximum price for certain goods and services, this is done in order to manage the purchasing power for such goods. Most times government adopt price control system for things like food, energy product, etc. Price control can lead to a situation where there will either be shortage or over supply.

5 0

2 years ago

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