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A business has a total sales figure for a month of $231, 787. This sales price includes GST. What is the amount of GST that has been collected on the sales? During the same month, the business has made purchases of $92 400, of this sum $89 000 contains GST and the remainder was on GST free purchases. How much GST was paid on the purchases? How much money on GST needs to be paid to the tax department (assuming there are no other factors) for that month?
Suppose that the current spot exchange rate is USD/SKR6.25 and the three-month forward exchange rate is USD/SKR6.28. The three-month interest rate is 5.6% per annum in the U.S. and 8.8% per annum in Sweden.
Rite Bite Enterprises sells toothpicks. Gross revenues last year were $3 million, and total costs were $1.5 million. Rite Bite has 1 million shares of common.
Explain the interconnectivity of the world's largest stock markets. Discuss which country you believe has the most influence on the U.S. stock market performance and why. Explain your rationale.
Kay owns XYZ Corporation stock with a basis of $20,000. She exchanges this for $24,000 of ABC stock and $8,000 of ABC securities as part of a tax-free reorganization. What is Kay's realized gain?
1. Investors demand higher expected rates of return on stocks with less variable rates of return.
Why does most worldwide interbank currency trading involve the U.S. dollar? Do you believe that the dollar may no longer be considered the international reserve currency? Discuss your reasons.
However, if you don't make the cut then you will work at a fast food outlet for $40,000 per year. What is your expected starting salary?
the sundarams are buying a new 3500-square-feet house in muncie indiana and will borrow 263233 from bank one at a rate
1. Calculate the cost of new common equity financing of stock R using Gordon Model Round the answers to two decimal places in percentage form (Write the percentage sign in the "units" box)
Which will cause its rating to drop and its cost of debt to rise to 5.5% - and a quarter by issuing new stocks. Estimate the cost of capital after the acquisition.
Which ratios suggest good performance and why?
What would be the appropriate value of Ford's new corporate bond? (Assume that coupons are paid annually by Ford and GM bonds.
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