The term ease of doing business refers to
A. the ease with which a business can secure financing to start operating its business.
B. how complicated the process is for producing and delivering a product.
C. the ease with which a product can be promoted effectively.
D. how quickly a firm can recoup its costs and begin making a profit.
E. the amount of effort required on the part of a customer when dealing with a firm.

Answers

Answer 1

The term "ease of doing business" refers to the (A) overall ease and simplicity of operating a business within a particular environment or market.

This includes a variety of factors such as the ease of starting and registering a business, obtaining necessary licenses and permits, accessing financing, complying with regulations and taxes, and hiring and training employees.

It also encompasses the ease of trading across borders, resolving disputes, and enforcing contracts.

Essentially, the ease of doing business reflects the level of bureaucracy, regulation, and legal complexity that businesses must navigate in order to operate and succeed.

High levels of ease of doing business are often associated with increased entrepreneurship, investment, and economic growth, while low levels can hinder business growth and competitiveness.

Know more about ease of doing business here:

https://brainly.com/question/15095474

#SPJ11

Related Questions

Please read the following case study carefully and answer the questions that follow.

When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.

List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)

Answers

The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.

The poor decisions that were made by Stephanie include:

Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.

The ways that Stephanie could have prevented this conflict include:

Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.

The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.

Read related link on:

https://brainly.com/question/14834468

What has determined prices of honus wagner baseball card over time?The card produces a cash dividend every year that grows at the rate of inflation.

-The card produces a cash dividend every year that grows at the rate of inflation.
-A new supply of Honus Wagner cards are produced every year to stimulate demand in the market.
-As incomes have increased among baseball fans, demand for the card has decreased. Supply has remain fixed. With a fixed supply, demand solely determines the price.
-As incomes have increased among baseball fans, demand for the card has increased. Supply has remain fixed. With a fixed supply, demand solely determines the price.

Answers

The price of Honus Wagner baseball cards over time has primarily been determined by changes in demand among baseball fans, while the fixed supply has played a secondary role in price determination.

The price of Honus Wagner baseball cards over time has been primarily determined by changes in demand among baseball fans. As incomes have increased among fans, the demand for the card has also increased, driving up its price. The fixed supply of Honus Wagner cards has played a secondary role in price determination. While a new supply of cards may be produced every year to stimulate demand, the limited availability of original cards has created scarcity and further fueled their desirability. Additionally, the card's status as a highly sought-after collectable and its association with baseball history and legends have contributed to its enduring value. The cash dividend that grows at the rate of inflation, if applicable, may add some additional value but is likely a lesser factor compared to overall demand.

Learn more about Honus Wagner here:

https://brainly.com/question/13459092

#SPJ11

What is the first step that he should follow in order to show only the records for items that were sold for more than $1.99?

He should select the Price Paid field and right-click on it, then choose Number Filters.
He should go to the Design tab, click on Group and Sort, then click the Price Paid field.
He should go to the Arrange tab, click on Group and Sort, then choose Number Filters.
He should select the Price Paid field and highlight it, then click on the Filter tab.

Answers

Answer a is the correct answer

In a socialist economic system, the government
O owns and controls the people.
O pays little attention to income distribution.
O owns and controls many of the resources.
O rents resources to the people.

Answers

Answer:

owns and controls many of the resources

Explanation:

Socialism, or the command system, is an economic system where the government owns and controls most of the factors of production. It decides on the allocation of resources and what products and services to avail in the market place.

The proponents of socialism advocate for,

1. Collective ownership of the factors of production through an elected central government.

2.Social equity by eradicating citizen's economic classification.

3. Central planning of the economy.

Sebastian buys his coffee every month for $25 at a local coffee shop. At a local warehouse store with a $60 annual fee, he can purchase the same coffee for $15. What is the BEST financial advice for Sebastian when it comes to purchasing his coffee?

A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.

B. He should buy coffee at the coffee shop because at the end of the year he will have saved money.

C. It doesn’t matter where he buys the coffee; the price is exactly the same after 12 months.

D. If he buys coffee for only five months, he should just buy it at the coffee shop because it will be cheaper.

Answers

Answer:

A. He should buy coffee at the warehouse store because at the end of the year he will have saved money.

Explanation:

if he continues to buy his coffee at the local shop it will cost $300 at the end of the year. If he buys from the warehouse it will cost $240 at the end of the year.

The answer is A because paying the 60 dollars is a one time thing so for every other time he buys coffee it’ll be 15 dollars, way cheaper than 25

One of the purposes of studying economics is to understand the

Answers

Answer:

Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.

Explanation:

Answer:

D: principles that influence the production of goods and services.

Explanation:

on edge! hope this helps!!~ (゜▽゜;)

The last step of a cost analysis is to examine the P&L statement or expense reports.

Answers

The last step in the accounting cycle is to make remaining entries by finalizing expenses, revenues and brief accounts on the quit of the accounting period. This includes closing out temporary bills, along with expenses and sales, and moving the net earnings to permanent bills like retained profits.

Income and loss (P&L) declaration refers to a financial statement that summarizes the sales, fees, and fees incurred at some stage in a specified length, usually a quarter or fiscal year. these records offer records about a company’s capacity or inability to generate profit by increasing sales, lowering expenses, or each. P&L statements are often presented on a cash or accrual foundation. company managers and traders use P&L statements to analyze the economic health of a company. A profit and loss (P&L) statement summarizes the revenues, fees and fees incurred all through a selected time frame. A P&L statement offers information about whether or not a company can generate profit by increasing revenue, decreasing expenses, or each. The final step within the accounting cycle is to make closing entries with the aid of finalizing costs, sales and brief bills at the stop of the accounting length. This includes remaining out brief money owed, such as fees and revenue, and moving the net earnings to everlasting debts like retained earnings.

Learn more about P&L here:-

https://brainly.com/question/26211472

#SPJ4

PLEASE, In a paragraph of 150 words, Reflect on the critical thinking process and the steps involved. Discuss how this knowledge can or has helped you in your life and/ or your career?

For example, what do you think of the process? What did you learn from the process? Could it bring value to making decisions in your life or career? Would you use it in the future? Would you use it, or parts of it, in your everyday life? Have you used it in your everyday life? Do not write about the case itself, the decision you reached, or what you thought should or should not have happened relating to the case.

Answers

The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision.

How the critical thinking process helps me

The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions.

Personally, I find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions.

Additionally, by applying critical thinking to everyday situations, I am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker, and has provided me with a framework for making better decisions in all areas of my life.

Read more on critical thinking here:https://brainly.com/question/3021226

#SPJ1

The average student college loan rate is 4%. You borrowed $18,000 per year for tuition, room, & board. If the interest is computed as simple interest, annually, how much interest will you owe when you graduate. Assume 4 years interest on the freshman year loan, 3 years on the sophomore loan, 2 years on the junior loan, and 1 year on the senior loan.

Answers

Answer:a) 7200

Explanation:

Exercise 7-1 (Algo) Accounts receivable subsidiary ledger; schedule of accounts receivable LO C1
Vail Company recorded the following transactions during November.
Date General Journal Debit Credit
November 5 Accounts Receivable—Ski Shop 4,523 November 5 Sales 4,523
November 10 Accounts Receivable—Welcome Incorporated 1,519 November 10 Sales 1,519
November 13 Accounts Receivable—Zia Company 891 November 13 Sales 891
November 21 Sales Returns and Allowances 230 November 21 Accounts Receivable—Zia Company 230
November 30 Accounts Receivable—Ski Shop 3,167 November 30 Sales 3,167
1. Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
2. Prepare a schedule of accounts receivable.
Required 1
Post these entries to both the general ledger accounts and the accounts receivable ledger subsidiary ledger accounts.
Required 2
Prepare a schedule of accounts receivable.
VAIL COMPANY
Schedule of Accounts Receivable
November 30
Ski Shop Welcome Incorporated Zia Company Total $0
General Ledger Accounts Receivable Subsidiary Ledger
Accounts Receivable Ski Shop
Ending Balance 0 0
Ending Balance 0 0
Sales Zia Company
Ending Balance 0 0
Ending Balance 0 0
Sales Returns and Allowances Welcome Incorporated
Ending Balance 0 0 Ending Balance 0 0

Answers

The "short-term assets" part of a balance sheet is where you may locate a company's credit sales. Credit sales appear as accounts receivables, a part of short-term assets on the balance sheet because businesses don't get payments from them for several weeks or even months.

The following are the transactions in the general ledger accounts:

November 5:

Debit: Accounts Receivable—Ski Shop ($4,523)

Credit: Sales ($4,523)

November 10:

Debit: Accounts Receivable—Welcome Incorporated ($1,519)

Credit: Sales ($1,519)

November 13:

Debit: Accounts Receivable—Zia Company ($891)

Credit: Sales ($891)

November 21:

Debit: Sales Returns and Allowances ($230)

Credit: Accounts Receivable—Zia Company ($230)

November 30:

Debit: Accounts Receivable—Ski Shop ($3,167)

Credit: Sales ($3,167)

Learn more about Accounts Receivable here:

https://brainly.com/question/32156363

#SPJ12

Analyzing Finance Workers' Qualities, Skills, and Abilities.

According to the video, what qualities, skills, and abilities do workers in this career cluster need? Check ALL that apply.

a. physical strength for working outdoors and traveling
b. communication skills for explaining complex concepts
c. leadership skills for persuading others to take action
d. the ability to inspire others
e. the ability to be unemotional about business
f. the ability to be comfortable in an office setting

Answers

The qualities, skills, and abilities which workers in this career cluster need are:

B. Communication skills for explaining complex conceptsE. The ability to be unemotional about business F. The ability to be comfortable in an office setting

According to the given question, we are meant to show the abilities, skills which workers that were displayed on video needs to have if they are to thrive in their chosen profession.

As a result of this, we can see that the workers in this particular career cluster needs communication skills, emotional intelligence and ability to be comfortable in an office setting.

Therefore, the correct answers are options B, E and F

Answers

B.money because money deals with financial

___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

What resource outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM

Answers

Answer: Policy & Procedure Guide

Explanation:

It should be noted that the MTM services can be performed by licensed pharmacist who have completed an outcomesMTM training or the students who are sounder a licensed pharmacist supervision.

Policy & Procedure Guide outlines documentation requirements for MTM services, participation guidelines and other critical program information for OutcomesMTM.

The triple bottom line "people/social" and it's relationship with social responsibility

Answers

Answer:

TBL was proposed by Elkington. But there is difficulty in measuring social and environmental bottom line.

Explanation:

Triple bottom Line (TBL) in economics is the line that focus on the relationship on social and environmental concern. In TBL there are three bottom line that is people, profit, and planet. This term Triple Bottom Line was coined by John Elkington in 1994.

His main aim was to measure the performance of people in America. According to this idea it is possible to maintain both economy and environment. It can improve the lives of people as well can save the environment. It can be called a full time cost business. It is like Planet + People = Environmental responsibility + Social.

According to TBL if a company does not pay attention on how to interact socially but only focuses on business, it will not account full business.

The triple bottom line is a concept that states that rather than firms to focus on making profit as sole of operation, they should also commit their impact to the social and environment sphere.

The triple bottom line is divided into 3 according to importance to be given:

People / Social impactPlanet / Environmental impactProfit / Financial impact.

In conclusion, the business concept posit that firms should ensures that its impact are felt in any social and environmental circle around the world.

Learn more about triple bottom line here

brainly.com/question/1341005

An item is regularly priced at 70$. It is on sale for 20% off the regular price. What is the sale price?

ITS 7TH GRADE MATH BTW!

Answers

Answer:

it's 56.

Explanation:

70*0.8=56

the answer is $56. 20% would be $14 off.

Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT

what's the answer please

Answers

Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

What is a CPA certification?

The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.

Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.

Therefore, the Option D is correct.

Answers

Answer:

Balance sheet is prepared after ascertaining net profit and net loss from profit and loss account. It is the summary of the personal account and real accounts having debit and credit balances.

when someone get troll and can't take a joke what would you do?

Answers

Answer:

Call them a bitc h

Explanation:

Answer:

Get rick rolled

Explanation:

-.-

Hill corp. had 600,000 shares of common stock outstanding on january 1, issued 900,000 shares on july 1, and had income applicable to common stock of $2,940,000 for the year ending december 31, 2021. earnings per share of common stock for 2021 would be

Answers

The earning per share of common stock for the year 2021 comes out to be $3.92.

What is common stock?

Common stock is a type of stock being owned by a company and reported under the head stockholder's equity on the balance sheet.

Given values:

Net income: $2,940,000

Average shares in common stock= 750,000 (600,000 + 900,000 / 2)

Computation of EPS of common stock:

$\rm\ EPS=\frac{\rm\ Net \rm\ income}{\rm\ Average \rm\ outstanding \rm\ shares}\\ \rm\ EPS=\frac{\$2,940,000}{\$750,000}\\\rm\ EPS=\$3.92$

Therefore, the amount of share price earned on the common stock is equal to $3.92.

Learn more about the common stock in the related link:

https://brainly.com/question/9970004

#SPJ1

An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.

Answers

Option D: An international business is a firm that engages in international trade or investment.

Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.

It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.

For such more questions on international business:

brainly.com/question/14690606

#SPJ11

is it hard to get a job at chik fil a? kinda stupid question ik, I just really need money. if so any recommendations?

Answers

Answer: Maybe you can try getting a job at starbucks, mcdonalds, five below, etc. It depends how old are you.

I’m not sure, I think chipotle would be a great option though. Working there comes with many benefits like paying some of your tuition (or something along those lines.)

Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?

Answers

The value of each share if you calculate it as $1,000,000/2,000 =500.

What is stock?

A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.

The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.

The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.

Learn more about the initial public offering, here:

brainly.com/question/3068229

#SPJ1

The complete question is Probably

Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =

Megan is already looking ahead to graduation and a job, and she wants to buy a new car not long after her graduation. If after graduation she begins an investment program of $2,300 per year in an investment yielding 6 percent, what will be the value of the fund after three years? (Hint: Use Appendix A.3 (Links to an external site.) or the Garman/Forgue companion website.) Round Future value of Series of Equal Amounts in intermediate calculations to four decimal places. NO cents! DOLLARS ONLY

Answers

Answer:

$ 7,322

Explanation:

$2300 per year is an annuity investment. The formula for future annuity value is as below

FV = A × (1 + r)^n - 1 / r

Where A = amount invested periodically

r = interest rate, 6% or 0.06

n = 3 years

Fv = $2300 x{ (1 +0.6)^3 -1} /0.06

Fv = $2300 x (1.191016-1) /0.06

Fv = $2300 x ( 0.191016/0.06)

Fv = $2300 x 3.1836

Fv= $ 7,322.28

Fv= $ 7,322

Miguel is vice president of marketing at xyz corp. He is disappointed to learn that the vice president of sales at xyz earns 20 percent more than he does despite the two positions having similar levels of responsibility and impact. In this example, what method is miguel using to evaluate the fairness of his pay?

Answers

Miguel holds the position of vice-president of marketing at xyz Corp. Because Miguel ended up having $35 more so than he did, he is unsatisfied.

What are the many types of marketing?

The 4 P are a "combination of strategies" that includes four crucial elements for selling a product or service product, price, place, and marketing. Businesses frequently consider the four Ps when creating plans and objectives for reach their intended audiences.

What is an effective marketing example?

In a word, it is an effort to make customers aware of a business's offers, which can include both physical goods for sale or services rendered. Advertising on television, on billboards along the highway, and in magazines are all common examples of marketing in action.

Briefing

He spends $35 × 4 = $140.

He earns $21 × 5 = $105.

His net increase is $105 -140 = -$35.

Miguel ends up with $35 less than he started with.

To know more about marketing visit:

https://brainly.com/question/11531316

#SPJ4

in the context of the leadership grid, the works to motivate employees to reach their highest levels of accomplishment, is flexible, is responsive to change, and understands the need for change. a. team manager b. country club manager c. impoverished manager d. authority-compliance manager

Answers

In the context of the leadership grid, the team manager works to motivate employees to reach their highest levels of accomplishment, is flexible, is responsive to change, and understands the need for change. The correct answer is (a) team manager.

Based on the description provided, the style of leadership described is that of a team manager. The leadership grid is a framework that categorizes leadership styles based on the leader's concern for people (represented on the y-axis) and concern for task (represented on the x-axis). A team manager is high in both people and task concerns, which makes them flexible, responsive to change, and able to motivate employees to reach their highest levels of accomplishment. In contrast, an authority-compliance manager is high in task concern but low in people concern, which can make them inflexible, resistant to change, and focused solely on achieving goals at the expense of employee satisfaction and morale.

To know more about leadership grid, visit:

https://brainly.com/question/29489145

#SPJ11

the following financial statements and additional information are reported. ikiban incorporated comparative balance sheets at june 30 2021 2020 assets cash $ 102,700 $ 52,000 accounts receivable, net 77,000 59,000 inventory 71,800 98,500 prepaid expenses 5,200 7,000 total current assets 256,700 216,500 equipment 132,000 123,000 accumulated depreciation—equipment (31,000) (13,000) total assets $ 357,700 $ 326,500 liabilities and equity accounts payable $ 33,000 $ 42,000 wages payable 6,800 16,600 income taxes payable 4,200 5,400 total current liabilities 44,000 64,000 notes payable (long term) 38,000 68,000 total liabilities 82,000 132,000 equity common stock, $5 par value 236,000 168,000 retained earnings 39,700 26,500 total liabilities and equity $ 357,700 $ 326,500 ikiban incorporated income statement for year ended june 30, 2021 sales $ 718,000 cost of goods sold 419,000 gross profit 299,000 operating expenses (excluding depreciation) 75,000 depreciation expense 66,600 157,400 other gains (losses) gain on sale of equipment 2,800 income before taxes 160,200 income taxes expense 44,690 net income $ 115,510 additional information a $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. the only changes affecting retained earnings are net income and cash dividends paid. new equipment is acquired for $65,600 cash. received cash for the sale of equipment that had cost $56,600, yielding a $2,800 gain. prepaid expenses and wages payable relate to operating expenses on the income statement. all purchases and sales of inventory are on credit. required: (1) prepare a statement of cash flows using the indirect method for the year ended june 30, 2021. (amounts to be deducted should be indicated with a minus sign.)

Answers

In order to calculate the ratio you must first calculate the cash flow generated or used from operating activities, as shown below.

Cash flows from operating activities

Profit $115,510

Adjustments for:

Depreciation Expense $66,600

Working capital changes:

(Increase) / Decrease in the trade and other receivables -18,000

(Increase) / Decrease in the inventories $26,700

(Increase) / Decrease in prepaid expenses $1,800

Increase / (Decrease) in trade payables $-9,000

Increase / (Decrease) in wages payable -9,800

Increase / (Decrease) in income tax payable -1,200

Cash generated / provided by operations $172,610

So then, divide cash generated / provided by operations by average total assets.

$172,610 is the cash generated

Average total assets = ($82,000 total assets June 2017 + $132,000 total assets June 2016) / 2

$172,610 / $107,000 = $1.61 cash flow on the given total assets ratio

Hence, for every $1 in total assets the company generates $1.61 of cash flow.

To learn more about cash flow here:

https://brainly.com/question/28238360

#SPJ1

Rightway Construction's project manager has been given the task of planning and implementing the construction of a playground for the city of Northville. All construction plans and documents have been provided as well as a budget amount and completion date. Based on the above scenario, and assuming the project manager has studied all construction plans and documents and reviewed the budget, the next step for the manager will be to __________.

Answers

Explanation:

create a project schedule flow chart

during 2022 blake transferred a corporate bond with a face amount and fair market value of $20,000 to a trust for the benefit of her 16 year-old child. annual interest on this bond is $2,000, which is to be accumulated in the trust and distributed to the child on reaching the age of 21. the bond is then to be distributed to the donor or her successor in interest in liquidation of the trust. present value of the total interest to be received by the child is $8,710. the amount of the gift that is excludable from taxable gifts is

Answers

The amount of the gift that is excludable from taxable gifts is approximately $20,000.

The amount of the gift that is excludable from taxable gifts is based on the annual gift tax exclusion amount set by the IRS, which for 2022 is $16,000 per donor per recipient.

In this case, Blake made a gift of the corporate bond to her child, so the first $16,000 of the gift is automatically excluded from taxable gifts. The remaining $4,000 ($20,000 - $16,000) is subject to gift tax, but Blake can apply her lifetime gift tax exemption to reduce or eliminate the tax liability.

To determine the amount of the gift that is excludable from taxable gifts, we need to calculate the present value of the gift using the applicable federal rate (AFR) for the month of the gift. Let's assume that the AFR for the month of the gift was 2%, and use that to calculate the present value of the future $2,000 annual interest payments;

PV = $2,000 / (1 + 0.02)⁵ + $2,000 / (1 + 0.02)⁶ + $2,000 / (1 + 0.02)⁷ + $2,000 / (1 + 0.02)⁸ + $2,000 / (1 + 0.02)⁹

PV = $7,032.31

This means that the present value of the future interest payments is $7,032.31, which is less than the $8,710 present value of the total interest to be received by the child. Therefore, the $4,000 taxable portion of the gift is also less than the $16,000 annual gift tax exclusion amount, so none of the gift is subject to gift tax.

Therefore, the taxable gifts is $20,000.

To know more about taxable gifts here

https://brainly.com/question/32199783

#SPJ4

The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =$\frac{258.33*20 \%}{12 }$

Finance charge = $4.3055