husamramadan83
30.10.2020 •
Business
You are a consultant to the government of Buttony. The government has decided to cut taxes on one of the following: apples, bananas, or cantaloupe. The government wants your input on which fruit would be the best choice for a tax cut. It provides you with the following information. What is your recommendation, and why
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Ответ:
$1,600
Explanation:
Cash paid on 1 July is calculated as below:
Cash paid = Face value * Coupon rate *1/2
Cash paid = $40,000 * 8% * 1/2
Cash paid = $40,000 * 0.08 * 0.5
Cash paid = $1,600