He following data are to be used for questions 4 and 5. the parentheses indicate amounts that should be subtracted in the computation of net income. cost of goods sold (6,000) income tax expense (600) interest expense (250) operating, selling, general and administrative expenses (2,300) sales 10,000 what is the company’s income tax rate?

Which of the following best describes the economic effect that results when the government increases interest rates and restricts the lending of money? a. borrowing money becomes more expensive and there is less investment in production. b. the economy grows as investments result in larger profits. c. government spending drives up prices because of greater competition for goods and services. d. consumers save more money and spend less buying goods and services.

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note: