Author Question: Municipal bonds generally appeal to investors A) in low marginal tax brackets. B) in ... (Read 104 times)

khang

  • Hero Member
  • *****
  • Posts: 569
Municipal bonds generally appeal to investors
 
  A)
 
  in low marginal tax brackets.
  B)
 
  in low marginal tax brackets, but who also seek to defer income to later years.
  C)
 
  in high marginal tax brackets.
  D)
 
  in high marginal tax brackets, but who also seek to defer income to later years.

Question 2

Utilizing past cost and expense ratios (percent-of-sales method) when preparing pro forma financial statements will tend to ________.
 
  A) understate profits when sales are decreasing
  B) understate profits when sales are increasing
  C) overstate profits when sales are increasing
  D) neither understate nor overstate profits



JYan

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library