Interest rate is the cost of borrowing money. when you borrow money from a bank, a certain amount of money is placed on it that you pay back in respect to how long it takes you to pay.
Two of the laws that Tumi manufacturers comply with are
- Labor laws
- Environmental laws.
<h3>What is corporate social responsibility</h3>
This is the responsibility of an organization to the the area where they operate.
The manufacturers have to comply with the labor and the employment laws that have been set in the country that they operate.
Also one of their corporate responsibilities is to ensure safe practices that are safe and not harmful of our environment.
Read more on corporate social responsibility here: brainly.com/question/1373962
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Answer: Go to Microsoft edge the new one and look it up
Explanation:
Answer:
5.37%
Explanation:
According to the scenario, computation of the given data are as follow:-
We can calculate the company’s after tax return on preferred by using following formula:-
Company’s After Tax Return = Before Tax Dividend Yield Rate on Preferred Stock × [1 - (1 - Dividend Exclusive) × (Tax Rate)]
= 6% × [1 - (1 - 70%) × (35%)]
= 0.06 × [1 - (1 - 0.70) × (0.35)]
= 0.06 × [1 - (0.30) × (0.35)]
= 0.06 × (1 - 0.105)
= 0.0537
= 5.37%
We simply applied the above formula to determine the company after tax return
