Answer:
<u>Line of credit </u>
Explanation:
A line of credit refers to a mechanism of availing short term credit from banks whereby a borrower is provided with a preset limit till which funds can be availed anytime.
As the borrower repays the money borrowed, the line of credit gets restored to the previous level provided it is an open line of credit.
Line of credit specifies the maximum limit till which money can be borrowed. The rate of interest and repayment time period are decided by the lender which is usually a bank.
Borrower is usually supposed to pay interest upon the money actually borrowed and not the full limit of the line of credit.
Answer:
Pure project
Explanation:
A pure project management structure is one in which a team works full time on a project and the project manager of such project has full control of the project with very little control/interference from the top management levels.
This lesser interference from top management levels the more control and flexibility of the project managers towards accomplishing the project.
Cheers.
Julie is focused on the control managerial function when she measures performance and corrects as necessary. There are five types of management functions and they are planning, organizing, directing, coordinating and control. In the control stage it allows managers to determine how much or how little control over the organization and their employees they wish to have.
Explanation:
Over the past several decades, advances in technology, greatly reduced the cost of making computers which resulted in the decline of the equilibrium price of computers and also resulted in increased equilibrium quantity. The reduction in the computer prices also caused an increase in the consumer surplus.
computer price down -> equilibrium price down
computer price down -> equilibrium quantity up
computer price down -> consumer surplus up
The producer surplus increases due to increase in quantity and at the same time producer surplus decreases due to decrease in price.
computer price down -> producer surplus down
computer quantity up -> producer surplus up
Answer: See explanation
Explanation:
Sales = 747300
Less: Costs = 582600
Less: Depreciation = 89300
EBIT = 75400
Less: Taxes at 22% = 22% × 75400 = 16588
Net income = EBIT - Taxes = 75400 - 16588 = 58812
a. Calculate the OCF.
OCF will be calculated as:
= Net income + Depreciation
= 58812 + 89300
= 148,112
b. What is the depreciation tax shield?
Depreciation tax shield will be:
= Depreciation × Tax rate
= 89300 × 22%
= 89300 × 0.22
= 19646
