Answer:
a. Annual Interest tax shield = Debt * Interest * Tax Rate
Annual Interest tax shield = $35 million *9% *30%
Annual Interest tax shield = $0.945 million
b. PV of tax shield = $35 million *9% *30% / 9%
PV of tax shield = $10.50 million
c. PV of tax shield at 7% = 35million *7% *30% / 7%
PV of tax shield at 7% = $10.50 million
Answer: Best prospects list
Explanation: The best prospects list is usually issued to potential exporters by the International Trade Organization which serves functions such as facilitating trade operations between countries by eliminating several trading issues such as negotiating and reducing trade tariff, regulating restrictive policies and also providing useful information necessary for successful trading to traders.
The provision of best prospects list offers firsthand information to potential traders about available and certified markets and distributor information which could facilitate ease of trading.
Answer:
E. Labor, capital and management
Explanation:
Productivity refers to efficiency in production which means how much output is produced for available level of inputs. It is measured by output/input ratio.
The variables which determine productivity are labor, capital and management.
Capital refers to the amount of investment an entrepreneur makes in a project. Capital invested determines the resources available.
Labor refers to men employed to produce output. Labor cost refers to the wages paid.
Management refers to carrying out operations effectively so that all factors of production work in synchronization and to ensure that everything is in order.
Savings accounts . . .
interest rates are most determined by the state of
the national economy.
Mutual funds . . .
Treasury bills . . .
traded on nationwide exchanges; prices and returns
are pretty uniform nationwide.
Real estate . . .
rests directly on local conditions in each city, and sometimes even in
different parts of the same city;
affected by things like local unemployment, local bad weather,
local price of gas, local tourism, local special events, etc.
Answer:
97 days
Explanation:
In simple interest method, the interest is calculated by the following formula
I= P x R x T
I= interest
P = principal amount
R =interest rate
T= Time
In this case
I=$16
P=$1500$
R= 4% or 0.04%
T= time
$16= $1500 x 0.04 x Time
$16 =60 x Time
Time = 16/60
time = 0.2666 year.
time in days = 0.26666 x 365 days
=97.333 days
=97 days
