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3 years ago

When you choose, you are never accountable for the resources used and paths selected?

1 answer:

7 0

If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.

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Advance, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 11 years to maturity that is

Usimov [2.4K]

Answer:

a. 3.56%

b. 2.31%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $1,040

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 4% ÷ 2 = $20

NPER = 11 years × 2 = 22 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is = 2 × 1.78% = 3.56%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 3.56% × ( 1 - 0.35)

= 2.31%

5 0

3 years ago

A cement manufacturer has supplied the following data: Tons of cement produced and sold 260,000 Sales revenue $ 1,206,400 Variab

fredd [130]

Answer:

Unitary contribution margin= $2.47

Explanation:

Giving the following information:

Tons of cement produced and sold 260,000

Sales revenue $ 1,206,400

Variable manufacturing expense $ 479,570

Variable selling and administrative expense $ 84,630

First, we need to calculate the total and unitary variable cost:

Total variable cost= 479,570 + 84,630= $564,200

Unitary variable cost= 564,200 / 260,000= $2.17

Now, the unitary selling price:

Selling price= 1,206,400 / 260,000= $4.64

Finally, the unitary contribution margin:

Unitary contribution margin= 4.64 - 2.17

Unitary contribution margin= $2.47

4 0

3 years ago

Read 2 more answers

In a bottle-manufacturing company, employees were divided into two teams, hoping to increase production by fostering competition

dalvyx [7]

Answer: synergy

Explanation: Synergy refers to the idea that the total value and output of two groups of individuals should surpass the total of that same individual components.

Synergy is really a concept most frequently used within mergers and acquisitions (M&A). Synergy is most often a driving factor underneath a merger, or the possible financial gain gained through the combination of businesses.

Stockholders will profit if, owing to the synergistic impact of the transaction, the post-merger stock price of a corporation rises. The projected savings gained through the merger can be linked to various factors such as higher revenues, shared expertise, and innovation, or reduced costs.

6 0

3 years ago

Classify the following topics as relating to microeconomics or macroeconomics.

alexandr1967 [171]

Answer and Explanation:

Microeconomics is the study of the individual regarding the decision related to market demand and supply

While the macroeconomics would deals with the country like gross domestic product, national income etc

Based on this, the classification is as follows:

1. Microeconomics

2. Macroeconomics

3. Microeconomics

4. Microeconomics

5. Microeconomics

3 0

2 years ago

In the theory of deregulation economics, cutting taxes allows people to save more money. Banks then loan that money to businesse

telo118 [61]

True

this never works in practice though

3 0

3 years ago