Answer: 8.45%
Explanation:
From the question, we are informed that Holmes Company's currently has an outstanding bonds and has a 8% coupon and a 13% yield to maturity.
We are further told that Holmes believes it could issue new bonds at par that would provide a similar yield to maturity and that its marginal tax rate is 35%.
Holmes's after-tax cost of debt will therefore be calculated as:
= Yield to maturity × (1 - Marginal tax rate)
= 13% × (1 - 35%)
= 13% × (65%)
= 0.13 × 0.65
= 0.0845
= 8.45%
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the total cost of producing 2,900 units:</u>
Total cost= direct material + direct labor + allocated overhead
Total cost= (2*7)*2,900 + (0.5*16)*2,900 + [(0.5*16)*0.6]*2,900
Total cost= 40,600 + 23,200 + 13,920
Total cost= $77,720
<u>Now, the unitary standard cost:</u>
Unitary cost= total cost/number of units
Unitary cost= 77,720 / 2,900
Unitary cost= $26.8
Answer:t-shirt ism. Jd djdjdjdjdjdisjdvdj did jd dis e did sjs g
Explanation:
answer:
explanation: Pressure = force / area
P = 20/ 1×0.6
P = 20/0.6
P = 33,33 N/m^2
Answer: 12,000
Explanation:
Given that,
Stockholder's equity at the beginning of the year = 70,000
Stockholder's equity at the end of the year = 60,000
Dividends = 22,000
Net Income = Ending Balance + Dividends - Beginning Balance
= 60,000 + 22,000 - 70,000
= 12,000
Therefore, the net income for the year was 12,000.
