Answer: 4.10%
Explanation:
Solve for the current rate being used using the RATE function on Excel.
Number of periods = 15
Payment = 1,000 * 5% = 50
Present value = Current market price - floatation costs = 900 - 25 = 875
Future value = 1,000 face value
The result will be:
= 6.31%
If tax is 35%, after-tax cost is:
= 6.31% * (1 - 35%)
= 4.10%
Notes, bonds, certificates, mortgages, leases or other agreements between a lender and a borrower are collectively called debt instruments. These are papers or electronic obligations which enable an issuing party to be able to raise funds by making a promise to repay the lender in agreement with the terms and conditions of a contract. It is a legal enforceable evidence of a debt. This document is important because it makes the payment enforceable legally and it would increase the transferability of the obligation. These can be long term or short term obligations. Short term are those to be paid within a year while long term are those paid periodically for more than a year.
an increase in the ending accounts payable balance.
The amount that flows to the accounts payable balance on the business's current period balance sheet is represented by the ending balance in the accounts payable (A/P) roll-forward schedule.
How is the balance of accounts payable determined?
On a company's balance sheet, accounts payable are listed. Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability. Current liabilities are a company's short-term debts, usually lasting less than three months.
What Does an Accounts Payable Expense Example Look Like?
- Logistics and transport.
- Rough Materials
- Fuel, power, and energy.
- Products and apparatus.
- Leasing.
- Licensing.
- Assembly and subcontracting services
learn more about ending accounts payable balance here <u>brainly.com/question/20713676</u>
#SPJ4
Maintaining and improving the information security risk management process in response to incidents is part of the act step. The process of discovering, assessing, and controlling threats to an organization's capital and revenues is known as risk management.
In addition to focusing on internal and external threats, enterprise risk management (ERM) emphasizes the need of managing positive risk. Risk management also investigates the relationship between risks and the cascading effect they may have on an organization's strategic information and goals.
A successful risk management program assists a company in considering the complete spectrum of risks it confronts. These risks arise from a range of information, including financial uncertainty, legal liabilities, technical challenges, strategic management failures, accidents, and natural disasters.
To learn more about risk management, click here
brainly.com/question/4680937
#SPJ4
Answer:
Neither the United States nor Chile has a comparative advantage in chair production.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A countrry has absolute advantage if it produces more quantities of a good when compared to another country.
America:
Opportunity cost in producing chairs = 1,000 / 100 = 10
Opportunity cost in fishing = 100 / 1000 = 0.1
For Chile:
Opportunity cost in producing chairs = 400 / 40 = 10
Opportunity cost in fishing = 40/ 400 = 0.1
Neither the United States nor Chile has a comparative advantage in chair production because they produce at the same opportunity cost.
I hope my answer helps you
