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Ugo [173]
3 years ago
6

All of the following are benefits of debt financing except: Group of answer choices Interest on debt financing is tax deductible

Debt is typically cheaper than equity Debt does not have predefined payment terms Debt can motivate managers to reduce wasteful spending
Business
1 answer:
Tema [17]3 years ago
5 0

Answer:

Debt does not have predefined payment terms

Explanation:

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This is a classic retirement problem. A time line will help in solving it. Your friend is celebrating her 35th birthday today an
xeze [42]

Answer:

a. $21,725.65

b. $19,385

c. 27,421.32

Explanation:

Savings = 125,000

Annuity Formula :

(\frac{1}{1.07})^{30} [  \frac{125,000}{0.07} ( 1 - \frac{1}{1.07 ^}^{20} ) ] = \frac{A}{0.07} ( 1 - \frac{1}{0.07 ^ } ^{30} )

Solving the equation we get,

A  = $21,725.65

7 0
3 years ago
The market for used cell phones is very popular in Barylia. However, several phones available in this market are of inferior qua
irina1246 [14]
Has only one seller I think
5 0
4 years ago
Which of the following users of accounting information are interested in the quality of a company assets?
kaheart [24]

Answer:

D

Explanation:

Well public is all about quality

7 0
3 years ago
Long Market Value: $48,000 Short Market Value: $18,000 Debit: $25,000 Credit: $25,000 SMA: $3,000 Interest charges on the accoun
padilas [110]

Answer:

C. $25,000

Explanation:

The interest charges on the account(margin) are based on the debit balance in the account. Also, credits that came as a result of short sales are usually not matched off against debits in the account, hence interest charges is based on the $25,000 debit balance.

6 0
3 years ago
Operations managers at Alumax Corporation have found that they can achieve efficient production only by producing very large qua
DedPeter [7]

Answer: continuous production process

               

Explanation: In simple words, it refers to a production process in which the organisation has to keep doing the production due to the potential loss of of degradation of the raw materials or any other such factors.

In the given case, the company is able to produce efficiently only if they produce in large quantities.

Hence they should indulge in continuous production process.

7 0
3 years ago
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