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3 years ago

Gaddis the concept of seniority, which some employers use to hire and fire workers is

1 answer:

4 0

If three people work for a company:
A, who has worked there for 5 years,
B, who has worked there for 20 years,
and C, who has worked there for 1 year,
B has seniority over A and C, A has seniority over C. In most companies, this would mean that barring other factors, C would be fired first because C has the lowest seniority. <span />

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Shanken corp. issued a 30-year, 5.9 percent semiannual bond 6 years ago. the bond currently sells for 108 percent of its face va

bazaltina [42]

The pre-tax cost of debt is yield to maturity of the debt.

The yield to maturity of debt is calculated as -

Yield to maturity = ]Coupon payment + ( Face value - Current price) / Number of years)] / [ ( Face value + Current price) / 2]

Here,

Coupon payment = $ 29.50 (semi-annual, thus 5.9% / 2 * 1000)

Face value = $ 1,000

Price = $ 1,000 * 108% = $ 1,080

Number of years = 12 ( semi-annual, thus 6 years * 2)

Pre-tax cost of debt = [ 29.50 + (1,000 - 1080/12)] / [ (1000+1080)/2 ]

Pre-tax cost of debt = 2.196 %

Annual pre-tax cost of debt = = 2.20 % * 2 = 4.40%

After tax cost of debt = ( 1 - tax rate ) * Annual pre-tax cost of debt

After tax cost of debt = ( 1 - 35%) * 4.40 %

After tax cost of debt = 2.86 %

6 0

4 years ago

Morgan Stanley's wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded

Elden [556K]

Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

4 0

2 years ago

A method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to prod

igomit [66]

Answer: Land Residual Method

Explanation:

Land residual method of site evaluation is the method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to produce an indication of the land's contribution to the total property.

This particular method uses income as being the basis for value and is used in appraising income producing properties.

4 0

3 years ago

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expe

Natali5045456 [20]

Answer:

c. $36,070

Explanation:

contribution margin ratio is the ratio of the contribution to sales of an entity for a given period.

contribution margin ratio= contribution/sales

where contribution is the difference between sales and the variable cost

Given;

sales = $137,000

contribution margin ratio = 61% = 0.61

0.61 = contribution/$137,000

contribution = $137,000 × 0.61

= $83,570

Net operating income is the difference between the contribution and the fixed cost.

Fixed cost = $47,500

Net operating income = $83,570 - $47,500

= $36,070

3 0

3 years ago

Multiple Choice Question Mahan Corporation expects total sales to increase by 20% over the next year. The corporation has no spa

AlekseyPX

Answer:

$48,000

Explanation:

The computation of the corporation debt is shown below:

Since the asset is increased by 20%

The present asset is $100,000

ANd, the increased assets is

= $100,000 + $100,000 × 0.20

= $100,000 + $20,000

= $120,000

Now the debt is

= $120,000 × 0.4

= $48,000

hence, the last option is correct

3 0

3 years ago