Answer:
$7.2 million
Explanation:
For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities
= $14.3 million - $2.5 million
= $11.8 million
And, the acquisition price of the outstanding stock is $19 million
So, the goodwill would be
= $19 million - $11.8 million
= $7.2 million
For a $104,000 of taxable income, including a long-term capital gain of $5,400, her gross tax liability is mathematically given as
T=$17479
<h3>What is her gross tax liability?</h3>
Generally, the $95000 will be charged with an ordinary tax rate
Capital gain of $5000 will be charged by 12% rate.
Therefore, Tax on $95000
Tx = 14605.50+ 24%*(95000 - 85526)
Tx= $16879.26
ForCapital gain
Cx= 12%*5000
Cx= $600
In conclusion, her gross tax liability
T= 16879.26 + 600
T=$17479
Read more about Arithmetic
brainly.com/question/22568180
Answer:
7.1
Explanation:
Interest rate = Coupon payment / Face value
8% semi annually will be 16% = 160 / 1000
At 90% of par, loan interest = 160 / 900
= 18% or 9% semi annually
Therefore the after tax cost of debt which is given by kd(1-t) = 9% (1 – 0.21)
Cost of debt = 7.1% or 7.1
Answer: Higher interest rate
Explanation:
Expansionary monetary policy is used by the central bank to stimulate the economy in such a way that there'll be a rise in the money supply available in the economy.
The interest rate is also reduced which ultimately leads to a rise in the demand and help improve economic growth. Expansionary fiscal policies on the other hand results in higher interest rate.
Answer: Organization chart
Explanation:
The organization chart is a diagram that shows the relation among the employees in an organization. The organization chart is also used to show the relationship that exists between the departments in an organization or and also shows their functions.
Organization chart can be used as a management tool that is used for planning purposes, and can also be used as a personnel directory.
The purpose of an organization chart is to illustrate the chais of command and reporting relationships that exist within an organization.