Answer:
C.
Explanation:
Based on the information provided within the question it can be said that the hardest product for a new salesperson to sell would be Management consulting services. This is because unlike the other products listed in the answers, this is not a physical product that they can show the value of to customers. Instead Management Consulting services requires a lot of experience in order to sell and convince the customer that the service will be of value to them.
Answer:
after-tax cost odf debt 0.035 = 3.5%
Explanation:
the debt provides a tax shield for companies, as the interest expense, decrease the net income. Interest decrease income and therefore, the tax income associate with the income.
So the cost of debt with taxes is lower, because it lower the income tax expense
<u>the formula will be:</u>
cost of debt ( 1 - tax-rate)
<u>in this case:</u>
0.05 ( 1 - 0.3) = 0.05 x 0.7 = 0.035
Answer: $206835.87
Explanation:
Based on the following information, Duane's affordable home purchase price will be calculated thus:
Step 1: $67200/12 = $5600
Step 2: $5600 × 33% = $1848
Step 3: $1848 - $320 = $1528
Step 4: ($1528/9.85) × 1000 = $155126.9
Step 5: $155126.9/(1 - 25%) = $206835.87
Note that for step 5, the affordable home purchase price was calculated as:
= Affordable mortgage amount/(1 - down payment%)
Duane's affordable home purchase price is $206835.87.
Answer:
Revenue (Consulting revenue + Rental revenue)=33000+22000=55000.
Operating expense (salaries expense+rent expense)=20000+12000=32000
Selling and administrative expense = 8000
Explanation:
Armani Company
Year end Income statement 2019
Revenue = 55000
less: Operating expense =(<u>32000</u>)
Gross Profit 23000
less :Selling and administrative expense = (<u>8000</u>)
Net profit 15000
Notes: Question should be mentioned the company nature of business so that we can identify company real business.
Answer:
The correct option is $1.14
Explanation:
D1=D0*(1+g)
D1 is year 1 dividend
g growth rate of dividend of 15%
D1=$0.54*(1+15%)
D1=$0.54*(1+0.15)
D1=$0.54*1.15
D1=$0.621
00
D2=$0.621*1.15
D2=$0.71415
We need to apply the discount factor to each of the dividends,the discount factor is 1/(1+r)^n
r is the rate of return of 11%
n is the relevant year
present value of year 1 dividend=$0.62100*1/(1+11%)^1
present value of year 1 dividend=$0.559459459
Present value of year 2=$0.71415*1/(1+11%)^2
Present value of year 2=$0.579620161
Total value present values=$0.559459459
+$0.579620161
=$1.14
