Answer:
After-tax cost of debt = 73.06%
Explanation:
Nper = 20*2 = 40
Pmt = 40
Pv = -847.87
Fv = 1000
Tax rate = 25%
<em>Firm's after-tax cost of debt is calculated as follow:</em>
After-tax cost of debt = RATE(Nper, Pmt, Pv, Fv) * (1-tax rate)
After-tax cost of debt = (RATE(20*2,40,-894.87,1000)*2)*(1-25%)
After-tax cost of debt = (0.048709771*2) * 0.75
After-tax cost of debt = 0.097419542 * 0.75
After-tax cost of debt = 0.0730646565
After-tax cost of debt = 73.06%
Answer:
<em>E. rule</em>
Explanation:
A Rule is a <em>statement which sets out a concept or norm and acts as a guideline to direct or enforce action or behavior.</em>
Rules can be classified into four basic categories:
- Folklore: Unpublished rules which are implicitly recognized and communicated through actions.
- Guidelines: widely established and suggested procedures that require flexibility in interpreting and using them.
- Mandates: written commands which wouldn't be disregarded under any conditions and whose infringement is punishable.
- Policies: written rules that indicate a predicted activity and which, under certain conditions, may be permitted or tolerated.
Answer:
we have to divide the money
Explanation:
as it is written its
Three tiered structure ☺️
Answer:
d. Expands an accountant's legal liability to third parties identified by the client as intended recipients of work.
Explanation:
The Restatement of Torts Approach is basically an amendment in American Law. It expands the scope of accounting to be more true and fair in representing the results.
Further it expands the liability of an accountant in the company towards the third party to assure the remaining balance to be paid in proper manner.
This is to confirm the proper outstanding amounts as the company aims, to match the balance with that in the books of third party.
Thus, correct statement is D.
