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Rashid [163]
3 years ago
5

The Miller model begins with the MM model with taxes and then adds personal taxes. True or False?

Business
1 answer:
tankabanditka [31]3 years ago
4 0

Answer:

The statement is: True.

Explanation:

The Modigliani-Miller (<em>M&M</em>) Theorem is used in financial and economic studies to analyze the value of a firm such as a business or a corporation. The M&M theorem states that a firm's value is based on its ability to earn revenue plus the risk of its underlying assets. Thus, the way a company finances its operations should not affect its value.

When it comes to taxes, the M&M theorem states that the capital structure of a company is not affected when there are no taxes. The theorem starts with the corporate taxes to then relate the approach to personal taxes.

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One major negative effect of globalization has been:
aleksandrvk [35]

Answer:

A. environmental damage due to increased production.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.

Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Hence, one of the major advantages of globalization is that, it has ensured or made it possible such that economic and environmental conditions in different countries of the world are related and linked with the intention of generating revenue and profits while providing goods and services to meet the demands or requirements of various consumers across the world.

However, one major negative effect of globalization has been environmental damage or pollution due to increased production by various companies across the world.

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

4 0
3 years ago
A company reports the following: Cost of goods sold $660,000 Average inventory 60,000 Determine (a) the inventory turnover and (
rusak2 [61]

Answer:

the inventory turnover is 11

while the average days outstanding is 33 days

Explanation:

<u>inventory turnover:</u>

the amount of times the inventory rotetes (is being sold) during the period

\frac{COGS}{AVERAGE\: INVENTORY }

660,000/60,000 = 11

The company sold his invenotry 11 times

<u>days outstanding :</u>

time to sale the entire inventory

if it rotates 11 times per year and the year has 365 days then:

\frac{365}{inventory_{TO}}

365/11 = 33.18 = 33days

3 0
3 years ago
Midland Oil has $1,000 par value bonds outstanding at 18 percent interest. The bonds will mature in 20 years. Use Appendix B and
Aleksandr [31]

Answer:

B

Explanation:

6 0
3 years ago
an adult, contracts with Communiserve to purchase, in installments over a period of five years, a very large quantity of service
saveliy_v [14]

Answer:

62). Gerard’s contract is voidable at his option while it is entirely executory.

63) based on the circumstances of the case.

Explanation:

62. Note that, under the restatement, Gerard can avoid the contract legally even though he can perform the contract duty. This is because of his mental state.

63. Evidently a minor cannot avoid a contract just because he says he lacks the legal capacity.

Certainly, the decision to accept his claims would be based on the circumstances surrounding the case.

3 0
3 years ago
Health Resources expects to sell 480 units of Product A and 440 units of Product B each day at an average price of $19 for Produ
dedylja [7]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Health Resources expects to sell:

480 units of Product A

440 units of Product B

Selling price:

Product A= $19

Product B= $32

Cost:

Product A is 40% of its selling price= $7.6

Product B is 62% of its selling price= $19.84

Sales:

Product A= 480*7 days* 19= $63,840

Product B= 440*7*32= $98,560

5 0
3 years ago
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