Answer:
Firms after tax of debt is 6.87%
Explanation:
Firm's after-tax cost of debt is calculated using the RATE function as follow:-
=RATE(nper,pmt,pv,fv)*(1-tax rate)
=(RATE(20*2,40,-894.87,1000)*2)*(1-25%)
=6.87%
<span>Organic foods is using a growth strategy. A growth strategy is a strategy companies use when they want to grow their product depth, customer basis or product knowledge. There are four broad growth strategies to help a company achieve success. The four main growth strategies are </span>diversification, product development, market penetration, and market development.
Answer:
Option (d) is correct.
Explanation:
Given that,
Reserve requirement = 0.08
Demand deposits = $200,000
Holding in reserves = $4,000
Reserve required:
= Reserve Requirement ratio × Amount of demand deposits
= 0.08 × $200,000
= $16,000
Therefore, the reserves in holding is less than the required reserves. Hence, the bank is not meeting its reserve requirement.
Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.
Answer:
Explanation:
Revenue is given by the number of rides per day (Q) multiplied by the price per ride (p):
The number of rides 'Q' for which the derivate of the revenue function is zero is the revenue-maximizing number of rides:
The price per ride at an activity of 5000 rides per day is:
Therefore, the revenue-maximizing price is $5
