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Vinil7 [7]
3 years ago
10

?if a corporation issued $8,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if

the income tax rate is 30%?
Business
1 answer:
MrRissso [65]3 years ago
4 0
$8,000,000 - corporate issued
5 % -  annual interest
30 % - income tax rate
Annual net cash cost - ?

Formula and Solution - (8,000,000 x 0.05) x 0.7 = 280,000
Answer: The Annual net cash cost - $280,00
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Von told the sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is c
Elanso [62]

The sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is called a reservation.

The sale force and sell the products and services by using meeting the consumer face – to – face. The salesmen aim to tell and encourage the consumer to buy, or at the least attempt the product.

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Non-public selling is the handiest marketing communication device as it permits salespeople to adapt their presentation to every capability or modern-day customer.

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6 0
2 years ago
Zoning ordinances have changed in the area adjacent to a residential neighborhood. The residents are incensed a retail shopping
vovangra [49]

Answer:

All of the above

Explanation:

The power be exercised in a reasonable manner. The provisions be clear and specific. Freedom from discrimination P.S. I got an A on this

Hopes this helps my loves :)

3 0
3 years ago
Stock J has a beta of 1.23 and an expected return of 13.25 percent, while Stock K has a beta of .84 and an expected return of 10
padilas [110]

Answer:

  • a. What is the portfolio weight of each stock?

Stock J    0,5047  

Stock K   0,4953

  • b. What is the expected return of your portfolio?

Stock J   6,69%

Stock K   5,25%

Portfolio : 11,94%

Explanation:

To find the Beta that equals to market we need to know how much is x (weight of each stock in the portfolio) with an equation of one variable that equals to 1.

Portoflio with the same risk as the market means a beta of 1,00    

1,23 (x) + 0,84 (1-x) = 1    Stock J = 0,4103  

1,23x + 0,84 - 0,84x = 1    Stock K = 0,5897  

1,23x - 0,84x = 0,16    

0,39x = 0,16    

x = 0,16/0,39    

x = 0,4103    

The expected return of the portfolio it's defined by the weight of each stock and the expected return.

Stock J  13,25%  0,5047  6,69%

Stock K  10,60%  0,4953  5,25%

Portfolio       1,00  11,94%

3 0
3 years ago
Severus Co. has to pay 5 million Canadian dollars for supplies it recently received from Canada. Today, the Canadian dollar has
Artist 52 [7]

Answer:

Based on this information, the Canadian dollar is expected to <u>DEPRECIATE BY 0.8%</u> tomorrow, and Severus would prefer to make payment <u>TOMORROW</u>.​

Explanation:

Since the Canadian dollar tends to depreciate by 40% after it appreciates more than 1% against the US dollar, we can calculate the expected depreciation:

expected depreciation = 2% x 40% = 0.8%

Since Severus expects that the Canadian dollar will depreciate tomorrow by 0.8%, it will wait until then to pay its debt.

7 0
4 years ago
On January 1, a company purchased equipment that cost $10,000. The company has not yet recorded depreciation, which is estimated
finlep [7]

Answer:

The adjusting entry is:

Debit Depreciation Expense - Equipment $1,800

Credit Accumulated Depreciation - Equipment $1,800

To record depreciation expense.

Explanation:

The adjusting journal entry records the depreciation expense for the year and adds the expense to the accumulated depreciation account.  The accumulated depreciation account is a contra account to the Equipment account.  The purpose that this contra account serves is to keep the Equipment account at its cost value while the gradual write-off of its value is reflected in an opposite account.

3 0
3 years ago
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