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3 years ago

What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt

Business

1 answer:

FinnZ [79.3K]3 years ago

5 0

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

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zloy xaker [14]

Answer:

Explanation:

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The ability to posses this characteristics is one of the qualities of a good entrepreneur.

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3 years ago

Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, investing, or financ

Sphinxa [80]

Answer:

Cash Flow activities for each event are:

a. Redeemed bonds (Financing activity)

b. Issued preferred stock (Financing activity)

c. Paid cash dividends (Financing activity)

d. Net income (Operating activity)

e. Sold equipment (Investing activity)

f. Purchased treasury stock (Financing activity)

g. Purchased patents (Investing activity)

h. Purchased buildings (Investing activity)

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j. Issued bonds (Financing activity)

k. Issued common stock (Financing activity)

-Operating activities entails cash activities related to net income.

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3 years ago

What can the publishing industry learn from the music industry?

damaskus [11]

Answer:

Simply and shortly, the only thing that the Publishing Industry can learn from the Music Industry is that you either Adapt or you Perish.

Explanation:

The music labels and record labels were reluctant to turn towards online platform based music stores and eventually when apple and the android released their iTunes and play store platforms just for the music, the whole industry business model changed and went online and the traditional music stores went to decline.

the online business model was not embraced by the traditional music stores and they paid the price for it.

Today, we see an increasing growth of E books and online publishing of books, journals, news papers, tabloids and magazines. The publishing industry will have adapt for this.

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3 years ago

An invoice, with payment terms of 6/10, n/30, was issued on april 28 for $230.00. if the payment was made on may 12, the amount

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The amount of the payment on May 12 will be the full amount of $230.00

6/10 n/30 means a 6% discount <em>if </em>paid within 10 days and the net amount is due within 30 days. Since the payment was made after 10 days there would be no discount, just the full amount due.

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3 years ago

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Solution :

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