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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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Svetach [21]

Answer:

Option D Data Dump

Explanation:

The provision of the unneccesary data alongwith the other necessary data to the user is reffered to as Data dumping. Data dumping by the salesperson might affect the opinion because the customer might change his mind to buy a specific product or postpond purchasing the product.

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3 years ago

A gain or loss may be incurred if the sale or trade of an asset is greater than or less than the __________ value of the asset.

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3 years ago

A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w

mixas84 [53]

Answer:

pooling losses

Explanation:

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3 years ago

Use the following information to answer the next two questions. Downey Company bought a delivery truck for $62,000 on January 1,

natita [175]

Answer and Explanation:

The computation of the depreciation expense and book value at the end of 2016 is shown below:

But before that first determine the cost of the asset which is

Cost of the asset is

= Purchase price + rear hydraulic lift + sales tax

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7 0

3 years ago

Folio Company estimates total manufacturing overhead costs to be $80,000 for the year and estimates direct labor hours to be 4,0

gregori [183]

Answer:

Allocated Overhead= $76,000

Explanation:

Giving the following information:

Estimated overhead for the period= $80,000

Estimated direct labor hours= 4,000 for the same period

Actual direct labor hours for the period are 3,800.

<u>First, we need to calculate the estimated overhead rate. Then, we can determine the amount of overhead allocated to work in process for the period.</u>

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 80,000/4,000= $20 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 20*3,800= $76,000

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3 years ago