Answer:
6.50%
Explanation:
The after-tax cost of the debt is the yield to maturity after having deducted the tax shield which is computed using the formula below:
after-tax cost of debt=pretax cost of debt*(1-tax rate)
pretax cost of debt=yield to maturity=10%
tax rate=35%
The after-tax cost of debt=10%*(1-35%)
The after-tax cost of debt=10%*65%
The after-tax cost of debt=6.50%
The answer is: [A]: "vertical scope" .
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Answer:
B.overstatement of assets and an overstatement of owners' equity.
Explanation:
To recognize depreciation expense,the entries required are
Debit depreciation expense
Credit Accumulated depreciation
The accumulated depreciation is a credit balance in the fixed asset account. Depreciation is also an expense that reduces net income and thus reduces the owners equity.
Hence an mission of the adjusting entry to record depreciation expense will result in an overstatement of assets and an overstatement of owners' equity.
The value of the American dollar would go down drastically. By doing that it would increase the prices of basically anything and everything. It will place our country in an immense debt and could potentially have our country fail.
Answer:
Clarity and accuracy are important parts of writing because it helps people understand what the writer is talking about. You don't want people to read your report or proposals and be confused.
Explanation: