Answer:
5.925%
Explanation:
For computing the cost of debt, first we have to determine the YTM by using the Rate formula that is shown in the attachment
Given that,
Present value = $1,050
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 8% = $80
NPER = 20 year - 1 year = 19 year
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 7.50%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.50% × ( 1 - 0.21)
= 5.925%
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Answer:
Current ratio= 1.3977
Explanation:
Current Ratio:
It is the measure of company ability to pay short term debits of one year. It also tells how company can increase its current assets.
Given:
Total assets=$689,400
Long-term debt=$198,375
Total equity= $364,182
Net fixed assets =$512,100
Sales = $1,021,500
Formula For current Ratio:
Current Ratio=

In a multinational corporation (MNC) where the locus of decision making is decentralized, decisions are made at the top management level.
<h3>What is
multinational corporation?</h3>
multinational corporation serves as one that has different level of management.
Multinational companies are usually involvea in international trade taking into consideration the
political as well as cultural differences into account.
Examples of these corporation are:
- Coca-Cola
- Philip Morris's Marlboro brand
- Pepsi
In this case, decisions are made at the top management level in other to achieve the goals of the organization because they do operate outside their country.
Learn more on multinational corporation at: brainly.com/question/494475
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Answer:
$1,200
Explanation:
Calculation to determine what Taylor should recognize as revenue in 2018
Recognized Revenue =($4,800 × 3/12 of the contract duration)
Recognized Revenue =$1,200
Therefore Taylor should recognize revenue in 2018 in the amount of $1,200