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Yuliya22 [10]
3 years ago
12

ICU Window, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with seven years to maturity th

at is quoted at 116 percent of face value. The issue makes semiannual payments and has an embedded cost of 10.6 percent annually. What is the company’s pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Pretax cost of debt % If the tax rate is 40 percent, what is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Aftertax cost of debt %
Business
1 answer:
attashe74 [19]3 years ago
6 0

Answer:

Explanation:

iate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Pretax cost of debt % If the tax rate is 40 percent, what is the aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Aftertax cost of debt %

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The Porch Cushion Company manufactures foam cushions. The number of cushions to be produced in the upcoming three months follows
yKpoI14uk [10]

Answer: 25,200 pounds

Explanation:

Your question is incomplete as it lacked the first part. I attached a completion that I found.

The company has a policy that the ending inventory of foam each month must be equal to 30% of the following month's expected production needs.

This means that in August, the Opening inventory will be 30% of what was is needed in August and the Closing Inventory will be 30% of what is needed in September.

Remember that each cushion requires 2 pounds of foam as stuffing.

Pounds required in August

= 12,000 cushions * 2

= 24,000 pounds

Opening Stock

= 30% * (12,000 * 2)

= 7,200 pounds

Closing stock

= 30% * ( 14,000 * 2)

= 8,400 pounds.

Foam needed to be purchased in August = Pounds required tonbe produced + Closing Stock - Opening Stock

= 24,000 + 8,400 - 7,200

= 25,200

25,200 pounds of foam are what The Porch Cushion Company needs to purchase in August.

7 0
3 years ago
Which change is illustrated by the shift taking place on this graph?
pantera1 [17]

Answer:

i just took this quiz its B

Explanation:

7 0
3 years ago
Read 2 more answers
An organizational chart of a company shows vice presidents with responsibility for key areas such as design, manufacturing, sale
Romashka-Z-Leto [24]

Answer: Functional

Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.

An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.

6 0
3 years ago
Which one of the following regarding the State Disability Insurance (SDI) program is true?
solmaris [256]

Answer:

B) The State Disability Insurance (SDI) program benefits received for a period of disability are not taxable as income, but benefits received for time off under the Paid Family Leave program are federally taxable as income.

Explanation:

Disability insurance benefits are not reported for tax purposes with one exception. If a person are receiving unemployment insurance benefits,

become unable to work due to a disability, and begin receiving disability insurance benefits, your disability insurance benefits are considered a substitution for your unemployment insurance benefits,  and will then be reported for tax purposes.

If disability insurance benefits are reported, a notice will accompany the first benefit payment sent to you advising  that the benefits are being reported to the Internal Revenue Service.  The employment development department will provide you with a 1099G tax form in January showing the reported amounts paid and forward a copy to the Internal Revenue Service.

Paid family leave benefits are reported for federal purposes but not state tax purposes.

Paid family leave benefits are not taxable or reported to the California State Franchise Tax Board.

4 0
3 years ago
Timothy McGreggor, Attorney, P.C., began the year with total assets of $129,000, liabilities of $77,000, and stockholders’ equit
Ahat [919]

Answer:

Ending stockholders' equity $ 68.000

Explanation:

The net income for the year is Revenue - Expenses

so $ 113,000 - $34,000     =   Net Income $ 79,000

Stockholders Equity at end of year

Opening stockholders' equity                 $  52,000

Add: Net income for the year                  $  79,000

Less: Dividends Paid                                <u>$ (63,000)</u>

Ending stockholders' equity                    $  68,000

7 0
3 years ago
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