The word that is not a cognate word is caliente
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%
Answer:
Dr. Inventory Write down............(91,000 - 71,600)....$19,400
Cr. Inventory.......................................................................................$19,400
Explanation:
The write down of the inventory value from at the end of the year with a historical cost of $ 91,000 to the current replacement cost is $ 71,600 will be recorded as follows:
<u>Journal Entries</u>
Dr. Inventory Write down............(91,000 - 71,600)....$19,400
Cr. Inventory.......................................................................................$19,400
<u>Being the write down of the value of inventory from historical cost to replacement cost at year end</u>
The distribution of income in the United States has become less equal over the last 20 years. This means that the difference between the rich and the poor has grown. It could mean that the rich have started getting more money while the poor get what they used to get, or even less. In any case, the gap between their income has changed greatly during this time period.
