Answer:
d. Debt holders get $0 mil. under the unlevered plan vs. 0.6075 mil. under the levered plan
Explanation:
interests paid to debt holders = $13,500,000 x 10% = $1,350,000
generally, interest revenue is taxed as ordinary revenue = corporate income tax rate (if debt holder is a business) or personal income tax (if debt holder is an individual).
under the first plan, debt holders get nothing because there is no outstanding debt since the company is an all equity firm.
under the second plan, if the personal tax rate on interest income is 55%, which is really high, the debt holders will earn $1,350,000 x (1 - 55%) = $607,500
Answer: C. Clip Art
Explanation: Apex Verified
Answer:
The answer is D. All of the options
Explanation:
The Bretton Woods system of of monetary management which was negotiated in 1944 with the aim of creating an international monetary system.
Under this system, representatives of countries agreed to establish a par value of their respective currencies in relation to the dollar. Dollar was pegged at $35 per ounce, and each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.
However, in the early 1970s, President Richard Nixon made the announcement that the United States would no longer be accepting gold in exchange for the dollar, and the put an end to the Bretton Woods system.
Answer:
Conceptual skills
Explanation:
Conceptual skills -
It refers to the ability which enables the person to understand some complicated situation or problem and give a better and innovative alternative for the problem , is referred to as the conceptual skills .
It is the human tendency to deal with some peculiar and strange situation .
Hence , a leader is required to have such skills to deal with the team in a better manner .
Hence , from the given scenario of the question ,
The correct answer is Conceptual skills .
