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3 years ago

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According to a 2002 article in USA Today that was discussed in chapter 5, a researcher has found that 11 of the 15 largest compa

nies have at least two board members who sit together on another board. This is referred to as_____________

1 answer:

lawyer [7]3 years ago

5 0

Answer:

interlocking directorates

Explanation:

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An asset (not an automobile) put in service in June 2019 has a depreciable basis of $1,035,000, a recovery period of 5 years, an

Irina18 [472]

Answer:

The maximum deduction is $207,000.

Explanation:

As per MACRS depreciation table 5 years half year conversion depreciation rate for first year is 20% - 100%/5 = 20%

The maximum deduction is $1,035,000 * 20% = $207,000

7 0

3 years ago

Balance sheet and income statement data indicate the following:

Law Incorporation [45]

Answer:

The correct option is d. 5.5.

Explanation:

Note: This question is not properly arranged. It is therefore rearranged before answering the question as follows:

Balance sheet and income statement data indicate the following:

Bonds payable, 10% (due in two years) $842,000

Preferred 5% stock, $100 par (no change during year) 220,000

Common stock, $50 par (no change during year) 1,672,000

Income before income tax for year 376,000

Income tax for year 89,000

Common dividends paid 83,600

Preferred dividends paid 11,000

Based on the data presented, what is the times interest earned ratio (rounded to one decimal place)?

Oa. 7.9

Ob. 4.5

Oc. 3.5

Od. 5.5

The explanation of the answer is now given as follows:

The times interest earned ratio can be calculated using the following formula:

Times interest earned ratio = EBIT / Interest expenses ................ (1)

Where;

Interest expenses = Bonds payable * 10% = $842,000 * 10% = $84,200

EBIT = Earnings before interest and taxes = Income before income tax for year + Interest expenses = $376,000 + $84,200 = $460,200

Substituting the values into equation (1), we have:

Times interest earned ratio = $460,200 / $84,200 = 5.46555819477435

Rounded to one decimal place, we have:

Times interest earned ratio = 5.5

Therefore, the correct option is d. 5.5.

4 0

2 years ago

As the executive of a bank or thrift institution you are faced with an intense seasonal demand for loans. Assuming that your loa

solniwko [45]

I believe u should not give put loans at all ,or make the interest rate very low so they 'll have a better chance to pay it off

5 0

2 years ago

Total transaction costs, based on the assumptions provided, are expected to be:

Jobisdone [24]

Based on the costs of acquisition of Walmart by Amazon, the total transaction costs would come to B. $22,002.

<h3 /><h3>What are the total transaction costs?</h3>

Equity financing cost:

= 5.5% x 241,350.75

= $13,274.29

Debt financing cost:

= 1.5% x 241,350.75

= $3,260.26

Other transaction costs:

= $3,000

Target debt redemption premium:

= 70,242 x 3%

= $2,107.26

The total transaction costs are:

= 13,274.29 + 3,260.26 + 3,000 + 2,107.26

= $22,002

Find out more on acquisition costs at brainly.com/question/14300655

#SPJ1

8 0

1 year ago

You and your friends want to buy a condo at the beach to time share. Each of you has single peaked preferences with a most prefe

Gemiola [76]

Answer:

Individual Cost Shares to be enjoyed

Mabel $10,000 10000 / 150000 = 6.67%

Gertrude $20000 20000 / 150000 = 13.3%

Myron $30000 30000 / 150000 = 20%

Wilber $40000 40000 / 150000 = 26.6%

You $50000 50000 / 150000 = 33.3%

Explanation:

peaked preferences

Most preferred value to spend :

Mabel = $10,000

Gertrude = $20,000

Myron = $30,000

Wilber = $40,000

you = $50,000

cost of Condo = $150,000

<u>Implementing a Uniform rule mechanism to allocate costs and shares </u>

The uniform rule ; ∑ j∈I Uj (p) = Ω.

where Ω = fixed amount of resource

hence the summation of all allotment should = Ω ( $150,000 )

Number of friends = 5

cost of condo = $150,000

If divide equally each person will have to pay ; $150,000 / 5 = $30,000

Total money to be spent by friends = 10,000 + 20,000 + 30,000 + 40,000 + 50,000 = $150,000

Individual Cost shares to be enjoyed

Mabel $10,000 10000 / 150000 = 6.67∑%

Gertrude $20000 20000 / 150000 = 13.3%

Myron $30000 30000 / 150000 = 20%

Wilber $40000 40000 / 150000 = 26.6%

You $50000 50000 / 150000 = 33.3%

∑shares ≈ 100% ( 150,000 )

6 0

3 years ago