Answer:
11.57% and 9.02%
Explanation:
For computing the before-tax and after- tax cost of debt we use the RATE formula i.e to be shown in the attachment below:
Given that,
Present value = $1,050 - $20 = $1,030
Future value or Face value = $1,000
PMT = 1,000 × 12% = $120
NPER = 15 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 11.57%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 11.57% × ( 1 - 0.22)
= 9.02%
There will be a formal on-boarding process for all new employee so as to learn the structure and culture of the organization for a standardized process.
<h3>Why is the onboarding process is necessary for new employees?</h3>
"Onboarding processes is required in an organization so as to help the new employee to be able to be fully integrated into the organization.
This will help to prevent or get rid of complaints of the customer about employee not knowing the culture and way of doing things in the organization.
learn more about Onboarding at brainly.com/question/24448358
#SPJ1
Answer:
Progressive tax—A tax that takes a larger percentage of income from high-income groups than from low-income groups.
Regressive tax—A tax that takes a larger percentage of income from low-income groups than from high-income groups
A proportional tax is an income tax system where the same percentage of tax is levied on all taxpayers, regardless of their income.
Explanation:
Answer:
d. multiplying units to be produced by direct materials per unit.
Explanation:
To determine the total direct material, key parameters required are the direct material cost per unit and the number of units to be produced. The product of these two parameters gives the direct material cost required for production.
For example, if there are 10 units of an item to be produced and the direct material cost per unit is $4, the direct material cost needed for production is $40 derived from the product of the number of units and the direct material cost per unit.
Therefore, the right option is d. multiplying units to be produced by direct materials per unit.
Answer:
1. Calculate Cookie Creations’ warranty liability for the shipping costs at December 31, 2020.
warranty liability = 30 x 10% x $60 = $180
2. Record the estimated warranty liability at December 31, 2020.
Dr Warranty expense 180
Cr Warranty liability 180
3. Prepare the summary journal entry (or entries) to record the shipment of the six mixers (four from the 2020 sales and two from the 2021 sales) for warranty repair in 2021.
Dr Warranty liability (= $210 + $55) 265
Cr Cash 265
4. Calculate Cookie Creations’ warranty liability at December 31, 2021.
warranty expense = ($210 - $180) + [(40 x 10% x $60) - $55] = $30 + $185 = $215
Dr Warranty expense 215
Cr Warranty liability 215
