Which describes a type of tax that funds city programs?

Anthony picked up a package of paper plates and noticed that there was a coupon stuck onto the package that stated, "Save 50 cen

Scorpion4ik [409]

Answer:

e. instantly redeemable coupon

Explanation:

Instantly redeemable coupon -

It is the type of coupon , which is provided along with the goods or services , the person opt for , is referred to as instantly redeemable coupon.

This coupon , can be applied easily at the time of purchase and hence can avail the given discount.

These coupons are given , in order to attract more customers and increase the production.

3 0

3 years ago

Trade-offs between the characteristics that make information useful may be necessary or beneficial. Issuance of interim financia

SashulF [63]

Answer:

A- relevance and reliability

8 0

3 years ago

Which section of the business plan contains information about the financial history of the company? A. Financial Analysis B. Fun

Romashka [77]

I believe it is A if not then B hope this helps

6 0

3 years ago

Read 2 more answers

Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and

Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500 ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100 .......................2

we know interest paid semi annually so time period will be = 10

so Amortization of bond premium will be here as

Amortization of bond premium = $\frac{2100}{10}$

Amortization of bond premium = $210 .................3

so Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0

3 years ago

Maloney's, Inc. has found that its cost of common equity capital is 17 percent and its cost of debt capital is 6 percent. The fi

Gwar [14]

Answer:

11.64%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of common stock) × (cost of common stock)

where,

Weighted of debt = Debt ÷ total firm

The total firm includes debt, preferred stock, and the equity which equals to

= $3,000,000 + $2,000,000 = $5,000,000

So, Weighted of debt = ($2,000,000 ÷ $5,000,000) = 0.40

And, the weighted of common stock = (Common stock ÷ total firm)

= $3,000,000 ÷ $5,000,0000

= 0.60

Now put these values to the above formula

So, the value would equal to

= (0.40 × 6%) × ( 1 - 40%) + (0.60 × 17%)

= 1.44% + 10.2%

= 11.64%

8 0

3 years ago