Answer:
The after-tax cost of debt is 8.22%
Explanation:
The cost of debt is the actual cost of a business to raise debt finance. Yield to maturity is the cost of debt of a bond.
calculate the YTM as follow
Coupon = $1000 x 7.25% x 6/12 = $36.25
Number of periods = 9 yeas x 12/6 = 18 periods
Use the financial calculator as below
2nd I/Y 2, FV 1000, PMT 36.25, PV -754.08, N 18, CPT I/Y
Yield to maturity = 11.7499%
Now calculate the after tax YTM
YTM ( after tax ) = 11.7499% x ( 1 - 30% )
YTM ( after tax ) = 8.22%
The correct answer is - 4570 inches.
If a geological time of 4.57 billion years is represented with a roll of masking tape, where one inch will represent one million years of geological time, we can come to the result in a very easy manner.
First we have to know how much years are there in 1 billion years... The answer for that is - 1 billion years contains 1.000 million years (1.000.000.000 = .1000 x 1.000.000).
Than we sea that we have 4 billion years at the given number, so if 1 billion years contain 1.000 million years, than 4 billion contain 4.000 million years.
We only have now the 0.57 billion years left, so we multiply 1.000 by 0.57 and we get 570.
So at the end we have 4.000 + 570 = 4570 (million years), and since 1 million years are equivalent to 1 inch length, than we have 4570 inches of masking tape.
Answer and Explanation:
The journal entries are shown below:
1. On Sep 30
Cash $15750
To Sales $15,000
To Sales taxes payable ($15000 ×5%) $750
(Being the cash receipts is recorded)
For recording this we debited the cash as it increased the assets and credited the sales and sales tax payable as it increased the revenue and liabilities
2 On Sep 30
Cost of goods sold $12,000
To Merchandise inventory $12,000
(Being the cost of goods sold is recorded)
For recording this we debited the cost of goods sold as it increased the expenses and credited the merchandise inventory as it reduced the assets
3 On Oct 15
Sales taxes payable $750
To Cash $750
(Being cash paid is recorded)
For recording this we debited the sales tax payable as it reduced the liabilities and credited the cash as it decreased the assets
Answer:
Kanban inventory system
Explanation:
Kanban inventory system -
It refers to as the system , which make sure than the company's stores only the required components in the production or distribution process , is referred to as kanban inventory system .
The Kanban system enables to give indication for reordering or rearrange the stock .
Hence , from the given information of the question ,
The correct answer is Kanban inventory system .
Answer:
C
Explanation:
You add the different transportation expenses.
