Answer: 12.29%
Explanation:
Municipal bonds are tax exempt and so are attractive for this reason. If John is to be indifferent between the two, the corporate bond would have to offer a return that when adjusted for tax, will give the same return as the municipal bond.
Assume that return is x;
x * ( 1 - 17%) = 10.2%
0.83x = 10.2%
x = 10.2%/0.83
x = 12.29%
Answer:
c. $50,400
Explanation:
The computation of the interest expense is shown below:
= Borrowed amount × rate of interest
= $480,000 × 10.5%
= $50,400
hence, the interest expense is $50,400
Therefore the correct option is c.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:The part of the life cycle to which the product belongs is that of Maturity.
Explanation:
Since with the established growth, the next stage in the life cycle is Maturity. Businesses at this stage add features that make the product differ from competitors entering the market.
<h2>Leadership quality is required for the CEO</h2>
Explanation:
Upon all other quality, leadership quality always stands top and allow him / her to be in top position.
When the company is hiring new CEO, he must look out for the following qualities:
- Proven leadership qualities
- Dedication towards the work and mainly organization
- Crisis management to resolve issues
- The proven responsibility
- The achievement made in the previous workplace
- Ability to maintain confidentiality
- Has good convincing skill
- Ability to bring collaboration, cooperation among the team
- Has control over the team
Answer:
The gesture exemplifies its social responsibility.
Explanation:
The social responsibility of an organization is the contribution that it makes to the society because the soiety has made it what it is today. Because the society has contributed to its success, the company must contribute to the society as well. The helping of underprivileged people for free who are part of the society is an evidence that ht company knows its responsibilities towards the society and is an example of corporate social responsibility.
