Answer: C. the cost of debt reduces when calculated after taxes.
Debt is one of ways of financing and refers to the quantum of loans taken by a company at an agreed interest rate for a specified period of time. Loans require the borrower to pay interest at specified intervals.
The total interest paid on debt is a tax-deductible expense, and reduces the amount of taxable income on which tax is charged.
If 'i' is the cost of debt, the after-tax cost of debt is calculated as 
, which is lower than the cost of debt.
Answer:
movement down the demand curve.
Explanation:
Analyzing the information above, it is possible to determine that demand is directly affected by high unemployment rates, that is, with less disposable income, people change their consumption habits, which can influence travel and adjacent markets, that is, with fewer people traveling, the less the number of hotel reservations and the less the number of cars on the road traveling, which directly influences the downward movement of the demand curve.
Answer:
Current Ratio = 3.02
Acid test Ratio = 1.62
Explanation:
The current ratio is a measure to assess the liquidity situation of a company. It tells us the amount of current assets available to settle each $1 of current liability. The current liabilities are all the liabilities that are due within a year.
Current Assets = 101 + 93 + 181 + 17 = $392 million
Current Liabilities = 96 + 34 = $130 million
Current Ratio = Current Assets / Current liabilities
Current Ratio = 392 / 130 = 3.015 rounded off to 3.02
The acid test ratio is also a measure of checking the liquidity of a company. However, this ratio measures the amount of most liquid current assets available to settle each $1 of current liability. This excludes inventory from the current assets.
Acid test ratio = (Current assets - Inventory) / Current Liabilities
Acid test ratio = (392 - 181) / 130 = 1.62
Higher interest rates mean that if you invest money in a given currency, you will get a bigger return of this money. So higher interest rates attract people to this currency, especially to place their savings in this currency.
This will mean that people will buy this currency: the demand for it will increase, and with an increased demand, the value of the currency will increase.
So higher interest rates are a force that will lead to an increase of the value of this currency. Together with other forces that will lead to a decrease of this value, they will lead to a fluctuation in the exchange rate.
Answer:
c) 82.33 is the percentage decrease in revenue from tourist to Florida
