Answer:
using the barter system.
the barter system is a system that exchange 1 item to another.
this kind of technique is quite risky because sometimes you got either more or less valuable item.
but for me i prefer using the barter system.
Answer:
Interest rates would rise.
Explanation:
There would be a decrease in the amount of loanable funds borrowed.
if the government were to increase the tax on interest income, a reduction in the amount of funds borrowed would happen because the cost of borrowing would then become higher and people would have to pay more than they would have paid for every amount borrowed
The statement “There is no point
in trying to anticipate things before they happen” is true. Life is complicated;
thinking of things ahead of time will only make matter worse. In order to have
a happy life, one must only think of the current situation and resolve it one
at a time. Stop living with what ifs and
start living with why not.
Answer:
$114,193.55
Explanation:
The calculation of value of the firm is shown below:-
Value of the firm = (((EBIT × (1 - Tax)) ÷ Cost of capital) + (Debt × Tax)
=((($17,100 × (1 - 21%)) ÷ 12.4%) + ($25,000 × 21%)
= ((($17,100 × (0.79)) ÷ 12.4%) + ($25,000 × 21%)
= ($13,509 ÷ 12.4%) + ($25,000 × 21%)
= $108,943.55 + $5,250
= $114,193.55
So, for computing the value of the firm we simply applied the above formula.