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3 years ago

Choose the statement that is incorrect.

Business

1 answer:

Andre45 [30]3 years ago

7 0

Answer and Explanation:

A. During July and August 2014, it is most likely that the expectation was that the euro and the pound would neither appreciate nor depreciate against each other.

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Cost of Debt. Micro Spinoffs Inc. issued 20-year debt a year ago at par value with a coupon rate of 8%, paid annually. Today, th

stealth61 [152]

Answer:

5.925%

Explanation:

For computing the cost of debt, first we have to determine the YTM by using the Rate formula that is shown in the attachment

Given that,

Present value = $1,050

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 8% = $80

NPER = 20 year - 1 year = 19 year

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 7.50%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 7.50% × ( 1 - 0.21)

= 5.925%

8 0

3 years ago

The output of u. S. Citizens who work in canada would be included in the

mestny [16]

The output of u. S. Citizens who work in Canada would be included in the: D. Gross domestic product.

<h3>What is gross domestic product?</h3>

Gross domestic product can be defined as the value of goods or products produce within a country at a particular period of time.

If a united State of American citizen work in Canada the output of the United State citizen will be added to the Gross domestic product of Canada.

Therefore the correct option is D.

Learn more about gross domestic product here:brainly.com/question/1383956

#SPJ12

6 0

2 years ago

Larance Detailing's cost formula for its materials and supplies is $1,910 per month plus $10 per vehicle. For the month of Novem

gladu [14]

Answer:

$2,420

Explanation:

Calculation to determine what The materials and supplies in the flexible budget for November would be closest to:

Using this formula

Cost = Fixed cost + (Variable cost per unit × q)

Let plug in the formula

Cost= $1,910 + $10 × 51

Cost= $2,420

Therefore The materials and supplies in the flexible budget for November would be closest to:$2,420

4 0

2 years ago

Top management of Drexel-Hall is considering closing Store 3. The three stores are close enough together that management estimat

Zarrin [17]

Answer:

Compute the increase or decrease that closing Store 3 should cause in: a. Total monthly sales for Drexel-Hall stores.

total monthly sales should decrease from $1,800,000 to $1,380,000 = a $420,000 reduction

b. The monthly responsibility margin of Stores 1 and 2.

store 1 responsibility margin increased from 10% to 12.55% (2.55% increase)
store 2 responsibility margin increased from 9% to 13.69% (4.69% increase)

c. The company’s monthly income from operations.

increased from $72,000 to $140,200 ($70,200 increase)

Explanation:

Store Store Total

1 2

Sales $660,000 $720,000 $1,380,000

Variable costs $409,200 $453,600 $862,800

Contribution margin $250,800 $266,400 $517,200

Controllable fixed costs $120,000 $102,000 $222,000

Performance margin $130,800 $164,600 $292,200

Committed fixed costs $48,000 $66,000 $114,000

Store responsibility margin $82,800 $98,600 $178,200

Common fixed costs $38,000

Income from operations $140,200

4 0

3 years ago

Mr. Fred Mitchell is requesting the birth record for Amy, his birth daughter. Mr. and Mrs. Mitchell gave Amy up for adoption fou

Troyanec [42]

Answer:

"No" would be the correct choice.

Explanation:

The documentation could not be issued to him whenever their Amy is indeed not Mr. Mitchel's legal offspring attributable to some other individual's custody. They cannot compensate for the demand as well as text.
Whether there is some doubt about either the approved note's authenticity, seek to contact the individual by contacting himself, either correlate signs on organizational documents.

6 0

3 years ago