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2 years ago

If you receive a loan the money the lender gives you is called

Business

1 answer:

garik1379 [7]2 years ago

3 0

When you receive a loan, the money the lender gives you is called the LINE OF CREDIT. Answer B.

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What is a sinking fund?

rosijanka [135]

A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.

4 0

2 years ago

Buffalo National Corp. (BNC) is currently an all-equity firm worth $320 million with 50 million common shares outstanding. BNC p

balu736 [363]

Answer:

The solution as per the given problem is provided below throughout the explanation portion below.

Explanation:

The given values are:

Debt issued,

= 120

Pretax earnings,

= 80

Tax,

= 35%

All equity firm,

= $320

Number of common stock,

= 50

(a)

Balance sheet before the debt issue's announcement will be:

Assets  320

Debt  0

Equity  320

then,

The total will be "320".

(b)

The per share price will be:

= $\frac{Equity}{Number \ of \ common \ stock}$

= $\frac{320}{50}$

= $6.40$

or,

After tax, the net income will be:

= $EBIT(1-t)$

= $80(1-0.35)$

= $80\times 0.65$

= $52$

(c)

The return on equity will be:

= $\frac{Net \ income \ after \ taxes}{Value \ of \ equity}$

= $\frac{52}{320}$

= $0.1625$

or,

= $16.25$ (%)

5 0

3 years ago

The rate of change is how fast the data is changing. True False

Tasya [4]

Answer:

true

Explanation:

i got it right edg 2020

8 0

2 years ago

Read 2 more answers

A feature of personal selling by salespeople is that it is

dlinn [17]

A feature of personal selling by salespeople is that it is their development of oral conversation.

<h3>What is a Personal selling?</h3>

This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.

However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.