Answer:
The company
Explanation:
In corporate limited liabilities company (LLC), members are protected against liabilities. This means that members are not held liable to the losses or debts incurred by the company. Also their personal assets aren't at risk of being collected by whom the companies owes debt to. The burden of liability in this situation rest on the company or corporation.
The total interest due at the end of two months is computed by $480,000 * 0.08 * 2/12 = $6400
As the notes payable charge interest each month interest of $6400/2 = $3200 needs to be accrued. So the adjusting entry to be recorded is:
debit to interest expense 3200
credit to interest payable 3200
Answer:
The answer is 11.44%
Explanation:
Solution
Given that:
Glass maker has a pre-merger of =$5 debt
Equity =$10
The rate on debt =11%
The risk free rate =6%
Tax rate =40%
The levered beta is =1.36
Equity risk premium is= 4%.
Now,
the next step is to find discount to use for Glass maker free cash flows and interest tax savings
Cost of equity (Ke) = Risk free return + Beta ( Market return - Risk free return )
= 6% +1.36( 10%-6%)
=11.44%
Therefore, the rate to be used to discount free cash flows and interest tax savings is 11.44%
No it is not.
To be categorized as 'scarce' a resource must be really hard to get and not all people could get it.
air exist in abundant amount and it's also free. So air definitely not a scarce resources.
hope this helps
Market economy and free enterprise
