Answer:
the annual pre-tax cost of debt is 10.56%
Explanation:
the beore-tax component cost of debt will be the actual market rate of the bonds, as they offer an interest rate of 11% but are selling at 104 points not at par thus, there is a difference between the rates.
We solve for the rate which makes the coupon and maturity 104
with excel or a financial calculator
PV of the coupon payment
C 5.500 (100 x 11%/2)
time 60 (30 years x 2 payment per year)
rate <em>0.052787474</em>
PV $99.4338
PV of the maturity
Maturity 100.00
time 60.00
rate <em>0.052787474</em>
PV 4.57
<em><u>Adding both we should get 104 which is the amount the bonds is selling:</u></em>
PV coupon $99.4338 + PV maturity $4.5662 = $104.0000
The rate is generated using goal seek or wiht a financial calculator.
This rate is a semiannual rate, so we multiply by 2 to get the annual cost of debt:
0.052787474 x 2 = 0.105574947
The cost of debt for the firm is 10.56%
Answer: judgemental appraisal method.
Explanation: judgemental appraisal method is a form of performance appraisal—a systematic, general and periodic process that assesses an job performance and productivity of employees in comparison to certain pre-established criteria and organizational objectives. The judgmental appraisal method is applied when assessing individual employee's job performance and productivity in areas that are difficult to measure. Vast majority of information gathered and delivered using this technique is subjective though there may be some parts that are objective.
By requesting that each subordinate be rated (performance evaluation) according to how closely the appraisal (pre-determined criteria) describes the employee, the company new form is an example of a judgmental appraisal method.
Answer:
Following are the solution to the given points:
Explanation:
For point a:
After-tax profit for each country.
For Country X:
![Tax \ [ 2,500,000 \times 20\% \ ] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 500,000\\\\ After-tax\ \ profit\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,000,000](https://tex.z-dn.net/?f=Tax%20%5C%20%5B%202%2C500%2C000%20%5Ctimes%2020%5C%25%20%5C%20%5D%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20500%2C000%5C%5C%5C%5C%20After-tax%5C%20%5C%20profit%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%202%2C000%2C000)
For Country Y:
![Pre-tax\ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,200,000\\\\Tax\ [40,00,000 \times 10\%] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400,000 \\\\After-tax\ \ profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000](https://tex.z-dn.net/?f=Pre-tax%5C%20%5C%20Profit%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%202%2C200%2C000%5C%5C%5C%5CTax%5C%20%20%5B40%2C00%2C000%20%5Ctimes%2010%5C%25%5D%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20400%2C000%20%5C%5C%5C%5CAfter-tax%5C%20%5C%20profit%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%201%2C800%2C000)
For point b:
For Country X:
Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].
Answer:
a Competency
Explanation:
Competency refer to set of capabilities an enterprise possesses relating to performance of a task in an efficient manner in a given specific situation.
Competencies are the sum total of skills, knowledge and capabilities. These are developed over time with application of skills and knowledge.
In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.
This represents a case of competency which has built up over time owing to a capability which has emerged out of application of skills, knowledge and environmental advantage.
I think it’s false because no one was buying anything during the depression
