Plug in the volume and radius into the formula, then multiply.
Answer:
...
Step-by-step explanation:
slope= -4/3
y-intercept= -4
y=mx+b
y= -4/3x-4
Answer:
The annual interest tax shield to Salinas Corp would be of $560,000
Step-by-step explanation:
In order to calculate the annual interest tax shield to Salinas Corp if it goes through with the debt issuance we would have to calculate the following formula:
Annual Interest tax shield = Interest * tax
Interest = debt *rate of interest
Interest=$20 million * 0.07
Interest= $ 1.40 million
tax= 40%
Therefore, Annual Interest tax shield =$1.40 million * 0.40
Annual Interest tax shield = $560,000
The annual interest tax shield to Salinas Corp would be of $560,000
