profit is the sum of all the values that customers give up to gain the benefits of having or using a product or service. Hence, option B is correct.
<h3>What is profit?</h3>
The term "profit" refers to the monetary gain realized when the income from a commercial operation outweighs the expenses, charges, and taxes related to operating that enterprise.
Your profit is the amount of money left over after paying your business's expenses. The three main categories of profit are gross profit, operating profit, and net profit. The gross profit is the highest. The balance remaining after paying for the goods and services purchased is shown.
Thus, option B is correct.
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Answer:
$4,420,000
Explanation:
Data provided as per the question
Bond issue value = $13,000,000
Tax rate = 34%
The computation of present value of the tax shield is shown below:-
Present value of tax shield = Tax rate in percentage × Bond issue value
= 34% × $13,000,000
= $4,420,000
Therefore for computing the present value of the tax shield we simply multiply tax rate in percentage with bond issue value.
Answer: A. Lowering the degree of operating leverage.
Explanation:
The degree of operating leverage measure how much the earnings from a project will change as a result of sales.
If you are worried about the cash flow forecasts, it would be best to lower the operating leverage so as to reduce the forecasting error associated with the project. If the operating leverage is high then a small change in sales could impact income in a relatively huge way. By reducing the DOL, the cashflow from the project is easier to forecast and therefore more reliable.
Distributions of income and wealth reveal how power is distributed in society because usually those in the top income bracket control society in all its aspects including banks and other financial institutions, news media politics so that the rich people control society such as in our western capitalist countries despite the facade of democracy. In a socialist society on the other hand, money is distributed equitably amongst the vast majority of the people to meet their basic needs for health and medicine, education, food and clothing and shelter first and foremost.
2002 Alan cocoa so 20 characters is dodo