Answer:
-The right to convert the shares to common shares
-The right to redeem the preferred shares for cash
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:
$28,700
Explanation:
We know that
Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of finished goods manufactured
where,
Total manufacturing cost = cost of direct materials used + direct labor cost + overhead cost
= $408,000 + $56,000 + $72,000
= $536,000
So, the ending work in process inventory would be
= $16,200 + $536,000 - $523,500
= $28,700
Answer:
The new way to produce electricity will increase the industrial output the enviroment can support. Thus, the PPF will expand as the opportunity cost in clean enviroment decreases
However an enviroment is either clear or not clean, there isn't more "clean" so it will not expand on the X axis.
Explanation:
The enviroment will decrease at more industrial output.
As we cannot live in an eviroment at zero habiltability we will never shift to complete industrial output.
But, at more insdustrial output we produce, more will it effect the envorement.