Answer:
a)
Pre-tax Cost Of Debt = 7.64%
b)
Tax Rate = 40%
Post Tax cost of debt = 7.33% * (1 - 40%) = 4.58%
So Post Tax cost of Debt = 4.58%
Explanation:
Bond Par Value = 12,900,000
Bond Market Price 93% of face value = 11,997,000
Years To maturity = 5.00
Annual Interest 5.9% = 761,100
Formula = [Annual Interest + (Par Value-Market Value) / Years to Maturity] / [(Par value+Market Price*2)/3]
Year To Maturity = [761100 + (12900000 - 11997000) / 5] / (12900000 + 2*11997000) / 3
Year to maturity = 7.33%
Answers: i*r*t = 2000*1*4%=80
2000+80=
$2080.00
This is the full question:
Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them questions, and treating their answers as typical of all those in whom they are interested.
Answer:
Sampling
Explanation:
Sampling is a method of statistical analysis where a small number of observations are used to make conclusions about the whole population. Sampling techniques include simple random sampling and systematic sampling.
So when a small group is selected as a representative of representative of the larger population, and responses from this sample is treated as feedback from the whole population it is called sampling.
Sampling is done to make quick conclusions on a large amount of data and saves resources that would have been spent getting responses from the whole population.
Planning function.
Management uses the CVP analysis to determine how changes in costs and volumes affect the company's profitability. They need to perform this analysis in planning their production schedule and levels to optimize value for the company. The planning function will perform this CVP analysis to inform production managers and other executives about how the product costs and volumes affect the levels of net operating income.
