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Simora [160]
3 years ago
9

PAC money is directed primarily toward: a. liberal candidates regardless of whether they are incumbents or challengers b. congre

ssional challengers c. conservative candidates regardless of whether they are incumbents or challengers d. congressional challengers who run against party leaders of either party e. congressional incumbents
Business
1 answer:
pogonyaev3 years ago
7 0

Answer:

E) Congressional incumbents

Explanation:

PAC money is directed primarily toward congressional incumbents, and this can easily be verified on the web. For example, both Nancy Pelosi, a democrat, and Brian Fritzpatrick, a republican, are among the top incumbents by number of money received from PACs, thus, party affiliation is not as important as it is incumbent status.

This is probably because incumbents are more likely to win elections, whether in the senate, the house, or even, the presidency.

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Tresset [83]

Answer:

The WACC change if the new tax rate was adopted is - 0.35%

Explanation:

For computing the WACC change, first we have to determine the after tax cost of debt by applying the 40% and 45% tax rate which is shown below:

After tax Cost of debt = Cost of debt × ( 1- tax rate)

For 40% tax rate, it would be

= 7% × ( 1 - 40%)

= 4.2%

For 45% tax rate, it would be

= 7% × ( 1 - 45%)

= 3.85%

The change in WACC would be

= 3.85% - 4.2%

= - 0.35%

7 0
3 years ago
HI HOWS UR DAY GOING
Thepotemich [5.8K]

Answer:

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Explanation:

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4 0
3 years ago
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Which factors indicate the economic development of a country?
Lostsunrise [7]

Answer:

Six Factors That Affect Economic Growth

Natural Resources. The discovery of more natural resources like oil, or mineral deposits may boost economic growth as this shifts or increases the country's Production Possibility Curve. ...

Physical Capital or Infrastructure. ...

Population or Labor. ...

Human Capital. ...

Technology. ...

Law.

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3 years ago
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Landings Glassware Company issues $1,150,000 of 15%, 10-year bonds at 95 on February 28, 2019. The bonds pay interest on Februar
I am Lyosha [343]

Answer:

B. debit to Cash for $1,092,500

Explanation:

The journal entry to record the issuance of the bond is shown below:

Cash Dr ($1,150,000 × 95%) $1,092,500

Discount on bond payable $57,500

      To Bond payable $1,150,000

(Being the issuance of the bond is recorded)

Here the cash and discount is debited as it increased the assets and discount while the bond payable is credited as it also increased the liabilities

Therefore option B is correct

8 0
2 years ago
Dandee Lions, Inc. Has a cash balance of $105,000; accounts payable of $290,000; inventory of $213,000; accounts receivable of $
Firdavs [7]

Answer:

The answer is $758,000.

Explanation:

Net working capital is total current asset minus total current liability i.e total current asset - total current liability

Total current assets equals($918,000) $105,000 +$290,000 + $213,000 + $310,000.

Total current liabilities equal($160,000) $95,000 +$65,000

Therefore, net working capital is:

$918,000 - $160,000

= $758,000

3 0
3 years ago
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