Answer:
The amount of the dividends paid for the year is $45366.
Explanation:
Net income = sales - cost - interest - depreciation - (sales - cost - interest - depreciation)*34%
= $811000 - $658000 - $21800 - $56100 - ($811000 - $658000 - $21800 - $56100)*34%
= $75100 - (75100)*34%
= $75100 - $25534
= $49566
Dividends = Opening + Net Income - Closing
= $318300 + $49566 - $322500
= $45366
Therefore, The amount of the dividends paid for the year is $45366.
Answer:
$5,100
Explanation:
Intangible assets are amortized using the straight line method. Originally the amortization was $3,600 per year (= $18,000 / 5). During the first half of 2017, the company had amortized $1,800, and book value was $9,000 for the next 2.5 years.
On July 1st, the legal fees must be added to the book value = $9,000 + $7,500 = $16,500. The new amortization value is $6,600 per year (for 2018 and 2019) and $3,300 for the remaining half year of 2017.
The total amortization for 2017 = $1,800 + $3,300 = $5,100
A. Listing applicant’s qualifications
Explanation:
That should be saved for the body of your paper. The first paragraph is your ‘hook’ for the employer. The employer would be more interested and then read your credentials after B, C, and D.
Answer:
D. A position where an option has been sold.
Explanation:
The option writer has a SHORT position in options. This is when a writer sells a put or call they don't own; in other words, they are short the put or call.
Answer:
After-tax cost of deb = 6%
Explanation:
<em>The cost of debt is the required rate of return payable to investors in the debt instruments of a company. These investors include providers of long term debt finance to the company.</em>
<em>The cost of debt finance can determined by working out the yield to maturity on debt with adjustment for tax. </em>
<em>It is noteworthy that debt finance affords the company a tax savings advantage because interest expense incurred on the use of debt of are tax deductible expense.</em>
After-tax cost of debt = (1- Tax rate) × before-tax cost of debt
Before tax cost of debt = 10%
Tax rate = 40%
After-tax cost of debt = (1-0.4) × 10% = 6%
After-tax cost of deb = 6%