It's 16.282. ok I don't think for sure though
Answer:
$11,895,000
Explanation:
Expected annual earnings before tax = $21,000,000
Debt issue = $30,000,000
Interest rate = 9%
Annual Interest expenses = $30,000,000 × 9%
= $2,700,000
EBT = EBIT - Interest expenses
= $21,000,000 - $2,700,000
= $18,300,000
Net income = $18,300,000 × (1 - 35%)
= $11,895,000
Cash flows available to equity holders after recapitalization will be $11,895,000.
<span>The economy was slowing, but prices were rising, signifying the potential for stagflation.
</span>Stagflation is term used in economics to denote economic situation characterized with high unemployment, rising prices, economic growth. This situation occurs when the overall price level rises rapidly. In our case, <span>"the price of eggs was up 40% and milk was up 26%., which means that the prices raised rapidly.</span>
Answer:
D. Good intentions do not always lead to desirable outcomes.
Explanation:
Here in the question, it is evident that in order to protect the children from poisoning themselves, the government took a good step by passing a regulation to put child-resistance safety caps on the pill bottles.
But it is also evident that this regulation back fired and caused more casualties than before due to the non serious behavior of the general public.
Hence it can be concluded that the government put a good intention but it did not lead to the desired outcome for the government.
Hope I made myself clear buddy.
Good Luck.