Answer:
B
Explanation:
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The EPA has recently set a strict policy of monitoring the total maximum daily load (tmdl) of nutrients in order to reverse eutrophication in Chesapeake Bay.
<h3>What is EPA?</h3>
The acronym EPA stands for Environmental Protection Agency. It is agency in the United States, whose duty is the protection of people and the immediate environment.
The Environmental Protection Agency is an independent agency of the federal government tasked with environmental protection matters.
The functions of Environmental Protection Agency are:
- Protection of people and the environment from significant health risks.
- Sponsors and conducts research.
- Develop and enforces environmental regulations.
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To find the earnings per share (EPS) the equation is as follows:
EPS = (net income - dividends on preferred stock)/average outstanding common shares
EPS = (1,300,000-300,000)/400,000
EPS = 1,000,000/400,000
EPS = 2.50
Sol-tex has an earnings per share of $2.50
Answer:
The correct answer is: Snob effect.
Explanation:
The Snob effect is a phenomenon that tries to explain why the demand for a good or service increases in the high-income sector while it decreases substantially in the low-income sector. This scenario is created when people need access to rare or exclusive goods or services.
Answer:
The After Tax Cost of Debt = 0.072 or 7.2%
Explanation:
The question is to determine the After Tax Cost of Debt for Rolling Stone.
This is carried out as follows
Step 1: When we decide to calculate the Yield to Maturity, it should be noted that Market Value = Par Value
Therefore,
Coupon Rate which is the same as the Yield to Maturity (YTM) = 12%
Step 2: Based on this derivative, therefore,
After Tax Cost of Debt = Yield TO Maturity Rate (1-Marginal Tax Rate)
= 12% (1-40%)
= 0.12 (1-0.4)
The After Tax Cost of Debt = 0.072 or 7.2%