Insurance sales, tax preparation, personal financial advising, and investment fund management are careers in which

Your firm currently has $ 100 million in debt outstanding with a 10 % interest rate. The terms of the loan require the firm to r

balu736 [363]

Answer:

$8.30 million approx

Explanation:

The computation of the present value of the interest tax shield is shown below:

Year 0 1 2 3 4

Outstanding debt $100 million $75 million $50 million $25 million $0

Less: Interest $10 million $7.5 million $5 million $2.5 million

Less: Tax shield at 40% $4 million $3 million $2 million $1 million of interest

Discount factor at 10% 0.90909 0.82645 0.75131 0.68301

Present value $3.63 million $2.48 million $1.50 million $0.683 million

So, the present value is $8.30 million approx

The discount factor should be computed below

= 1 ÷ (1 + rate) ^ years

6 0

4 years ago

A food handler is prepping a seafood coconut curry dish on april 4 using shrimp and scallops. the shrimp has a use-by date of ap

fgiga [73]

The correct answer would be April 8.

Explanation:

A food handler or a chef is prepping a seafood coconut curry dish on April 4. This dish uses shrimps and scallops as ingredients. Shrimps has an use by date of 8th April, and the scallops has the use by date of 10th April. So now the use by date of seafood coconut curry needs to be determined.

It is very simple to determine the use by date of seafood coconut curry. The use by date of both ingredients would be seen, and the use by date of any product which is earlier than use by date of the other, would be set as the use by date of the seafood coconut curry.

So the use by date of shrimps is April 8, so the use by date for the seafood coconut curry would be April 8 too, otherwise due to the expiration of the shrimps on April 8, the whole food will be wasted.

Learn more about the similar concept at:

brainly.com/question/11360013

#LearnWithBrainly

6 0

4 years ago

When banks have less money in required reserves they lend more money out to people and business. So Lower reserves usually help

RideAnS [48]

Answer:

Lower reserves increase the money supply in the economy.

Banks can either keep deposits in reserves or give them out as loans.

the lower the reserve ratio, the higher the money multiplier and the higher the money supply.

Lowering the reserves can be a form of expansionary monetary policy

Explanation:

Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.

If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out

Increase in the total value of checkable deposit is determined by the money multiplier

Money multiplier = 1 / reserve requirement

Increase in value of total deposit = amount deposited / reserve requirement

Assume 100 is deposited in a bank and the reserve requirement is 10%

Increase in value of total deposit = 100 / 0.1 = 1000

Imagine that the reserve is reduced to 5%

Increase in value of total deposit = 100 / 0.05 = 2000

reducing the reserve requirement increased the value of total deposit and thus the money supply in the economy

7 0

3 years ago

What do organisations need to consider when implementing best practice performance management systems?

kolbaska11 [484]

Answer:

Remember that performance review is NOT performance management. ...

Identify the purpose of managing performance. ...

Clarify the work to be done. ...

Set goals and establish a performance plan. ...

Conduct regular and frequent coaching. ...

Conduct a formal review of performance.

Explanation:

YOU COULD'VE JUST LOOKED IT UPPPPP AHAHAHHABHADGHVDBGVFHJF

7 0

3 years ago

Frolic Corporation has budgeted sales and production over the next quarter as follows: August September Sales in units Productio

Black_prince [1.1K]

Bro its c im sure just put c

5 0

3 years ago