Answer and explanation:
In e-mail messaging, the phrase <em>"low expectation of privacy"</em> refers to the sender must compose the message as if it would be received not only by one person but to a wide audience who might be involved in the subject why the e-mail is being written for.
For business professionals, it represents keeping a formal registry at all moments even if the person to whom the message is being sent has a close relationship. The message could be sent to somebody else or could be read accidentally by another person.
Answer: Over the limit fee
Explanation: This is because since she did not pay the 75 dollars the previous month it rolls over to this month in which she has already spent 180 dollars and her limit is 200 dollars so adding 75 to that 180 dollars would be over the limit, so she would have to pay a fee.
Answer:
The answer is given below
Explanation:
a. Cash Dr.$30,000
Common stock Cr.$30,000
Inventory Dr.$15,000
Cash Cr.$15,000
Cash Dr.$20,000
Sales Revenue Cr.$20,000
Cost of Goods Sold Dr.$9,000
Inventory Cr.$9,000
Advertising Expense Dr.$1,500
Cash Cr.$1,500
b. Cash
Dr. Cr.
Common Stock 30,000 Inventory 15,000
Sales 20,000 Advertising Exp 1,500
C/F 33,500
Common Stocks
Dr. Cr.
C/F 30,000 Cash 30,000
Inventory
Dr. Cr.
Cash 15,000 Cost of Goods Sold 9,000
C/F 6,000
Sales
Dr. Cr.
C/F 20,000 Cash 20,000
Cost of Goods Sold
Dr. Cr.
Inventory 9,000 C/F 9,000
Advertising Expense
Dr. Cr.
Cash 1,500 C/F 1,500
c. Trail Balance
Dr. Cr.
Cash 33,500
Common Stocks 30,000
Inventory 6,000
Sales 20,000
Cost of Goods sold 9,000
Advertising Expense 1,500
Total 50,000 50,000
Answer:
To calculate the after-tax cost of debt, multiply the before-tax cost of debt by <u>(1 - tax rate)</u>.
Water and Power Company (WPC) can borrow funds at an interest rate of 10.20% for a period of four years. Its marginal federal-plus-state tax rate is 45%. WPC's after-tax cost of debt is <u>= 10.20% x (1 - 45%) = 5.61%</u>.
At the present time, Water and Power Company (WPC) has 15-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,329.55 per bond, carry a coupon rate of 12%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 45%. If WPC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)?
<u>B. 4.47%</u>
pre-tax cost of debt = bond's yield to maturity
approximate YTM = {120 + [(1,000 - 1,329.55)/15] / [(1,000 + 1,329.55)/2] = 98.03 / 1,164.775 = 0.08416 = 8.416%
approximate after tax cost of debt = 8.4% x (1 - 45%) = 4.62 = 4.62
since I used the approximate yield to maturity, my answer is not exact. That is why I have to look for the closest available option.