1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vova2212 [387]
3 years ago
14

Incite Co. has a 30 percent tax rate. Its total interest payment for the year just ended was $43.4 million. What is the interest

tax shield? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.) Interest tax shield $
Business
1 answer:
inn [45]3 years ago
7 0

Answer: $13,020,000

Explanation:

Given that,

Tax rate = 30%

Total interest payment for the year just ended = $43,400,000

Interest Tax Shield = Tax rate × Total interest payment

                               = 30% × $43,400,000

                               = 0.30 × $43,400,000

                               = $13,020,000

Therefore, the interest tax shield is $13,020,000.

You might be interested in
Steve has been given the charge of managing unskilled labor in the production units of his company. These workers are primarily
AURORKA [14]

Answer:

c. Reward power

Explanation:

  • Reward power is the power to influence employees or to impress employees by giving them some reward for doing certain things. The reward is clear and vague .                                                  
  • so correct option is c. Reward power

4 0
3 years ago
Select all that apply.
Semenov [28]

Answer:

Wildlife conservationists.

Explanation:

Wildlife conservationists are those people who do the practice of protecting wild species and their habitats to prevent species from going extinct. If anyone wants to make a career in Agriculture, Food & Natural Resources, he/she must have to know which species are endangered now and which species might be endangered in the future. Along with this, they must have to understand how those species could be saved from being extinct. After knowing all of these, he/she might select their career as a wildlife conservationist. Among the other three professions which are said in question aren't possible to choose from the side of a person who knows Agriculture, Food & Natural Resources.

7 0
3 years ago
Read 2 more answers
Which of the following helps to maintain the current level of nitrogen in Earth's atmosphere?
zepelin [54]
The answer for this question is a. lightning.

Lightning is an important phenomenon that plays a significant role in nitrogen fixation step in the nitrogen cycle. Lightning helps to "fix" the inert nitrogen present in the atmosphere by breaking nitrogen molecules and combining them with oxygen to form nitrogen oxides. The resulting compounds are then readily absorbed by rain then the soil.
4 0
3 years ago
New seasons market, a locally owned and operated one-stop grocery store based in portland, oregon is committed to providing loca
Dmitry_Shevchenko [17]
I would say that New Seasons is creating a model for a store which sells local products and ones which its' customers approve of ie it could be for a particular type of sardine for example or a particular ethnic food like tamales so that its customers wishes are taken into account and acted upon.
5 0
3 years ago
On January 1, Duffy Enterprises issued $100,000 in bonds that mature in 10 years. The bonds were issued at face value. The bonds
Salsk061 [2.6K]

Answer:

Given that,

Value of bonds issued = $100,000

Maturity period = 10 years

Bonds were issued at face value.

Interest rate = 8%

Interest is paid once per year on December 31.

Since, the bonds are issued at the face value, so there would be no premium or discount on the issue of bonds.

The cash is received by the company for issuing bonds and it is debited. We know that  bonds are a part of liabilities, so they are credited

Therefore, the journal entry is as follows:

Cash A/c Dr. $100,000

     To bonds payable      $100,000

(To record the issuance of bonds)

7 0
3 years ago
Other questions:
  • The rate of interest agreed upon contractually charged by a lender or promised by a borrower is the​ ________ interest rate. A.
    15·1 answer
  • What might happen if an economy is unable to produce wanted goods and services
    6·2 answers
  • In many developing countries, poor farmers plow up marginal land in order to survive. The resulting soil erosion and land degrad
    7·1 answer
  • Ann lives in Princeton, New Jersey, and commutes by train each day to her job in New York City (20 round trips per month). When
    14·1 answer
  • Jeremiah Restoration Company completed the following selected transactions during January: Jan. 1. Established a petty cash fund
    9·1 answer
  • What is the pattern of 0.03 , 0.3 , 3 , 30
    14·2 answers
  • There are three key approaches to entering international markets. each company must decide how to enter each chosen marketlong d
    7·1 answer
  • How do markets function in capitalist system ?
    15·1 answer
  • Which of the following is NOT a repayment plan option?
    12·1 answer
  • How to become a store owner 100 points
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!