Answer:
increase the effective interest rate of borrowing
Explanation:
Cost of debt refers to the total cost a company incurs for raising debt which includes fixed coupon rate payments to bondholders.
Cost of debt is calculated using the following formula:
wherein 
= Cost of debt
I = annual rate of coupon payment
t= tax rate
NP = Net proceeds which is par value less issue expenses
when NP is taken as the base, while calculating cost of debt, it is termed as effective interest rate.
So, bond issue costs reduce the net proceeds and thus, increase the effective interest rate of borrowing for the issuer company.
Answer:
It is increases by 0.155 times
Explanation:
As we know that
Current ratio = Current assets ÷ Current liabilities
where,
Current assets = Cash + account receivable + inventory
So in year 1, the current ratio is
= ($7,000 + $18,000 + $34,000) ÷ ($17,000)
= ($55,000) ÷ ($17,000)
= 3.47 times
And, in year 2 , the current ratio is
= ($4,000 + $14,000 + $40,000) ÷ ($16,000)
= ($58,000) ÷ ($16,000)
= 3.625 times
Therefore, it is increases by 0.155 times
A.<span>Checks and Debit Cards both withdraw money directly from a bank account. </span>
They drug test weed. Why would they have crack tests lol
Answer: (A) Controlling
Explanation:
According to the given question, Lesley Torres is the project manager in an organization and she organized a campaign against the deforestation in the Indonesia.
She performing the controlling function by managing all the schedules and also implementing the given process.
The controlling is one of the main function in the management as it ensure all the activities performed accurately and also helps in planning all the activities in an organization. It basically helps in meet the desirable goals of the company by setting a standard performance.
Therefore, Option (A) is correct answer.
