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3 years ago

Which description applies to the middle class in American society?

Business

2 answers:

Lady_Fox [76]3 years ago

6 0

Answer:

(C).They tend to live comfortably as long as they have jobs

jek_recluse [69]3 years ago

4 0

The answer is c I think

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In the following example, the proposed debt issue would raise $4,000,000; the interest rate would be 10%. In addition, the EBIT

topjm [15]

Answer:

$1.67

Explanation:

The computation of the increase in earning per share is shown below:

But before that first we need to find out the current and proposed earning

per share

Particulars Current Proposed

Number of shares $400,000 $240,000 (a)

EBIT $2,000,000 $2,000,000

Less:

Interest $400,000

($4,000,000 ×0.10)

EBT $2,000,000 $1,600,000

Less

Taxes $0 $0

Net income $2,000,000 $1,600,000 (b)

EPS $5 $6.67 (a ÷ b)

Increase in EPS

= $6.67 - $5

= $1.67

6 0

4 years ago

Calvert Corporation expects an EBIT of $23,300 every year forever. The company currently has no debt, and its cost of equity is

Gnesinka [82]

Answer:

Missing "b-1. What will the value of the firm be if the company takes on debt equal to 50 percent of its unlevered value? b-2. What will the value of the firm be if the company takes on debt equal to 100 percent of its unlevered value?"

a. Current value of the company = EBIT*(1-t) / Ke

Current value of the company = $23,300*(1-0.25) / 0.143

Current value of the company = $23,300*0.75 / 0.143

Current value of the company = $17,475 / 0.143

Current value of the company = $122202.7972027972

Current value of the company = $122,202.80

So, the current value of the company is $122,202.80.

bi. Value of the company = $122,202.80 + (0.25*$122,202.80*0.5)

Value of the company = $122,202.80 + $15,275.35

Value of the company = $137,478.15

bii Value of the company = $122,202.80 + (0.25*$122,202.80*1)

Value of the company = $122,202.80 + $30,550.7

Value of the company = $152,753.5

7 0

3 years ago

The circular flow of income model shows

zloy xaker [14]

the correct answer is letter C:)

Hope it's help!! :))

happy sunny or night

7 0

3 years ago

Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of

Aleksandr [31]

Answer:

The cost of the equipment is $45,416.

Explanation:

The cost of a newly purchased equipment is the addition of all relevant costs uncured in order to make the equipment ready for use.

The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

Freight charges = $624

Installation costs = $696.

Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is $45,416.

5 0

3 years ago

While working in the yard, Tina found a beat-up ring. Becca, an eighteen-year old neighbor, came over to visit and liked the rin

andreev551 [17]

Answer:

The correct answer is letter "B": A gift inter vivos.

Explanation:

A gift inter-vivos refers to the transfer of a property from one party to another while the donor is alive. This transfer must be celebrated through a written agreement providing the beneficiary absolute ownership of the property. In such a case, the donor cannot request the property back and gives up any right over it.

The beneficiary must accept the gift for the transfer to be complete and if the property has value, the beneficiary will accept it as well.

The issue between Tina and Becca relies on not having signed any document for the transfer of the diamond ring but they are involved in an inter-vivos gift.

8 0

3 years ago