Answer:
$11,895,000
Explanation:
Expected annual earnings before tax = $21,000,000
Debt issue = $30,000,000
Interest rate = 9%
Annual Interest expenses = $30,000,000 × 9%
= $2,700,000
EBT = EBIT - Interest expenses
= $21,000,000 - $2,700,000
= $18,300,000
Net income = $18,300,000 × (1 - 35%)
= $11,895,000
Cash flows available to equity holders after recapitalization will be $11,895,000.
Answer:
save each year to reach their goal is $2152.48
save each year to reach their new goal is $2869.97
Explanation:
given data
amount saved = 120,000
Rate of Interest earned = 12.0 %
time = 18th birthday
solution
we consider here annual savings is = P
we use here formula for future value of annuity that is
future value of annuity = P ×
................1
here r is rate and n is time period
put her value
$120,000 = P ×
solve we get P = $2152.48
save each year to reach their goal is $2152.48
and
for $160,000 at 18th Birthday
we consider here annual savings = P
so from equation 1
we put here value
future value of annuity = P ×
$160,000 = P ×
solve and we get P = $2869.97
save each year to reach their new goal is $2869.97
The breakeven stabilization intersect quantity is the number of units that must be sold for the entire income to equal the total cost.
<h3>What is total income?</h3>
Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations.
Revenue is referred to as the money made by a company's main operations. It appears at the top of an income statement and is frequently referred to as the "top line. According to accounting standards, net income is defined as total revenue less total expenses for any given period.
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