Answer:
Depreciation and amortization is $7.5 million
Explanation:
If the tax rate is 40%, then the net income is 60%
tax expense=net income*tax rate/60%=$5.4 million/60%*40%=$3.6 million
Depreciation and amortization=EBITDA-tax-interest-net income
EBITDA is $22.5 million
interest is $6 million
net income is $5.4 million
Depreciation and amortization=$22.5 milion-$6 million-$3.6 million-$5.4 million
Depreciation and amortization=$7.5 million
Someone who is a natural leader exhibits this pearning pattern : Strong willed
learner.
-Hope this helps.
Answer:
C. Trading Securities
Explanation:
Trading securities refer to those securities which are purchased not with the intention of holding them till maturity, but to realize the gains arising as a consequence of short term price movements.
Bonds refer to debt instruments issued by the borrower for raising long term finance whereby the borrower promised to pay fixed coupon rate of interest on timely basis and principal repayment upon redemption.
In the given case, bonds purchased with the intention of selling in the near future with an objective to benefit from short term price movements represent trading securities. The benefit would be in the form of short term capital appreciation.
Answer: Option (c) is correct.
Explanation:
Given that,
Alternatives for a person if he do not attend his neighbor's barbecue:
(1) Watch television with some friends = he value this at $17
(2) Read a good novel = he value this at $14
(3) Go in to work = he could earn $16 during the barbecue
Opportunity cost is the benefit that is foregone for an individual by choosing one alternative over other alternatives available to him.
If the opportunity cost is lower for an individual then this will benefit him whereas if the opportunity cost is higher then this will not benefit the individuals.
Therefore, the opportunity cost of going to his neighbor's barbecue is the enjoyment he get from watching television with some friends because this is the highest valued alternative forfeited.
