Answer:
5.372%
Explanation:
Given that
Coupon rate = 6 percent
Yield to maturity = 6.8%
Tax rate = 21 percent
So by considering the above information, the after tax cost of debt is
= Yield to maturity × (1 - tax rate)
= 6.8% × (1 - 0.21)
= 5.372%
We simple multiply the yield to maturity with the after tax rate so that the approximate cost of debt could come
Ignored the coupon rate as it is not relevant for the above computation
Answer:
a. true
b. false
c. true
d. false
e. true
f. false
g. true
h. true
Explanation:
a. we solve for depreciation
$50,460,000/15
= $3364000
this is true
b. retained earnings have no roles to play in this option. false
c. The long term debt has been sen to chaange by
50460000-16741282
= $33718718
true
d. This is false retained earnings have no role to play here.
e. This is true because this is the amount that was used to purchase the plant
f. false since retained earning has nothing to do here.
g. this is true also. the face value of the bond is $33,718,718.
h. this is true. since palnt and equipment is $5046000
I think you might have left out the choices to choose from.
I guess the correct answer is Backed by real wealth
A difference between money issued by colonies and money issued by the Continental Congress was that money issued by each colony was backed by real wealth.
Answer:
a. $8.00
Explanation:
The approach we will use to calculate cost per equivalent unit for conversion using weighted average method consists of the following stages:
1st stage: Add beginning (i.e start of August) conversion cost with conversion costs incurred during August to get total conversion cost
2nd stage: Then divide total conversion cost upon equivalent units of production (units of production for conversion =5300).
Now, lets compute.
Total conversion cost = $15900+$26500
TCC=$42400
Cost per equivalent unit for conversion= $42400÷5300
CPEUC= $8
