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3 years ago

Please, help, I will award brainliest!

Business

1 answer:

AysviL [449]3 years ago

3 0

For lower income people:

The more the government puts towards health care would mean there would be a higher quality of life for low income areas allowing them to get access to needed healthcare for no cost to them.

For higher income people / corporate entities:

it would mean higher taxes on the 1% and 0.1% of the richer people and raising taxes on corporations such as higher taxes on dividends.

Summary:

For a SoL on one side to change another side would have to lose.

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$13.15 x 15 days = $197.26

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4 years ago

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4 years ago

A form of csr information that helps managers evaluate the savings generated by using fewer natural resources in a company's ope

aleksley [76]

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brainly.com/question/8003335

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3 0

2 years ago

Braxton Enterprises currently has debt outstanding of million and an interest rate of . Braxton plans to reduce its debt by repa

Vika [28.1K]

Answer:

Interest tax shield in year 0 = $1.155 million

Interest tax shield in year 1 = $0.924 million

Interest tax shield in year 2 = $0.693 million

Interest tax shield in year 3 = $0.462 million

Interest tax shield in year 4 = $0.231 million

Interest tax shield in year 5 = 0

Explanation:

Here is the complete question :

Braxton Enterprises currently has debt outstanding of $55 million and an interest rate of 6%. Braxton plans to reduce its debt by repaying $11 million in principal at the end of each year for the next five years. If Braxton's marginal corporate tax rate is 35%, what is the interest tax shield from Braxton's debt in each of the next five years?

interest tax shield is a reduction in tax paid as a result of interest paid on debt

interest tax shield = (debt amount x interest rate x tax rate)

Interest tax shield in year 0 = $55 million x 0.06 x 0.35 = $1.155 million

Debt in year 1 = $55 million - 11million = $44 million

Interest tax shield in year 1 = $44 million x 0.06 x 0.35 = $0.924 million

Debt in year 2 = $44 million - 11million = $33 million

Interest tax shield in year 2 = $33 million x 0.06 x 0.35 = $0.693 million

Debt in year 3 = $33 million - 11million = $22 million

Interest tax shield in year 3 = $22 million x 0.06 x 0.35 = $0.462 million

Debt in year 4 = $22 million - $11 million = $11 million

Interest tax shield in year 4 = $11 million x 0.06 x 0.35 = $0.231 million

Debt in year 5 = $11 million - $11 million = 0

Interest tax shield in year 5 = 0 x 0.06 x 0.35 = 0

5 0

3 years ago