During 2021, Jasmine, a self-employed individual, paid the following amounts: State income tax $2,400 State sales taxes 2,950 St
1 answer:
You might be interested in
Since the equation would be:
The inequality would be:
It would be :
The most there can be are 48 attendees.
Tell me if this helps by marking the answer, thank you!!
The inequality would be:
It would be :
The most there can be are 48 attendees.
Tell me if this helps by marking the answer, thank you!!
Answer:
The answer is "5.4% and 15,23,500".
Explanation:
Calculating the capital cost:
Maximum amount to be spent
Answer:
d. 5.08%
Explanation:
We have to first calculate the YTM of the bond, and then apply the tax shield.
To get the YTM we have to calculate the rate of return of an annuity of 46.25 for 20 years compounding semiannually at IRR rate and the present value of the face value redeem in 20 years.
IRR = 0.084656891 (it should be done using financial calculator or excel or a similar software program)
then we apply the shield tax to the IRR:
IRR x (1 - tax-rate) = Cost of debt
0.084656891 * ( 1 - 0.4) = 5.0794= 5.08