Answers
Related Questions
Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.
Answers
Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.
In a visualization regarding the cost composition of your company’s five products, you can see the percentage of direct materials, direct labor and overhead percentages to total costs per unit. Based on this information, please answer the following questions.
1. The workers’ union is negotiating an increase in an hourly wage and an increase in health insurance coverage. If agreed by the management team, which product is more likely to be affected?
2. Assume that your company always uses the following formula to determine the markup: “direct labor to total costs percentage * 50%”. Does this make sense to you? What is the potential problem?
Answers
Trade unions maintain and improve workers' terms and conditions through bargaining with employers.
What are the management decisions ?Workers organized in trade unions benefit from higher wages—the so-called union wage premium. Union bargaining also results in a fringe benefits premium for covered workers. Trade unions reduce wage inequality.
The gross profit of a unit, which is its sales price less its cost to produce or acquire for resale, is divided by the unit's cost to determine the markup %. The markup percentage, which is computed as (12 - 8) / 8, is 50% for an item that costs the business $8 to produce but is priced at $12.
Hence
(a) Product IN 600 and XA - 001 will be affected regarding decision of the the union .
(b) Company is using wrong method for computing Mark up that is senseless .
Learn more about Management Accounting here
https://brainly.com/question/21597572
# SPJ 1
Single Choice
3) When should you say Thank you' to Guests?
O When you ask your Guest to do something.
O When they give you something like payment.
When a Guest asks you a question.
When you ask for their payment.
Answers
The time that you have to say thank you would be When you ask your Guest to do something.
When to say thank you to guestsYou should say "Thank you" to guests in various situations to express your gratitude and appreciation.
When they give you something like payment: It is customary to say "Thank you" to guests when they provide you with payment for your products or services.
When you ask your guest to do something: If you ask a guest to do something for you, such as filling out a survey or providing feedback, it is polite to thank them for their time and effort.
When a guest asks you a question: If a guest asks you a question, it is a sign that they are interested in your business or product. Thanking them for their inquiry can help build rapport and goodwill.
When you ask for their payment: When requesting payment from a guest, it is courteous to express your appreciation for their business and thank them for their payment.
Read more on guests here:https://brainly.com/question/30279443
#SPJ1
please use the above information to answer the following questions not down the multiples you calculated because they will be used for later questions what is the enterprise value-to-EBIT (Ev/EBIT) multiple
Answers
The enterprise value-to-EBIT (Ev/EBIT) numerous $225 million.
The EV/EBIT Multiple is the proportion between enterprise value (EV) and profits before interest and surcharges (EBIT).
Considered one of the most repeatedly used multiples for comparisons among companies, the EV/EBIT multiple relies on working income as the core driver of valuation.
What is the enterprise value to EBIT EV EBIT multiple?Enterprise Value to EBIT (EV/EBIT), also called EV Multiple is a ratio used to to value a company and deliver useful comparisons between similar companies. It is used in trading comparable research and uses the EBIT of a company as the driver of its value.
To learn more about EV/EBIT Multiple, refer
https://brainly.com/question/15413386
#SPJ9
In Chapters 1 and 2 you have been learning about the accounting equation, debits/credits, and account normal balances. The accounting equation is the foundation of accounting. Understanding debits/credits and the account normal balances are just as important. Sometimes, these concepts are difficult to understand and/or remember. Please research the Internet to find fun and easy ways to remember this information. It could be a song, a mnemonic, phrase, video, etc. I need the answer and cititation for the answer
Answers
The best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
What is the accounting equation?The accounting equation shows that assets are equal to liabilities and equity, given each business transaction.
The implication of the above definition is that when a transaction occurs, which may give rise to expenses, losses, gains, and incomes, the assets and liabilities and equity equation remains in balance.
For instance, when a company incurs an expense for cash, the assets (cash) side is reduced by the amount. Similarly, the equity side is also reduced by the same amount.
Thus, the best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
Learn more about the accounting equation at https://brainly.com/question/24401217
#SPJ1
Does the judicial system provide justice? Why or why not?
Answers
Yes. The judicial system provide justice because of the effectiveness and fairness of the judicial system. Key points are: Objective Standards and Due Process, Legal Interpretation and Application, Access to Justice, Procedural Delays and Backlogs.
Objective Standards and Due Process: The judicial system operates based on established laws, legal principles, and constitutional rights. The framework of laws and due process aims to ensure fairness and impartiality in legal proceedings.
Legal Interpretation and Application: Interpreting and applying laws to individual cases can be challenging. Judges play a crucial role in interpreting the law and making decisions based on the specific circumstances of each case.
Access to Justice: The accessibility of the judicial system is a vital aspect of justice. Equal access to legal representation, resources, and the courts is essential to ensure fairness.
Procedural Delays and Backlogs: Lengthy procedural delays and backlogs in the judicial system can compromise justice. Delayed justice may result in prolonged suffering, loss of evidence, and diminished public trust in the system.
For such more question on Legal:
https://brainly.com/question/30811712
#SPJ8
Match each instant message with the appropriate type of recipient.
customer
Tom Louis, a colleague who is also a friend
Sue Fanning, a colleague with whom you've never spoken
Hey! Tell me what you need.
Hi. Did you need any help from me?
Welcome to live chat. How may I help you?
Answers
Match each instant message with the appropriate type of recipient.
Hey! Tell me what you need - Customer Tom LouisHi. Did you need any help from me? - Colleague who is also a friend Sue FanningWelcome to live chat. How may I help you? - Colleague with whom you've never spoken.A business communicator is necessary to growth. If retailer responsibility are the well-treated to the customer. A business can run to long term are the creation the trustworthiness.
If the time to the digital are the online conversation are the asked may I help you? Colleague with whom you've never spoken. Hi. Did you require any help from me? Colleague who is also a friend of Sue Fanning.
As a result, the significance of the instant message with the appropriate type of recipient are the aforementioned.
Learn more about on Customer, here:
https://brainly.com/question/13472502
#SPJ1
Negative effects of globalization in an undeveloped country?
Answers
Answer:
Negative effects of globalization in an underdeveloped country include increased internal disparities, benefits to the educated, increased control of MNCs, etc.
With the increasing growth of globalization all around the world, globalization has also entered countries that are underdeveloped and poor. But this has various negative effects of globalization on these countries.
The negative effect includes control of MNCs. As MNCs establish their companies in underdeveloped countries, they might create a monopoly over these countries and may harm the natural resources. Countries of the west are a good example of creating a monopoly over underdeveloped African countries.
Disparities between the rich and poor will also increase in these countries due to globalization. As globalization increases, the educated will immediately benefit as they know about the world and may know languages like English which are spoken all over the world, creating an advantage over the poor, thus increasing disparities.
Learn more about the negative outcomes of globalization in an underdeveloped country:-
https://brainly.com/question/21865028
Which of the following is an example of an employee benefit for which money is deducted from your paycheck?
Answer: B. Heath insurance
Answers
As an example of an employee benefit, health insurance is one that is paid for out of your income. As a result, choice (B) is accurate.
One sort of insurance that covers all or a portion of the risk of a person needing medical care is health insurance, sometimes referred to as medical insurance or medical aid in South Africa.
Risk is divided among several people, much as other forms of insurance. An insurer can create a standard financial framework, such a monthly premium or payroll tax, to raise the funds necessary to pay for the medical benefits outlined in the insurance agreement by evaluating the income entire risk of health risks and health system expenditures across the risk pool.
Learn more about health insurance, from :
brainly.com/question/28590419
#SPJ2
In the "Input Analysis" section of the spreadsheet model, calculate the correlations between the sales of each type of product and event attendance. Use appropriate ranges from the "Past Event" worksheet for your calculations.
Answers
Answer:
The correct formula will be :
=average(past event tab then col in that tab) use this for att, programs, food, and merch
=AVERAGE('Past Events'!C4:C103)
Explanation:
To calculate the correlation between the sales of each kind of product and event attendance, from the Input analysis part of the spreadsheet model.
According to the information provided, in the targeted cell, we will use formula
=Average(data cells)
and for other part of the question is to calculate sales. For this part we can simply use the sum formula, first, we will sum the sales for a single item in past events column than at the end of the past column.
Thus, the correct formula will be :
=average(past event tab then col in that tab) use this for att, programs, food, and merch
=AVERAGE('Past Events'!C4:C103)
Question 6 of 10
A risk response plan lists your risks, including identified risk causes, description, and
Select an answer:
potential impacts
why the risk can't be avoided
your sponsor's assignee to handle risk
issue register
Answers
A risk response plan lists your risks, including identified risk causes, descriptions, and Option A. potential impacts.
The Risk Response Planning is a process that recognizes potential risks, assesses them, and establishes management plans to reduce or prevent them. Risk response plans should describe the expected outcome of each response action, any significant input from stakeholders, and the time and resources required to carry out the response. A risk response plan typically includes the following sections:
Risk Management Plan Preparation - This section provides guidance for preparing the risk management plan's remainder. It describes the recommended contents of the risk management plan and the recommended process for preparing it.
Risk Identification - This section identifies risk sources that might cause a negative outcome for the project. It also provides a risk identification checklist that the project team can utilize as a starting point for identifying risks.
Risk Analysis - This section analyzes each identified risk's potential impact on project success by estimating the probability of occurrence and the potential effect on the project's objectives.
Risk Response Development - This section outlines the strategies and actions for managing risks. It includes contingency plans for high-priority risks and an implementation plan for all other risks.
Risk Response Control - This section describes how to evaluate the effectiveness of the risk response strategy, establish contingency plans, and implement corrective action as needed.
Risk response plans should be developed in collaboration with stakeholders to ensure that the project's risks are addressed appropriately. In addition, they should be reviewed regularly and updated as necessary throughout the project. The most important part of any risk response plan is the risk response strategy, which describes the specific actions to be taken in response to each identified risk. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Question 6 of 10
A risk response plan lists your risks, including identified risk causes, descriptions, and
Select an answer:
A. potential impacts
B. why the risk can't be avoided
C. your sponsor's assignee to handle risk
D. issue register
Know more about Risk response plan here:
https://brainly.com/question/32658799
#SPJ8
$43.50+10% double their cost
Answers
The total cost would be $47.85.
Calculate the total costThe theory used in this question is the percentage increase/decrease theory.
This theory states that to calculate the percentage increase or decrease of a given number,
you must first multiply the number by the percentage (expressed as a decimal).
Then, you can add or subtract the result from the original number to calculate the new number.
In this case, we multiplied $43.50 by 0.10 to find the 10% increase. We then added that to the original number to find the total cost.
Explanation given below
1. Calculate the 10% of the cost:
$43.50 x 10% = $4.35
2. Add the 10% to the original cost:
$43.50 + $4.35 = $47.85
3. The total cost would be $47.85
To learn more about percentage increase/decrease theory refer :
brainly.com/question/30470847
#SPJ1
Analyse the potential consequences of unresolved conflict within a team.
Answers
Answer:
Unresolved conflict within a team can have various negative consequences for the team members, the team leader, and the organization as a whole1234. Some of these consequences are:
Reduced morale and motivation: Conflicts affect the emotional and psychological well-being of team members. If conflicts remain unresolved, then employees naturally feel stressed out and unable to focus on their job. When conflicts linger on for longer periods of time, then employees feel uncertain about their role and the future. This mental state is the main cause of their low morale and motivation.Poor communication and collaboration: Conflicts create barriers and distrust among team members. They hinder effective communication and information sharing, which are essential for teamwork and innovation. Conflicts also reduce the willingness and ability of team members to cooperate and coordinate with each other, resulting in inefficiency and errors.Decreased performance and productivity: Conflicts distract team members from their core tasks and goals. They consume time and energy that could be otherwise spent on productive work. Conflicts also impair the quality and quantity of work output, as team members may avoid or sabotage each other’s efforts. Conflicts can also lead to missed deadlines, wasted resources, and lost opportunities.Increased turnover and absenteeism: Conflicts create a hostile and unpleasant work environment for team members. They may cause employees to feel dissatisfied, frustrated, or burned out with their job. This may lead them to seek alternative employment or quit altogether. Conflicts may also cause employees to take more sick leaves or avoid coming to work altogether, which affects the availability and continuity of the team.Damaged reputation and customer service: Conflicts can affect the external image and reputation of the team and the organization. They can damage the relationships with customers, clients, partners, or stakeholders, who may perceive the team as unprofessional, unreliable, or incompetent. Conflicts can also affect the quality and timeliness of customer service, as team members may be less responsive, courteous, or helpful to customersUnresolved conflicts within a team can lead to several negative consequences such as:
Decreased productivity, lower morale, loss of trust ,increased turnover, damage to relationships ,missed opportunities.
-Unresolved conflicts can cause tension and distractions, which can decrease productivity and disrupt the work environment.
-Conflicts can lower team morale and create an atmosphere of negativity, which can lead to reduced job satisfaction and motivation.
-Conflicts can cause team members to lose trust in one another, which can make it difficult for them to work together effectively.
-Conflicts can distract team members from important opportunities and prevent them from reaching their full potential.
Therefore, these are the consequences of unresolved conflicts within a team.
Learn more about unresolved conflicts here,
https://brainly.com/question
#SPJ2
Which type of online marketing uses storytelling and information sharing to increase brand awareness?
A- Search Engine Optimization (SEO)
B- Pay-Per-Click (PPC)
C- Content Marketing
D- Mobile Marketing
E- Affiliate Marketing
Answers
Your company, CSUS Inc., is considering a new project whose data are shown below. The required equipment has a 3-year tax life. Under the new law, the equipment used in the project is eligible for 100% bonus depreciation, so the equipment will be fully depreciated at t = 0. The equipment has no salvage value at the end of the project’s life, and the project does not require any additional operating working capital. Revenues and operating costs are expected to be constant over the project's 10-year expected operating life. What is the project's Year 4 cash flow?
Answers
The project's Year 4 cash flow, CF, is just the same as the Year 3 cash flow, CF.
What is the project's Year 4 cash flow?The project's estimated working life is 10 years, during which time income and operating expenses are anticipated to remain stable. We are unable to compute the precise quantities of income and costs because we are not provided with this information. Instead, we'll presump that the project will produce a steady annual cash flow (CF) for the course of its ten-year lifespan. We do not need to account for any depreciation costs for the project because the equipment is depreciated at time zero. The yearly cash flow generated by the endeavor, which we'll assume is CF, will be equal to the cash intake in Year 4 of the project. All operating expenses related to the project in that year, in addition to any taxes that must be paid, will be included in the cash outflow in Year 4. We are unable to compute the particular operational costs or tax rates because we are not given this information. Instead, we'll assume that the project's constant yearly cash flow includes the operational expenses and taxes.
To Know more about Cash Flow Visit:
brainly.com/question/29768594
#SPJ1
During the past year, Stacy McGill planted a new vineyard on 150 acres of land that she leases for $30,000 a year. She has asked you as her accountant to assist her in determining the value of her vineyard operation. The vineyard will bear no grapes for the first 5 years (1–5). In the next 5 years (6–10), Stacy estimates that the vines will bear grapes that can be sold for $60,000 each year. For the next 20 years (11–30) she expects the harvest will provide annual revenues of $110,000. But during the last 10 years (31–40) of the vineyard’s life, she estimates that revenues will decline to $80,000 per year. During the first 5 years the annual cost of pruning, fertilizing, and caring for the vineyard is estimated at $9,000; during the years of production, 6–40, these costs will rise to $12,000 per year. The relevant market rate of interest for the entire period is 12%. Assume that all receipts and payments are made at the end of each year.
Answers
Based on the various costs that Stacy McGill will incur, and the present value of her revenue, the minimum price that Stacy should accept from Ric Button is $376,595.
What amount should Stacy accept?This should be the net present value of her vineyard over 40 years.
Present value of revenue from 1 - 5 years is $0 because no grapes will be grown in the vineyard.
Present value of revenue from 6 - 10 years;
= 60,000 x 3.14772
= $188,863.20
Present value of revenue from 11 - 30 years
= 110,000 x 6.40475
= $704,522.50
Present value of revenue from 31 to 40 years:
= 80,000 x 1,28146
= $102,516.80
Then find the present value of the expenses:
Present value of expenses from 1 - 5 years:
= 9,000 x 4.21236
= $37,911.28
Present value of expenses from 6 - 40 years:
= 12,000 x 10.83393
= $130,007.16
Present value of lease:
= 30,000 x 15.04629
= $451,388.70
The minimum amount Stacy should sell for is therefore:
= 188,863.20 + 704,522.50 + 102,516.80 - 37,911.28 - 130,007.16 - 451,388.70
= $376,595.
Question is:
Eric Button has offered to buy Stacy’s vineyard business by assuming the 40-year lease. On the basis of the current value of the business, what is the minimum price Stacy should accept?
Find out more on net present value at https://brainly.com/question/17185385
#SPJ1
The free enterprise system is a type of economy that?
Answers
Answer:
The governemnt doesnt have many restrictions on buisness, Business has a lot of say in government activity.
Explanation:
Answer:
prevents governments from interfering with businesses.
Explanation:
Earley Corporation issued perpetual preferred stock with an 8% annual dividend. The stock currently yields 7%, and its par value is $100. Round your answers to the nearest cent. What is the stock's value
Answers
Answer:
$114.29
Explanation:
Calculation to determine the stock's value
Using this formula
Stock's value=Annual Dividend /Yield or Rate of return
Let plug in the formula
Stock's value=$8/7%
Stock's value=$114.29
Therefore the stock's valuewill be $114.29
A firm has an average total cost of $50. If it sells 20 units of its product at $80 each, what is its profit?
Answers
It is rare in today's flat world to find important projects that are being completed totally in-house. Group of answer choices True False
Answers
It should be noted that it is not common to find important projects that are being completed totally in-house. Therefore, the statement is true.
In-house projects simply mean the activities or projects that are performed within the same business. In this case, the company's assets and resources are used.
This doesn't normally occur nowadays. This is because companies now outsource their projects to other companies. Therefore, the correct option is True.
Learn more about projects on:
https://brainly.com/question/25009327
A researcher has determined that a two-factor model is appropriate to determine the return on a stock. The factors are the percentage change in GNP and an interest rate. GNP is expected to grow by 3.5 percent and the interest rate is expected to. be 2.9 percent. A stock has a beta of 1.3 on the percentage change in GNP and a beta. of .47 on the interest rate. If the expected rate of return on the stock is 10.2 percent, what is the revised expected return on the stock if GNP actually grows by 3.2 percent and the interest rate is 2.7 percent?
Answers
The revised expected return on the stock is 9.21%.
To calculate the revised expected return on the stock, we need to first calculate the expected return based on the given factors, and then adjust it for the actual values of the factors.
Using the two-factor model, the expected return on the stock can be calculated as
Expected return = risk-free rate + beta GNP × (expected GNP growth) + beta Interest Rate × (expected interest rate)
Given the data in the question, we have
risk-free rate = 2.9%
betaGNP = 1.3
expected GNP growth = 3.5%
beta Interest Rate = 0.47
expected interest rate = 2.9%
Substituting these values into the formula, we get
Expected return = 2.9% + 1.3×(3.5%) + 0.47×(2.9%) = 9.69%
So the expected return on the stock based on the given factors is 9.69%.
To adjust this for the actual values of the factors, we need to calculate the contribution of each factor to the overall return, and then adjust it based on the actual values.
Contribution of GNP factor = betaGNP×(actual GNP growth - expected GNP growth)
Contribution of interest rate factor = betaInterestRate×(actual interest rate - expected interest rate)
Substituting the actual values of the factors, we get
Contribution of GNP factor = 1.3×(3.2% - 3.5%) = -0.39%
Contribution of interest rate factor = 0.47×(2.7% - 2.9%) = -0.09%
So the total adjustment to the expected return is -0.39% - 0.09% = -0.48%.
Therefore, the revised expected return on the stock is
Revised expected return = Expected return + Total adjustment
= 9.69% - 0.48% = 9.21%
Learn more about two-factor model here
brainly.com/question/19527747
#SPJ1
What is the relative use of each form of a business in the United States and how that has changed over time?
Answers
The relative use of each form of a business in the United States are:
They are used to provide services to peopleThey monitor market trends and use this information to make profitThey allow public ownership through buying of sharesTheir uses have changed over time because:
They are more profit oriented now more than beforeThey help in job creation, etcBusiness is any venture that deals in buying and selling for the primary purpose of making profit.
There are different forms of business in the United States and they include:
Sole Proprietorship. Partnership. Limited Liability Company. Business Corporation.Read more here:
https://brainly.com/question/4442710
Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Department completed its processing of 26,600 units and transferred them to the next department. The cost of beginning work in process inventory and the costs added during January amounted to $745,688 in total. The ending work in process inventory in January consisted of 3,600 units, which were 80% complete with respect to materials and 60% complete with respect to labor and overhead. The costs per equivalent unit for the month were as follows:_______.
Materials Labor Overhead
Cost per equivalent unit $14.40 $4.50 $7.90
Required:
1. Compute the equivalent units of materials, labor, and overhead in the ending inventory for the month.
2. Compute the cost of ending inventory and of the units transferred to the next department for January.
3. Prepare a cost reconciliation for January.
Answers
Answer:
1. Material = 2,880
Labour= 2,160
Overhead= 2,160
2. Material=$41,472
Labour=$9,720
Overhead =$17,064
Total $68,256
3. Material =$383,040
Labour=$119,700
Overhead =$210,140
Total $712,880
4. $781,136
Explanation:
1. Computation for the equivalent unit
Equivalent unit
Material3,600*80%
Material = 2,880
Labour 3,600*60%
Labour= 2,160
Overhead 3,600*60%
0verhead=2,160
2) Computation for Cost of ending WIP
Cost of ending WIP
Material = 2,880×$14.40
Material=$41,472
Labour= 2,160× $4.50
Labour=$9,720
Overhead 2,160×$7.90
Overhead =$17,064
TOTAL $68,256
($41,472+$9,720+$17,064)
3) Computation for the Cost of unit transferred out
Cost of unit transferred out
Material 26,600×$14.40
Material =$383,040
Labour 26,600 ×$4.50
Labour= $119,700
Overhead 26,600×$7.90
Overhead =$210,140
TOTAL $712,880
($383,040+$119,700+$210,140)
4) Preparation a cost reconciliation for January
Total Cost to be accounted for $781,136
Cost accounted as
Unit transferred out Cost $712,880
Cost of ending WIP $68,256
Total cost accounted as $781,136
Which of the following statements is true of financial leverage
Answers
Suppose your firm just issued a 30-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 9%. The bonds sold for par value, but flotation costs amounted to 4% of the price. You have a 21% corporate tax rate. What is your firm's cost of debt?
Answers
The firm's cost of debt is 7.11%, if we have a 21% corporate tax rate and the coupon interest rate is 9%.
What is debt?Debt refers to the amount of money borrowed by an individual, organization or government from a lender, with the agreement to repay the borrowed amount with interest over a specified period of time. Debt can take many forms, including loans, bonds, credit card balances, mortgages, and other financial obligations.
Debt is an important aspect of finance and is used by individuals, organizations and governments to fund various activities, such as investing in new projects, purchasing assets, or meeting expenses. Debt can be either secured or unsecured, meaning that it may or may not be backed by collateral. In the case of secured debt, the borrower provides an asset as collateral, such as a house or car, which the lender can seize in case of default.
To calculate the cost of debt, we need to find the after-tax cost of debt. The cost of debt that has been adjusted for the tax savings brought about by the tax-deductible nature of interest payments is known as the after-tax cost of debt.
We must first determine the semiannual coupon payment:
Coupon payment = (Coupon rate x Par value) / 2
Coupon payment = (0.09 x $1000) / 2
Coupon payment = $45
Next, we need to calculate the total flotation costs:
Flotation costs = 4% x $1000
Flotation costs = $40
The net proceeds from the bond issue can be calculated as follows:
Net proceeds = Par value - Flotation costs
Net proceeds = $1000 - $40
Net proceeds = $960
The cost of debt before taxes is the yield to maturity (YTM) of the bond. Excel or a financial calculator can be used to determine the YTM.
For simplicity, we will assume a YTM of 9%.
The cost of debt after taxes may be determined as follows:
Debt service cost after taxes = YTM x (1 - Tax rate)
Debt service cost after taxes = 0.09 x (1 - 0.21)
Debt service cost after taxes= 0.0711 or 7.11%
To know more about fund, visit:
https://brainly.com/question/14705214
#SPJ1
Which trade organization is responsible for 90% of the world's trade Brainly?
Answers
The international shipping industry is responsible for the carriage of around 90% of world trade.
What does organization mean in plain terms?Putting things with each other in a logical order is the concept of organization (British English: organization). It's "to organize," the verb. An enterprise is a team of individuals who cooperate. Organizations are necessary because group efforts are more effective than individual efforts.
What in business is an organization?An corporation created with the goal of business operations is a large corporation. A system of laws governing contract and trade, property ownership, and incorporating is the foundation of such an organization.
To know more about Oragnization visit:
https://brainly.com/question/28465564
#SPJ4
When estimated costs are used in applying the cost-plus approach to product pricing, the estimates should be based upon ideal levels of performance.
True
False
Answers
The cost-plus model must be used to price products, and estimated costs must be based on ideal performance levels. True
What does "approach" mean?in regards of proximity, closeness, quality, number, time, or space, to get closer or even closer: We could just pick out the oncoming train in the distance. If i look out your window here on the left, you have seen we are now coming close to a Eiffel Tower.
What does it mean to have a Apporach outlook?Having a positive outlook refers to being upbeat about oneself, one's situation, and interpersonal interactions. Those with optimistic attitudes remain upbeat and see the best in the most trying situations.
To know more about approach visit:
https://brainly.com/question/19424967
#SPJ4
when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibility C. the strategic approach D.the pluralistic.
Answers
List excel formulas for n 20--, the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer’s pay on (a) November 15 and (b) December 31.
Name and Title Annual Salary OASDI Taxable Earnings OASDI Tax HI Taxable Earnings HI Tax
Hanks,Timothy, President $168,000
Grath, John, VP Finance 144,000
James,Sally, VP Sales 69,600
Kimmel, Joan, VP Mfg. 54,000
Wie, Pam, VP Personnel 51,600
Grant, Mary, VP Secretary 49,200
Answers
To calculate FICA taxes to be withheld from each officer's pay, we need to first calculate their semi-monthly salaries and then their OASDI and HI taxable earnings.
Assuming there are 24 pay periods in a year (12 months * 2 pay periods per month).
The semi-monthly salaries for each officer are as follows:
Hanks, Timothy, President: 168,000 / 24 = $7,000
Grath, John, VP Finance: 144,000 / 24 = $6,000
James, Sally, VP Sales: 69,600 / 24 = $2,900
Kimmel, Joan, VP Mfg.: 54,000 / 24 = $2,250
Wie, Pam, VP Personnel: 51,600 / 24 = $2,150
Grant, Mary, VP Secretary: 49,200 / 24 = $2,050
To calculate OASDI taxable earnings, we need to know the wage base limit for the year. For 20--, the wage base limit is $142,800.
The OASDI taxable earnings for each officer are as follows:
Hanks, Timothy, President: Min($7,000, $142,800) = $7,000
Grath, John, VP Finance: Min($6,000, $142,800) = $6,000
James, Sally, VP Sales: Min($2,900, $142,800) = $2,900
Kimmel, Joan, VP Mfg.: Min($2,250, $142,800) = $2,250
Wie, Pam, VP Personnel: Min($2,150, $142,800) = $2,150
Grant, Mary, VP Secretary: Min($2,050, $142,800) = $2,050
To calculate HI taxable earnings, there is no wage base limit. All earnings are subject to HI tax.
The HI taxable earnings for each officer are as follows:
Hanks, Timothy, President: $7,000
Grath, John, VP Finance: $6,000
James, Sally, VP Sales: $2,900
Kimmel, Joan, VP Mfg.: $2,250
Wie, Pam, VP Personnel: $2,150
Grant, Mary, VP Secretary: $2,050
To calculate the FICA taxes to be withheld from each officer's pay, we need to use the following formulas:
OASDI Tax = OASDI Taxable Earnings * 6.2%
HI Tax = HI Taxable Earnings * 1.45%
Using these formulas, the FICA taxes to be withheld from each officer's pay on November 15 and December 31 are as follows:
Name and Title OASDI Tax (November 15) HI Tax (November 15) OASDI Tax (December 31) HI Tax (December 31)
Hanks, Timothy, President $434.00 $101.50 $434.00 $101.50
Grath, John, VP Finance $372.00 $87.00 $372.00 $87.00
James, Sally, VP Sales $179.80 $41.95 $179.80 $41.95
Kimmel, Joan, VP Mfg. $139.50 $32.33 $139.50 $32.33
Wie, Pam, VP Personnel $133.40 $31.03 $133.40 $31.03
Grant, Mary, VP Secretary $127.40 $29.68 $127.40 $29.68
Note that the OASDI tax rate is 6.2% and the HI tax rate is 1.45%, and these rates do not vary with the semi-monthly salaries of the officers.
for more such questions on salaries
https://brainly.com/question/29803819
#SPJ8
What will happen to the equilibrium price and quantity of new cars if the price of gasoline rises, public transportation becomes cheaper and more comfortable, and the price of steel to produce cars decrease
a. Quantity will fall, and the effect on price is ambiguous
b. Quantity will rise, and the effect on price is ambiguous
c. Price will rise, and the effect on quantity is ambiguous
d. Price will fall, and the effect on quantity is ambiguous
Answers
Answer:
D
Explanation:
If the price of gasoline increases, it would become more expensive to own a car. As a result, the demand for new cars would fall.
public transportation can be regarded as a substitute for new cars, if public transportation becomes cheaper, the demand for new cars would fall.
Taking these two occurrences together, the demand curve for cars would shift leftward. Equilibrium price and quantity would fall.
If the price of steel to produce cars decreases, it would become cheaper to make cars. Thus, the supply of cars would increase. the supply curve would shift rightward and the equilibrium price would reduce while quantity would increase.
Taking these three occurrences together, equilibrium price would fall while the effect on quantity is ambiguous