Answer:
the after tax cost of debt is 3.90 %.
Explanation:
The Cost of debt is the rate required on the bond and this is calculated as follows :
PV = - $2,201
n = 21 × 2 = 42
PMT = ($2,000 × 7.38 %) ÷ 2 = $73.80
P/YR = 2
FV = $2,000
r = ?
Using a Financial Calculator, the Pre-tax Cost of debt, r is 6.4963% or 6.50 % (2 decimal places)
After tax cost of debt = Interest rate × (1 - tax rate)
= 6.50 % × (1 - 0.40)
= 3.90 %
Answer:
A
Explanation:
Breakeven quantity is the number of units produced and sold at which net income is zero
The product should not be released because the demand is less than breakeven quantity. If the product is released, the firm would earn losses
Answer: To remove bias when estimating the proportion of working adults living in urban, suburban, and rural areas.
Explanation: In simple words, stratification refers to the process in which different sections of the society are grouped on the basis of one or more general factors.
In the given case, the company wants to estimate the minutes of working adults in the region and the region is grouped into urban, suburban and rural.
Thus, the random selection from different regions is done so that no bias takes place regarding the number of adult working in these three different areas.
Answer:
880 blue ink pens
Explanation:
The computation of the inventory position is shown below:
= Current stock counted in the closet + already placed orders with the supplier
where,
Current stock counted in the closet is 220 blue ink pens
And, the already placed orders with the supplier is 600 blue ink pens
Now placing these values to the above formula
So, the inventory position is
= 220 blue ink pens + 600 blue ink pens
= 880 blue ink pens
Answer:
A minority owner own or control to ensure that he or she can gain control of one seat on the board of directors must have <u>720001 shares.</u>
Explanation:
Number of shares he must own = Total number of shares/(Number of directors + 1)
= 3.6 million/(4+1) + 1
= 720001
