K1evlynJennahaynada K1evlynJennahaynada
  • 20-04-2017
  • Business
contestada

?if a corporation issued $8,000,000 in bonds which pay 5% annual interest, what is the annual net cash cost of this borrowing if the income tax rate is 30%?

Respuesta :

Аноним Аноним
  • 04-05-2017
$8,000,000 - corporate issued
5 % -  annual interest
30 % - income tax rate
Annual net cash cost - ?

Formula and Solution - (8,000,000 x 0.05) x 0.7 = 280,000
Answer: The Annual net cash cost - $280,00
Answer Link

Otras preguntas

The Sino-japanese war exposed military weakness in? A)China B)Japan C)Korea D)Russia
what is 3 divided by 248
Brian has started a savings account. The balance, g(x), in his account can be represented by the function g(x) = 25x + 350, where x is the number of weeks he de
If f(x) = 1 – x, which value is equivalent to |f(i)|? options are: a. 0 b. 1 c. √2 d. √-1
Use a transformation to solve the equation. h/-6 =1.2 a. h = –7.2 b. h = –0.2 c. h = 0.2 d. h = 7.2
What is 21/8 as a mixed number? Please Help Quickly!!!!!!
Knight is an example of an Anglicized word. a. True b. False
HELP PLEASE!!! Which of the following is not a true statement about solving two-step equations? a. Two-step equations require the addition property of equality
The quotient of a number and 4 is 6. Find the number
what is 3 divided by 248