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

to make a cheesecake, you need about 2 1/2 pounds of cream cheese. how many pounds of cream cheese will you need to make 2 cheesecakes?
Which best describes Leonid Brezhnev’s political position? reformer hard-line communist democrat monarchist
What is the common Application online school forms system
Describe the transformations required to obtain the graph of the function f(x) from the graph of the function g(x). f(x) = 4 cos x ; g(x) = cos x Select one: a
I need help with this problem
Combine the like terms to create an equivalent expression. 10q+5+6q−1
I was surprised when I first met Mrs. Smith. For a woman in her seventies, she had a remarkably ________ appearance. Which word best completes the sentence?
Let u = <-6, 3>, v = <1, 9>. Find u - v
A 4.48 L sample of HCl gas, measured at STP, is dissolved in enough water to produce 400.0 mL of solution. A 25.0 mL sample of this solution is titrated with a
Simplify (6x^2y^3z^4)^(3/2)