Olympic sports has two issues of debt outstanding. one is a 9% coupon bond with a face value of $20 million, a maturity of 10 years, and a yield to maturity of 10%. the coupons are paid annually. the other bond issue has a maturity of 15 years, with coupons also paid annually, and a coupon rate of 10%. the face value of the issue is $25 million, and the issue sells for 94% of par value. the firm’s tax rate is 35%. (lo13-4) a. what is the before-tax cost of debt for olympic? b. what is olympic’s after-tax cost of debt?

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

What is the cause of smoky exhaust?