D. l. tuckers has $48,000 of debt outstanding that is selling at par and has a coupon rate of 6.75 percent. the tax rate is 35 percent. the firm intends to keep this level of debt financing for the foreseeable future. what is the present value of the tax shield?
Answers: 3
Business, 22.06.2019 11:40, maddied2443
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
Business, 22.06.2019 12:40, hardwick744
Acompany has $80,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. experience suggests that 6% of outstanding receivables are uncollectible. the current credit balance (before adjustments) in the allowance for doubtful accounts is $1,200. the journal entry to record the adjustment to the allowance account includes a debit to bad debts expense for $4,800. true or false
Answers: 3
D. l. tuckers has $48,000 of debt outstanding that is selling at par and has a coupon rate of 6.75 p...
English, 16.02.2022 02:50
Biology, 16.02.2022 02:50
Mathematics, 16.02.2022 02:50
SAT, 16.02.2022 02:50
Mathematics, 16.02.2022 02:50