these three debt issues Consider corporate taxes only. The marginal tax rate is 35%. a. $1000‚ one-year loan‚ at interest rate of 8% (tax shield) = (tc x i x D) = (0.35 x 0.08 x $1‚000) = $28 PV(tax shield) = $28/(1+i)^1 = $25.93 b. A five-year loan of $1000 at 8% interest rate. No principal is repaid until maturity. Tax Shield = tc x i x D = (0.35 x 0.08 x $1‚0000) = $28 Year 1 = PV(tax shield) = $28/(1+0.08)1 = $25.93 Year 2 = PV(tax shield) = $28/(1+0.08)2 = $24.00 Year 3 = PV(tax shield)
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2/28/13 3A In The Tortilla Curtain‚ T.C. Boyle introduces two completely different families who live in southern California. Striving for their American dream‚ the Mossbacher’s and the Rincon’s struggle with similar difficulties everyday. But the presence of each other make them do things they would never have done before. They both go to the same grocery store‚ but they spend their money very different‚ and their American lifestyles contrast throughout the novel. The American dream is not limited
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P2.6 Price and Total Revenue. The Portland Sea Dogs‚ the AA affiliate of the Boston Red Sox major league baseball team‚ have enjoyed a surge in popularity. During a recent home stand‚ suppose the club offered $5 off the $12 regular price of reserved seats‚ and sales spurted from 3‚200 to 5‚200 tickets per game. A. Derive the function that describes the price/output relation with price expressed as a function of quantity (tickets sold). Also express tickets sold as a function of price
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CGA-CANADA ADVANCED CORPORATE FINANCE [FN2] EXAMINATION June 2011 Marks Notes: 1. Questions 1 and 2 are multiple choice. For these questions‚ select the best answer for each of the unrelated items. Answer each of these items in your examination booklet by giving the number of your choice. For example‚ if the best answer for item (a) is (1)‚ write (a)(1) in your examination booklet. If more than one answer is given for an item‚ that item will not be marked. Incorrect answers will be marked as zero
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payment to mobile service provider like idea‚ reliance and what TDS rate will be applicable (m) Whether TDS is applicable on transporter or not and which rate will be applicable on without providing of PAN card? (n) What is meaning of TCS and TCS Rate on scrap sale (o) How to identify of assesses status through PAN card (p) What entry will be generate if scrap sale to party? (q) What excise rate will be applicable to supply to SEZ (r) What type of parameter should
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Market Competition Robert McGill BA 201 Microeconomics 4 April 2011 Market Competition 1. Fill in the table below. Assume TC stands for Total Cost‚ TFC as Total Fixed Cost‚ TVC as Total Variable Cost‚ ATC as Average Total Cost‚ AFC as Average Fixed Cost‚ AVC as Average Variable Cost‚ and MC as Marginal Cost. TC TFC TVC ATC AFC AVC MC Units of Output 0 20 20 0 0 0 0 0 1 21 20 1 21 20 1 1 2 24 20 4 12 10 2 3 3 32 20 12 10.67 6.67 4 8 4 48 20 28 12 5 7 16 5 75 20 55 12
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Generation X‚ commonly abbreviated to Gen X‚ is the generation born after the Western post–World War II baby boom ended.[1] While there is no universally agreed upon time frame‚[2] the term generally includes people born from the early 1960s through the early 1980s‚ usually no later than 1981 or 1982.[3][4][5][6][7] The term had also been used in different times and places for various subcultures or countercultures since the 1950s.[8] Generation X: the letter "X" originally suggested the ambiguous
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Mechanical Engineering Degree from Georgia Tech.‚ was recently promoted to her present position in recognition of her strong technical and managerial capabilities. The company employed almost 1‚200 persons and had more than $200 million in sales. tC The marketing department’s sales forecast for the new product‚ see Table 1‚ looked promising. The numbers seemed to indicate an upper price limit of $7‚500 to $8‚000 and a maximum demand of approximately 30 units per week. While the lower weight
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According to Sloman‚ (2004)‚ production is the transformation of inputs into outputs by firms in order to earn profit. Production can be divided into two types‚ that is short-run production and long-run production. Production in the short-run is the production period of time over which at least one factor is fixed as production in the long-run is the production period of time long enough for all factors to be varied. As mentioned by Sloman‚ (2004)‚ production in the short-run is subject to diminishing
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TR$0.00$150.00$290.00$420.00$540.00$650.00$750.00$840.00$920.00$990.00$1‚050.00$1‚100.00$1‚140.00$1‚170.00$1‚190.00$1‚200.00TR$0.00$150.00$290.00$420.00$540.00$650.00$750.00$840.00$920.00$990.00$1‚050.00$1‚100.00$1‚140.00$1‚170.00$1‚190.00$1‚200.00 TC$10.00$30.00$50.00$80.00$120.00$170.00$230.00$300.00$380.00$470.00$570.00$680.00$800.00$930.00$1‚070.00$1‚220.00 Profit maximization in terms of total revenue to total cost can be approached in two different ways. The first is to take total revenue
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