Manning Inc is contemplating the rental of a special tool for $45,000 per month. If their tax rate is 40%, what is the after-tax monthly cost of renting the tool?

A) $27,000
B) $18,000
C) $63,000
D) $45,000


A

Business

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Exhibit 15-1 Hanson Co issued 10,000 shares of its $5 par common stock for $15 a share. In addition, it incurred legal and accounting fees, stock certificate costs, and other related expenses totaling $18,500. ? Refer to Exhibit 15-1. Assume the sale was the initial issuance of stock at incorporation for Hanson Co The entry to record the sale would include a

A) credit to Cash for $150,000. B) credit to Common Stock for $150,000. C) debit to Organization Expense for $18,500. D) credit to Additional Paid-in Capital on Common Stock for $81,500.

Business

When selecting a channel, a manager should consider which aspects of the message?

A. sensitivity, privacy, complexity, and agreeableness B. sensitivity, agreeableness, privacy, and negativity C. sensitivity, negativity, complexity, and persuasiveness D. privacy, complexity, information overload, and negativity

Business

Which of the following statements is correct?

a. Investors generally receive a copy of the registration statement. b. Investors generally do not receive the company's prospectus. c. A registration statement and a prospectus are essentially the same thing. d. All investors must receive a copy of the prospectus before purchasing the stock.

Business

Helping Hand Industries paid a dividend of $0.40 per share last year. If yesterday's closing price was $19.05, what is the current yield on the stock? (Round to nearest tenth)

A) 17.2% B) 6.3% C) 2.1% D) 1.6%

Business