To find the after-tax cost of debt for a corporation, one needs to multiply the before-tax cost of debt by (1 + Tc), where Tc = the corporate tax rate
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: To find the after-tax cost of debt for a corporation, one needs to multiply the before-tax cost of debt by (1 - Tc), where Tc = the corporate tax rate.
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Which of the following would constitute a copyright violation?
A) manufacturing and selling illegal videocassette copies of "Spiderman 2" B) manufacturing and selling illegal copies of Levi "501" jeans C) printing and selling illegal copies of Harry Potter books D) A, B, and C are copyright violations. E) A and B are copyright violations.
A cash prelist is
a. a document that records sales returns and allowances b. a document returned by customers with their payments c. the source of information used to prepare monthly statements d. none of the above
Answer the following statements true (T) or false (F)
1. The Juran Trilogy was published by Joseph Juran in 1986 after almost fifty years of research. 2. Quality planning, monitoring, and management are the three processes included in the Juran Trilogy. 3. The Juran Trilogy reminds us that knowing the needs, wants, expectations, capabilities, and behaviors of targeted guests are the starting point of a delivery system. 4. Service standards should be established at the end of the planning process.
The entry to record a purchase of $6,000 in merchandise assuming terms of 2/10, n/30 and a periodic inventory system would include a(n)
a. increase to Accounts Payable for $6,000. b. increase to Purchases Discounts for $120. c. decrease to Purchases for $6,000. d. decrease to Accounts Payable for $5,880.