Which of the following is the correct formula to calculate the after-tax cost of a home equity loan?
A) After-tax cost of a home equity loan = before-tax cost (1 + marginal tax rate)
B) After-tax cost of a home equity loan = before-tax cost (1 - marginal tax rate)
Answer: B
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Manufacturing overhead include(s):
a. costs that the firm cannot associate with particular products. b. expenditures for factory utilities, property taxes, insurance, and depreciation on manufacturing plant and equipment. c. expenditures for supervisors' salaries. d. costs that jointly benefit all goods produced during the period, not any one particular item. e. all of the above.
Gregory borrows $200,000 from Mountain Bank to purchase a plot of land, and Mountain Bank perfects its security interest. Gregory defaults on the loan, and owes an outstanding balance of $80,000
His house has gone down in value to $160,000 at the time of default, but he has other personal assets to satisfy the debt. Which of the following is a course of action for Mountain Bank to recover the debt after foreclosing on the loan? A) proceed to judgment against Gregory B) file a financing statement C) release a termination statement D) proceed to repossess the collateral
Complexity theory ______.
A. is a systems theory B. involves self-organization C. was developed by Isaac Newton D. both A and B
Which generation has a dominant value system that has “enjoyment of life, desire for autonomy, self-reliance, spirituality, and diversity?”
a. Traditionalists b. Baby Boomers c. Baby Busters d. Generation X-ers