If the after-tax ROR is 11.4% and the corporate T e is 39%, the approximate before-tax rate
Question:
If the after-tax ROR is 11.4% and the corporate Te is 39%, the approximate before-tax rate of return is closest to:
(a) 6.8%
(b) 15.4%
(c) 18.7%
(d ) 19.7%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Beforetax ROR Afte...View the full answer
Answered By
Abigael martinez
I have been a tutor for over 3 years and have had the opportunity to work with students of all ages and backgrounds. I have a strong belief that all students have the ability to learn and succeed if given the right tools and support. I am patient and adaptable, and I take the time to get to know each student's individual learning style in order to best support their needs. I am confident in my ability to help students improve their grades and reach their academic goals.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Blue Bull, Inc., has a target debt-equity ratio of .55. Its WACC is 8.1 percent, and the tax rate is 35 percent. a. If the company's cost of equity is 11 percent, what is its pretax cost of debt? b....
-
If the after-tax rate of return for a cash flow series is 11.9% and the corporate effective tax rate is 34%, the approximated before-tax rate of return is closest to: (a) 6.8% (b) 5.4% (c) 18.0% (d)...
-
Mike's T-Shirts, Inc., has debt claims of $400 (market value) and equity claims of $600 (market value). If the after-tax cost of debt financing is 11 percent and the cost of equity is 17 percent,...
-
The acquisition committee of KE plc is considering making takeover bids for two competitors, Scot plc, a listed company, and Ring Ltd. Summarised financial data is given below for these companies....
-
Big Fork Lumber Company incurs a cost of $402 per hundred board feet (hbf) in processing certain "rough-cut" lumber, which it sells for $540 per hbf. An alternative is to produce a "finished cut" at...
-
Outline a system for evaluating a management development program for supervisors.
-
What are three best practices to keep projects on track?
-
You are a senior manager responsible for overall company operations in a large courier company. Your company has 106 regional offices (terminals) scattered around the country and a main office (hub)...
-
1 6.14 Claim Request: Not-So-Automatic Refund You work for Signet Hotels, a large chain of hotels and resort properties. A recent business trip took you to Argentina, where you had two days off and a...
-
On January 1, 2020, C&C Company issued 8% bonds dated January 1, 2020, with a face amount of $10 million. The bonds mature in 2029 (10 years). For bonds of similar risk and maturity, the market yield...
-
If the federal tax rate is 36% and the state tax rate is 7%, the effective tax rate is closest to: (a) 40.5% (b) 37.3% (c) 35.4% (d ) 31.8%
-
An asset with a first cost of $300,000 is depreciated by the MACRS method using a 5-year recovery period. Determine the economic value added in year 2, if the net operating profit after taxes is...
-
Calculate (a) the expected return and (b) the volatility (standard deviation) of a portfolio that is equally invested in Johnson & Johnsons and Walgreensstock. Johnson & Johnson Walgreen Company...
-
What are the strategic uses of radio advertising in an IMC campaign?
-
List three of the leading indicators that determine health outcomes, and describe how they impact academic success for students.
-
An ineffective IMC campaign is caused by what internal and external factors?
-
What is brand image, and why is it important to a product or service?
-
How does magazine advertising help IMC be more consumer focused? Define importance.
-
Null and alternative hypotheses for a test are given. Give the notation (x, for example) for a sample statistic we might record for each simulated sample to create the randomization distribution. H 0...
-
Citing a scientific article, explain in your own words, how DNA fingerprinting has been used in forensic science to solve crimes and why it may not always be accurate or effective.
-
A machine that cost $120,000 three years ago can be sold now for $54,000. Its market value for the next 2 years is expected to be $40,000 and $20,000 one year and 2 years from now, respectively. Its...
-
The projected market value and M&O costs associated with a presently owned machine are shown (next page). An outside vendor of services has offered to provide the service of the existing machine at a...
-
BioHealth, a biodevice systems leasing company, is considering a new equipment purchase to replace a currently owned asset that was purchased 2 years ago for $250,000. It is appraised at a current...
-
IM.83 A distribution center for a sporting goods retailer places orders with manufacturers for a variety of items. Among these is a popular standard skateboard, targeted to first-time skate boarders....
-
[5] 5. Determine the area of the shaded region, if the radius of each circle is 5 cm.
-
Indicate the type of lease Cullumber Company has entered into and what accounting treatment is applicable. Choose your answer here Finance LeaseOperating Lease Prepare the journal entries on...
Study smarter with the SolutionInn App