Type the correct answer in the box. Spell all words correctly.
Debt Capital $50,000
Income be...
Business, 20.10.2020 20:01 adrianty8496
Type the correct answer in the box. Spell all words correctly.
Debt Capital $50,000
Income before interest and tax $35,000
Interest on debt capital 7.5%
Tax rate 40%
What is the net savings on the interest calculated after tax?
The savings on the interest calculated after tax is $
.
Answers: 1
Business, 22.06.2019 00:00
Which part/word/phrase in the passage refers to a business’s financing activity seen in a cash flow statement? nathan works as an accountant in a footwear manufacturing company. he is currently preparing the cash flow statement for his employer. during the given accounting period, the company purchased raw materials worth $25,000. it also bought new equipment worth $75,000 to increase its production output. further, it borrowed a long-term bank loan of $100,000 to facilitate further expansion. finally, the company spent $50,000 on advertising its latest brand of footwear in the market. {lol i guessed its "it borrowed a long-term bank loan of $100,000 to facilitate further expansion" and thats correct}
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