Assume the tax rate is 21%. State Liquor is an all-equity financing firm. It has restructured to include $1 million in permanent debt with an interest rate of 7%. According to MM 1963 proposition, the value of the firm will increase by due to this change in its capital structure. $70,000 $700,000 $35,000 $210,000

Which of the following is a problem for the production of public goods?

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered