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Debt Capital $80,000
Income before interest and tax $50,000
Interest on debt capital 5%
Tax rate 40%

What is the net savings on the interest calculated after tax?
The after-tax cost of debt capital is
percent.

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Add the mips assembly language instructions (after main: ) to complete the following (in this order). do not skip steps. use other registers as needed. actions: 1. initialize the register $s0 to 35 2. prompt the user to enter a number, read the number and then put it into register $s1 3. prompt the user to enter a number, read the number and then put it into register $s2 4. store the value in $s1 into the memory at address 0x10010000. 5. store the value in $s2 into the memory at address 0x10010004. 6. calculate the value of $s0 - $s1 $s2 and store the result in the memory at address 0x10010008. 7. print the following output each on its own line. you will need to determine the location of each of the strings from the beginning of the memory segment a. your name b. the value in address 0x10010000 c. the value in address 0x10010004 d. the value in address 0x10010008 8. exchange or swap the values in $s1 and $s2 9. set the value in $s0 to -$s0

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?