Both WorldCom and Waste Management used the technique of manipulating asset net valuation amounts to minimize operating expenses for a period.
WorldCom and Waste Management, two notable companies involved in accounting scandals, employed the technique of manipulating asset net valuation amounts to minimize operating expenses for a period. This approach involves artificially adjusting the value of assets on the financial statements, which has a direct impact on the calculation of operating expenses.
By manipulating asset net valuation amounts, these companies were able to reduce reported expenses, thereby inflating their earnings and creating a false perception of financial health. This practice allowed them to present a more favorable financial picture to investors and stakeholders.
For example, WorldCom engaged in fraudulent accounting practices, including capitalizing costs that should have been expensed and improperly adjusting reserve accounts. Similarly, Waste Management manipulated its depreciation and asset impairment calculations to understate expenses and boost reported earnings.
It is important to note that both companies employed additional techniques beyond manipulating asset net valuation amounts, but this specific technique played a significant role in their efforts to manage earnings and misrepresent financial performance.
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Anna got a high-paying job as a lab technician upon graduation. She took
five years to graduate from a public university and did take out a lot of
loans. What kind of return on investment (ROI) does Anna demonstrate?
Can't determine ROI
Negative ROI
Positive ROI
ОО
Neutral ROI
Answer:
Positive ROI
Explanation:
A positive ROI or positive rate of return occurs when the benefits realized from a project are much more than the costs incurred. Positive implies that a net effect of a number greater than zero.
Anna did not incur a lot of debts while in college. It suggests she controlled her expenses well. Since Anna has a well-paying job, her income and the cost incurred in college compare favorable. Her benefits are more compared to the cost of education.
B- The return on investments (ROI) that Anna should demonstrate is a positive Return on Investment (ROI). This is due to the excess loans taken by Anna during her education before getting the job.
Anna needs to maintain a hefty savings and needs to pay her liabilities in the forms of loans first because she is under obligation of the lending authority to pay for her education loan along with interest accrued.
Anna will not end up saving for herself and her needs if she is unable to save the money after paying her dues towards her loan. She has to make sure a healthy return on investments made by her.Usually an education loan is an expensive loan with higher rates of interests charged by the bank due to shortage of jobs in the economy due to unemployment flair and hence avoiding the risk associated.If her interest rate of loan is around 8% she has to make sure her salary is saving her way more than this loan amount with interest which will be due periodically.Hence, option B is correct that Anna will have to maintain and demonstrate a positive return on investments followed by her high paying job.
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An investor buys a Treasury Bill at $9700 with 200 days to maturity. What is the investor's
Effective Annual Yield? What is the investors Bank Discount Rate? What is the Investors Bond
Equivalent Yield?
The investor's Effective Annual Yield, Bank Discount Rate, and Bond Equivalent Yield depend on the Treasury Bill's face value, purchase price, and time to maturity.
1. Effective Annual Yield (EAY):
EAY is the annualized return on an investment, taking into account compounding. To calculate EAY for the Treasury Bill, we need to determine the discount or gain at maturity. Let's assume the Treasury Bill has a face value of $10,000. The discount is $10,000 - $9,700 = $300. The EAY can be calculated using the formula:
EAY = [(Face Value - Purchase Price) / Purchase Price] * [(365 / Days to Maturity)]
2. Bank Discount Rate:
The Bank Discount Rate represents the yield based on the discount amount and face value. It is calculated as:
Bank Discount Rate = (Discount / Face Value) * [(360 / Days to Maturity)]
3. Bond Equivalent Yield (BEY):
BEY is a measure used to compare the yields of Treasury Bills with other fixed-income securities. It is calculated by doubling the semi-annual yield of the Treasury Bill. The formula for BEY is:
BEY = 2 * [(Discount / Purchase Price) * [(365 / Days to Maturity)]]
By applying the appropriate formulas and substituting the given values, you can calculate the Effective Annual Yield, Bank Discount Rate, and Bond Equivalent Yield for the Treasury Bill.
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How is a 401k different from an individual retirement account (IRA)?
A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer who may match contributions.
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Select the described workplace culture from the drop-down menu below.
* workplace culture emphasizes everyone being in agreement
* workplace culture emphasizes development of new skills
* workplace culture emphasizes reacting quickly to change
* workplace culture emphasizes accomplishing goals
Answer:
The workplace culture emphasizes everyone being in agreement.
Explanation:
The workplace culture emphasizes everyone being in agreement.
An organization should have a good work condition that should be create a good relationship and employee-employee and employer-employer relationship.
It should helped to everyone to achieve their organizational target.
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✔ Consistency-oriented
workplace culture emphasizes everyone being in agreement.
✔ Involvement-oriented
workplace culture emphasizes development of new skills.
✔ Adaptive
workplace culture emphasizes reacting quickly to change.
✔ Achievement-based
workplace culture emphasizes accomplishing goals.
Explanation:
answer on edge
Use the following information to calculate the dollar cost of using a money market hedge to hedge 200,000 pounds of payables due in 180 days. Assume the firm has no excess cash. Assume the spot rate of the pound is $2.02, the 180-day forward rate is $2.00. The British interest rate is 5%, and the U.S. interest rate is 4% over the 180-day period.
a. $391,210. b. $396,190. c. $388,210. d. $384,761. e. none of the above
The correct answer is e. None of the above.
To calculate the dollar cost of using a money market hedge, we need to compare the costs of using the forward contract and borrowing in the respective currencies.
Step 1: Calculate the cost of using the forward contract.
The cost of using the forward contract is the difference between the spot rate and the forward rate, multiplied by the amount of the payable.
Cost of forward contract = (Spot rate - Forward rate) * Amount of payable
= ($2.02 - $2.00) * 200,000 pounds
= $0.02 * 200,000 pounds
= $4,000
Step 2: Calculate the cost of borrowing in the respective currencies.
To calculate the cost of borrowing, we need to determine the interest expense in both currencies over the 180-day period.
Interest expense in pounds = Amount of payable * British interest rate
= 200,000 pounds * 5% * (180/360)
= 5,000 pounds
Interest expense in dollars = Amount of payable * U.S. interest rate
= 200,000 pounds * $2.02 * 4% * (180/360)
= $7,272
Step 3: Calculate the total cost of using the money market hedge.
Total cost = Cost of forward contract + Interest expense in pounds - Interest expense in dollars
= $4,000 + 5,000 pounds - $7,272
= $4,000 + $10,100 - $7,272
= $6,828
Therefore, the dollar cost of using a money market hedge to hedge 200,000 pounds of payables due in 180 days is $6,828.
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What is the correct strategy that Alejandra must use to deliver a negative message?
Alejandra is a customer relations manager at a toy company. A customer posted a complaint on the company’s social media page saying that one of its toys is unsafe for children. Alejandra should use a/an _______ strategy to respond to the situation.
Answer:
Apologize and come up with a new plan. Of course, you need to apologize, if you don't then that becomes a problem. (especially if they are a Karen.) After apologizing start to explain what you are going to do about it. For Example Refunds, Store Credit, Replacement, Etc. To start off. Then fix the problem. Also, tell them that you are going to do so and so to fix it. Like creating anew toy or whatnot. Hope this helps!
Alejandra should apologise for the toys and introduce a new plan as the proper approach to conveying a bad message.
Alejandra Pizarnik notes in her diary in 1968, four years after her stay in Paris, "What most disturbs me since returning to this foreign country: the distance, or the voluntary distance, between the word and the deed. In the loosest sense, something seems literary, but one can distance oneself.
"On meurt à moins" (What frightens me most since returning to this foreign country: the gap between word and deed, or the desire for one. One can pass away from distance, despite the fact that this looks to be literary in the worst sense. "On dies less").
Alejandra Diarios, Barcelona: Lumen, 2003, p. 439, Pizarnik. … A recurring issue in this author's writings is the attempt to reunite act and poetry, which, according to Pizarnik, were split apart "por no sé qué error" ("through some kind of error").
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drucilla lopez just received $45,000 and plans to invest it for 5 years. the interest rate paid on a 5-year risk-free investment is 3.45%. the amount drucilla expects to have in 5 years is:
Drucilla expects to have $53,550 in 5 years after investing $45,000 at a 3.45% risk-free interest rate for that period of time.
Drucilla Lopez plans to invest $45,000 for 5 years at a 3.45% risk-free interest rate.
Let's find out the amount that Drucilla expects to have in 5 years.
To find the future value of an investment, the formula used is:
FV = PV × (1 + r)n
Where: FV is the future value
PV is the present value (in this case, $45,000)r is the interest rate per period
n is the number of periods
We can plug in the values we have:
FV = $45,000 × (1 + 0.0345)5FV
FV = $45,000 × 1.190FV
FV = $53,550
Therefore, Drucilla expects to have $53,550 in 5 years after investing $45,000 at a 3.45% risk-free interest rate for that period of time.
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Our credit card company quotes you a rate of 14.9%. interest is billed monthly.What is the actual rate of interest you are paying?
Answer: 15.96%
Explanation: im not sure, the rate is said in the question but there's no way its that obvious so
let the PV b = 100
fv = PV(1+r)^n
fv= 100(1+0.149/12)^12
fv= 115.96
115.96 = 100(1+I/Y)^1
1.1596 = 1+I/Y
I/Y = 0.1596, or 15.96%
The credit card company quotes a rate of 14.9%. interest is billed monthly. The actual rate of interest on credit card is 15.96%.
What is the rate of interest?The interest rate is the amount charged by a lender to a borrower on top of the principal for the use of assets.
The amount of interest due per period as a percentage of the amount lent, deposited, or borrowed is referred to as the interest rate. The total interest on a lent or borrowed amount is determined by the principal amount, the interest rate, and the length of time it is lent, deposited, or borrowed.
The actual rate of interest is
let the PV b = 100
fv = PV(1+r)^n
fv= 100(1+0.149/12)^12
fv= 115.96
115.96 = 100(1+I/Y)^1
1.1596 = 1+I/Y
I/Y = 15.96%
Hence, the actual interest rate is 15.96%.
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Which quality of accounting information states that the information is verifiable and is not subject to opinion.
Reliability!
Hope this helps, Good luck! :)
give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
career question #35 easy
7. a traveler has about $536 in his checking account, about $2107 in his savings account and exactly $7.62 in his wallet. to the greatest precision warranted, how much money does this shopper have?
The shopper has approximately $2,650.62.
to determine the total amount of money the traveler has, we need to add up the balances from his checking account, savings account, and wallet.
checking account balance: $536
savings account balance: $2,107
wallet balance: $7.62
adding these amounts together:
$536 + $2,107 + $7.62 = $2,650.62
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Assuming sales remain unchanged, if COGs increases then Gross Profit
Assuming sales remain unchanged, if COGs (Cost of Goods Sold) increases, then the Gross Profit will decrease. Gross profit is the difference between the revenue earned from sales and the cost of goods sold.
When COGs increase, it means that the cost of producing each unit of the product has increased. This will lower the Gross Profit margin since the revenue earned from sales will now have to cover the increased cost of production. Therefore, the Gross Profit margin will decrease by the same percentage as the increase in COGs.
A decrease in Gross Profit margin can have serious implications for a business. It will lower the net profit margin, which is the overall profitability of the business. The business may also have to increase the selling price of its products to maintain its profit margin, which can result in a decrease in sales volume.
Additionally, an increase in COGs may result in reduced profit margins and cash flow, which can lead to financial difficulties and a decrease in the company's overall financial health.
In conclusion, assuming sales remain unchanged, if COGs increase, then the Gross Profit margin will decrease, which can have significant implications for the overall financial health of a business.
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You have been asked to determine how long a project will take to be completed. This project consists of 11 tasks of varying time durations (measured in days) that must all be completed. Unfortunately, not all tasks can be done at the same time (although some can be done in parallel); certain predecessor tasks must be completed before others can be started. The table below gives the duration and predecessors for each task. Thus, for example, task J cannot begin before each of tasks F,G, and H are completed. (a) Draw the network diagram. (b) Formulate a data-specific linear program to find the quickest time that the entire project is completed. You do not need to solve the linear program-just provide the formulations.
(a) The network bgram for the project can be created by representing each task as a node and drawing arrows to indicate the dependencies between tasks.
(b) To formulate a data-specific linear program, we can define decision variables for each task indicating the time it takes to complete that task. We then set up constraints based on the dependencies between tasks, ensuring that the completion time for each task is greater than or equal to the sum of the completion times of its predecessors. The objective is to minimize the total completion time of the project.
In mathematical terms, let:
xi be the completion time for task i, where i = A, B, C, D, E, F, G, H, I, J, K.
di be the duration of task i.
The linear program can be formulated as follows:
Minimize: xK (the completion time of the project)
Subject to:
xJ ≥ xF + xG + xH
xI ≥ xF + xG + xH
xH ≥ xC + xD
xG ≥ xC + xD
xF ≥ xA
xE ≥ xB
xD ≥ xA
xC ≥ xB
xB ≥ xE
xA ≥ 0
Each constraint represents the dependency between tasks, ensuring that the completion time of a task is greater than or equal to the sum of the completion times of its predecessors. The objective is to minimize the completion time of the project, which is represented by xK.
The formulation aims to find the quickest time to complete the entire project by optimizing the task completion times while respecting the dependencies.
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Advertising, sales promotion, public relations, and buzz building activities are all ________. A) channels that should be integrated under the concept of integrated marketing communications B) channels focused more on interactive marketing than traditional marketing C) promotional tools used for push strategies but not pull strategies D) promotional tools used for pull strategies but not push strategies
Answer:
B
Explanation:
Hope it helped you1
A/an ____ appraisal is conducted as part of the day-to-day working relationship between a manager and an employee.spontaneousinformal
An informal appraisal is conducted as part of the day-to-day working relationship between a manager and an employee. This type of appraisal is typically less structured and less formal than a traditional appraisal. The purpose of an informal appraisal is to provide feedback to the employee on their performance, highlight areas where they are excelling, and identify areas where they may need improvement.
In an informal appraisal, the manager may provide feedback on the employee's performance during regular meetings or check-ins. This could include discussing specific projects or tasks that the employee has worked on and providing feedback on their performance. The manager may also ask for the employee's input and feedback on their own performance, and work together to identify areas where improvements could be made.
Informal appraisals are a valuable tool for managers to provide ongoing feedback and support to their employees. They help to create a culture of open communication and collaboration, where employees feel valued and supported. However, it is important to note that informal appraisals should not replace formal performance reviews. Formal appraisals provide a more structured and comprehensive evaluation of an employee's performance, and should be conducted at least once a year.
In conclusion, an informal appraisal is an important part of the day-to-day working relationship between a manager and an employee. It provides an opportunity for ongoing feedback and support, and helps to create a culture of open communication and collaboration. However, it should be used in conjunction with formal appraisals to provide a comprehensive evaluation of an employee's performance.
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2 Consider Figure 2.11. Undertake a similar exercise for different markets (e.g. Germany, United
States, China) and reflect on the implications of the brand positioning in terms of facilities and
services on board.
Brand positioning gives customers the reasons to buy one product over another.
How is branding important?It should be noted that brand positioning can be affected by aspects such ad style and, brand personality, customer types, and company reputation
A brand positioning statement is the description of your target market that includes a holistic picture of how you will like your brand to be perceived by customers.
You can use brand positioning to influence what a consumer thinks of your product or brand. Then the resulting consumer mental image has an impact on purchasing decisions.
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Which view is used to enter data into an Access table by default?
Datasheet
Grid
Design
Layout
The answer is Datasheet.
What is the datasheet view?A web datasheet view in an Access app displays online data arranged in rows and columns in a web browser. It can allow data edits or not, as you prefer. When you create a web datasheet view in Access, it opens in Design View, where you can set the record source.
Which view is used to display the data of the table?In relational databases, data is structured using various database objects like tables, stored procedures, views, clusters, etc. This article aims to walk you through 'SQL VIEW' – one of the widely-used database objects in SQL Server.
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the potential dollar loss from a threat is called
The potential dollar loss from a threat is called "Risk Exposure." It refers to the potential financial impact of a specific threat on an organization or individual, taking into account the likelihood of the threat occurring and the consequences if it does.
This refers to the estimated amount of money that an organization could lose as a result of a security breach or other type of threat. The potential financial impact is an important consideration when assessing the risk associated with a particular threat and determining the appropriate measures to mitigate that risk. When assessing the potential financial impact of a threat, it's important to consider several factors such as the value of the assets that could be affected, the cost of repairing or replacing damaged or lost assets, the cost of lost productivity, the cost of legal or regulatory fines and penalties, and the potential impact on the organization's reputation. To calculate the potential financial impact, organizations may use various methods such as quantitative analysis, which involves assigning a monetary value to each asset and calculating the potential loss in case of a breach or incident. Another method is qualitative analysis, which involves a subjective assessment of the potential impact based on expert judgment and experience.
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Primary demand is a desire for the ________ rather than for a ________; it is often the focus of marketing when there are few competitors with the same product. brand name; product category problem solution; product category product class; specific brand product concept; tangible product novelty; problem solution
Considering the market analysis, the Primary demand is a desire for the product class rather than for a specific brand; it is often the focus of marketing when there are few competitors with the same product.
What is Product Class?Product class is a term used to describe products or commodities that are homogeneous or deemed as substitutes for each other.
On the other hand, a Specific brand is a product with unique features that makes it different and known compared to other products.
Hence, in this case, it is concluded that the correct answer is option C. "product class; specific brand."
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the emergence of pan-european communications media will most likely cause companies to:
The emergence of pan-European communications media will most likely cause companies to "increase their spending on advertising campaigns".
Pan-European communications refer to the various communication media platforms that provide services to a broad European audience. Pan-European communication is a means of communication that is used to reach out to people from diverse cultural and language backgrounds in Europe. This communication may be via social media, online news platforms, radio, television, and print media.
The emergence of pan-European communication media implies that businesses in Europe are no longer limited to a specific geographic location when it comes to their advertising campaigns. Instead, companies can now advertise their products to a larger audience across different countries within Europe. This situation will likely cause companies to increase their spending on advertising campaigns.
Advertising will likely become more expensive as companies try to reach a broader audience through different communication media, which may lead to increased competition among businesses.
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What are the remedial measures of unemployment in nepal?explain
One major reason businesses seek investment is to:
A. increase the opportunity cost of making new products.
B. boost their productivity by improving their inputs.
C. give them the ability to ignore production possibilities curves.
D. reduce their need for consistent financial growth.
One major reason businesses seek investment is to boost their productivity by improving their inputs. Option B is correct.
What is Investment?A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
An investment always involves the expenditure of some resource today time, effort, money, or an asset—in the anticipation of a future return greater than the initial investment.
For instance, an investor might buy a financial asset right away with the hope that it would provide income later on or that it can be sold for a profit at a higher price.
Thus businesses seek investment is to boost their productivity by improving their inputs in order to maximize wealth of owners of the business.
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1, xyz company cost function for the next four month is cost =500000+5Q A, find the BE dollar volume of sale is the selling price is birr 6/unit B, what would be the company cost is it decides to shutdown operation for the next four month
Answer:
Break Even point Q = 500000
Shut Down Point P < 5
Explanation:
Break Even point is where Total Revenue = Total Cost.
Total cost = 500000 + 5Q, price = 6 (Given) , Total revenue = Price x quantity
So, TR = TC implies : 500000 + 5Q = 6Q → 500000 = 6Q - 5Q
Q = 500000
Shut Down Point is where firm's Price is < its Average Variable Cost .
AVC is the variable cost on per unit output, is found out by average of variable component of cost function. C = 500000 + 5Q implies variable cost = 5Q , so AVC = 5Q / Q = 5
So, the firm would shut down if its price would go below AVC , ie if P < 5
How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?
The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.
The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development. For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.
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Which of the following statements is NOT true about the services trade today?
A) Trade in services makes up about 20 percent of total world trade.
B) Trade in services tends to be more important for emerging markets.
C) The United States is a top exporter of services in the world.
D) Trade in services is growing for many nations.
The statement that is NOT true about the services trade today is A) Trade in services makes up about 20 percent of total world trade.
While trade in services has been growing in importance over the years, it currently makes up more than 50 percent of world trade, according to the World Trade Organization. This is a significant increase from the past, where services were often overlooked in discussions of international trade. Trade in services tends to be especially important for emerging markets, as these countries often have more developed service sectors than they do manufacturing or agricultural sectors. The United States is also a major player in the services trade, being one of the world's top exporters of services. As trade in services continues to grow, many nations are looking for ways to better integrate services into their economies and increase their share of this important market.
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how to get stimulus check 2021 if you didn t file taxes
Answer:
you may need to file a 2020 tax return even if you don’t traditionally file.
Explanation:
This FAQ can help you understand how the system works and what you can do to claim any stimulus that you may be eligible to receive.
What is the key to successful investing?
- Make sure you know what your investing in (DYOR)
- Invest only money your willing to lose
- Learn from others and learn strategies
In order to determine the materials price variance, the actual quantity x standard price is subtracted from the ___________.
The real amount x standard price is deducted from the actual quantity bought in order to calculate the materials price variance.
The difference between the standard price and the real price multiplied by the actual amount is hence known as the material price variance. This formula is used to determine price variance: Vmp is equal to Actual Quantity Purchased * (Actual Unit Cost - Standard Unit Cost).
Purchase Price Variance (PPV) in procurement is the discrepancy between a material's standard price and its actual price. Purchase Price Variance is simply equal to (Actual Price - Standard Price) x Quantity Bought. Cost variance is the difference between a project's anticipated cost and its actual cost after taking into account any unforeseen costs or savings. Cost variance is calculated using the following formula: Actual cost less projected cost
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wyatt oil issued $100 million in perpetual debt (at par) with an annual coupon of 7%. wyatt will pay interest only on this debt. wyatt's corporate tax rate is expected to be 21% for the foreseeable future. 1. calculate wyatt's annual interest tax shield 2. calculate the present value of wyatt's annual interest tax shield
1-Wyatt's annual interest tax shield is $1.47 million, 2-the present value of Wyatt's annual interest tax shield is $24.5 million.
1-Wyatt's annual interest tax shield can be calculated as follows:
Annual interest payment = $100 million x 7% = $7 million
Tax shield = Annual interest payment x Corporate tax rate
Tax shield = $7 million x 21%
Tax shield = $1.47 million
2-Using the annuity present value calculation, the present value of Wyatt's annual interest tax shield can be calculated:
Annual interest tax shelter / Discount rate = Present value
The present value should be calculated using Wyatt's cost of debt, which is the rate of return required by investors to hold Wyatt's debt. With a debt cost of 6%, the present value of Wyatt's annual interest tax shield is computed as follows:
Present value = $1.47 million / 6%
Present value = $24.5 million
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