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Question - Alexander Mahone had total Cost of Goods Sold amounting to P21,601.65. He had a gross profit rate of 65%. Selling expenses are 15% of Net Sales. G&A expenses amounted to P15,477.15.
1. How much is Mahone's Net Sales?
2. How much are Mahone's Operating Expenses?
3. How much is Mahone's Net Income/(Loss)?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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