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Question - Ayen Company has three manufacturing divisions, each of which has been determined to be reportable segment. Common cost are appropriately allocated on the basis of each division's sales in relation to Ayen's aggregate sales. In 2015, Division 1 had sales of 10,000,000 which was 20% of Ayen's total sales, and had traceable operating costs of 6,000,000. In 2009, Ayen incurred operating costs of 1,500,000 that were not directly traceable to any divisions. In addition, Ayen incurred interest expense of 500,000 in 2015. In reporting segment information, what amount should be shown as operating profit Division 1 for 2009?
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?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Term Structure of Interest Rates
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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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