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The discount rate used to calculate the tax shield is assumed to be equal to the cost of debt capital (thus, the tax shield has the same risk as debt). This and the constant debt assumption in (1) imply that the tax shield is proportionate to the market value of debt: Tax Shield = T×D .
In 1985, A. E. Staley purchased CFS Continental, a wholesale grocery company, for $360 million. A. E. Staley stated a need to diversify away from bulk food processing. After the acquisition, A. E. Staley changed its name to Staley Continental, Inc. (until 1993). [10] In 1988, British company Tate & Lyle acquired 90% of A. E. Staley for $1.42 ...
Titan A.E. is a 2000 American animated science fiction action-adventure film directed by Don Bluth and Gary Goldman, and starring Matt Damon, Bill Pullman, John Leguizamo, Nathan Lane, Janeane Garofalo and Drew Barrymore. Its title refers to the spacecraft central to the plot with A.E. meaning "After Earth".
Academy Sports + Outdoors; Bargain Hunt; Ben Franklin; Bi-Mart; Big Lots; BJ's Wholesale Club; Bob's Stores, 24 stores, (Connecticut, Massachusetts, New Hampshire ...
For example, sales returns and allowance and sales discounts are contra revenues with respect to sales, as the balance of each contra (a debit) is the opposite of sales (a credit). To understand the actual value of sales, one must net the contras against sales, which gives rise to the term net sales (meaning net of the contras).
May 20: Eiko Masuyama, Japanese voice actress (voice of Fujiko Mine in Lupin the Third franchise, Honey Kisaragi in Cutie Honey, Mama in Tensai Bakabon, Chappy in Mahōtsukai Chappy, Lady Iyo in Ikkyū-san, Sumire Hoshino / Paako in Perman (1983)), dies at age 89 from pneumonia.
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