Answer:
a. Haricot: 45 million
Pinto: 41.4
b. Haricot:
debtholders: 0
shareholders: 105 million
Pinto:
debtholders: 12 millipon
shareholders: 96.6 million
Step-by-step explanation:
We have to:
a.
Tax on Haricot 150 * 30% = 45
that is 45 million
interest on debt of Pinto = 200 * 6% = 12
that is to say 12 million
Profit of Pinto 150 million less the interest that would be 12 million
150 - 12 = 138
we calculate the tax
138 * 30% = 41.4 million
Therefore Tax amount
Haricot = 45 million
Pinto = 41.4 million
B.
return to shareholders of Haricot = 150 - 45 = 105 million
return to shareholders of Pinto = 150 - 12 - 41.4 = 96.6 million
Also:
return to debtholders of Haricot = 0
return to debtholders of Pinto = 12 million
