Use the Following Information to Answer the Question(s)below

question 47

Multiple Choice

Use the following information to answer the question(s) below.
Google Corporation has no debt on its balance sheet in 2008,but paid $1.6 billion in taxes.Assume that Google's marginal tax rate is 35% and Google's borrowing cost is 7%.
-Assume that investors hold Google stock in retirement accounts that are free from personal taxes.If Google were to issue sufficient debt to reduce its taxes by $1 billion per year permanently,then the amount that Google needs to borrow is closest to:

• A)$14.25 billion.
• B)$22.00 billion.
• C)$24.50 billion.
• D)$40.75 billion.

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Definitions:

Spinal Curves

The natural arches in the spine that are present in the cervical, thoracic, lumbar, and sacral regions, important for balance and flexibility.

"S" Pattern

A term that could refer to various contexts, often denoting a shape, movement, or alignment that resembles the letter "S".

Feet Position

The placement or alignment of the feet, often considered in health and fitness contexts for correct posture, balance, or performing specific exercises.

Respiratory System

The biological system in humans and animals consisting of organs and structures used for breathing, such as the lungs and airways.