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2 years ago

Corporate culture is important to have in an organization which jf the following is a readin why corporate culture is important

Business

1 answer:

solniwko [45]2 years ago

6 0

Corporate culture is important as it guides how the workers in a company act and think.

<h3>What is corporate culture?</h3>

It should be noted that corporate culture simply means the behaviors that determine how the employees of a company interact.

In this case, corporate culture is important as it guides how the workers in a company act and think.

Learn more about culture on:

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You are given the following information for Watson Power Co. Assume the company’s tax rate is 24 percent. Debt: 14,000 6.3 perce

Alenkinab [10]

Answer:

10.18%

Explanation:

The computation of the WACC is shown below:

But before that following calculation is to be done

The value of debt is

= 14000 × $1,000 × 107%

= $14,980,000

The value of equity is

= 470,000 × $65

= $30,550,000

The value of preferred stock is

= 20,500 × $86

= $1,763,000

Now

value of total capital is

= $14,980,000 + $30,550,000 + $1,763,000

= $47,293,000

Now we find the cost of debt using excel function i.e.

= RATE(nper,pmt,pv,fv)) × 2

= RATE(29 × 2,1000 × 6.3% ÷ 2,-1000 × 107%,1000)) ×2

= 5.80%

Now

Cost of common stock is

= 5.2% + 1.16 × 7%

= 13.32%

cost of preferred stock is

= (100 × 4.1%) ÷ 86

= 4.77%

Now finally

WACC = weight of debt × cost of debt ×(1 - tax rate) + weight of equity × cost of equity + weight of preferred stock ×cost of preferred stock

= ($14,980,000 ÷ $47,293,000) × 5.80% × (1 - 24%)+($30,550,000 ÷ $47,293,000) × 13.32% + ($1,763,000 ÷ $47,293,000) ×4.77%

= 10.18%

5 0

3 years ago

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following i

sveticcg [70]

D) 63,200 ……………….hope this helps

8 0

3 years ago

Contribution margin is always the same as gross profit margin. is calculated by subtracting total manufacturing costs per unit f

goldfiish [28.3K]

Answer: equals sales revenue minus variable costs

Explanation: In simple words, contribution margin refers to the amount of revenue that an organisation is left with after paying for the variable expenses that are incurred for the generation of such revenue.

It is an important aspect of an organisation as it somehow depicts the ability of it to pay its fixed expenses like interests etc.

7 0

3 years ago

Internet access to use online banking costs you $39.99 per month. A book of checks costs you $17.95 per 100. Your bank charges y

algol [13]

Answer:

$21.9275

Explanation:

The cost of online banking is $39.99

The cost of checks books is $17.95 per 100. The cost associated with 25 checks

= $17.25/100 x 25

=0.1725 x 25

=$4.3125

The cost of a stamp is 50 cents, which is $0.50

for 25 checks

=$0.50 x 25

=$12.5

The writing fee

=$0.05 x 25

=$1.25

Total cost of using checks

= $4.3125 + $12.5 +$1.25

=$18.0625

the difference between online banking and checks

= $39.99 - $18.0625

=$21.9275

6 0

3 years ago

Edith Carolina is president of the Deed Corporation. The company is decentralized, and leaves investment decisions up to the dis

Softa [21]

Answer:

Check the explanation

Explanation:

In this case option A is the correct option, i.e. Carolina will accept the new cosmetic line but Sanders will reject the new cosmetic line. This is because Carolina being the president of Deed Corporation would like to take the cosmetic line differently and with the expected rate of return of 12%, i.e. higher than the minimum required rate of return of 8%.

However, Sanders has achieved a 14% rate of return from his cosmetic division thus, being the manger he would not like his performance to go down with 12% return from the new cosmetic line. Thus, option A is the correct option.

8 0

3 years ago