Answer:
False, it is not true that France had the highest level of real GDP per capita in 2019. There were other economies which performed better than France.
The correct option is Privatization of previously nationalized industries because Privatization of nationalized bank contributed to UK's growth.
Explanation:
Answer:
(a) 8.90%
(b) 3.00%
Explanation:
(b) After tax cost of debt:
= pretax cost of debt (1 - relevant tax rate)
= 5% × (1 - 0.4)
= 3.00%
(a)
Equity:
Market value = 65
weight = 0.65
WACC = weight × cost of equity
= 0.65 × 0.12
= 7.80%
Preferred stock:
Market value = 5
weight = 0.05
WACC = weight × cost of equity
= 0.05 × 0.04
= 0.20%
Debt:
Market value = 30
weight = 0.30
WACC = weight × cost of equity (after tax)
= 0.30 × 0.03
= 0.90%
Therefore,
Mullineaux’s WACC:
= 7.80% + 0.20% + 0.90%
= 8.90%
Answer:
Switching to consumer driven health plans
Explanation:
Meridith should include switching to consumer driven health plans in her list of strategies since she is trying to reduce health care benefits costs.
A consumer-driven health plan allows the workers in an organization, it could be both employers and their employees, to put aside amounts of money usually pre-tax money, which could be used to pay for qualified medical expenses not covered by their health plan.
Answer:
The answer is: A) New resources are provided when shares of stock are sold by the corporation to the initial owners.
Explanation:
When an initial public offering (IPO) is carried out, the corporation receives new resources ($) by selling shares of stock to initial owners. An IPO is a type of primary market since stocks are issued for the first time. Primary markets are also known as new issue markets since stocks, bonds or other types of securities are issued there for the first time.