Partly this statement is true however this does not implies to all.
In a big company, it;s really the top managers who do all the planning and decision making for the good of the company and then cascade it to the lower level for implementations
Answer:
A federal payroll tax that supports retired workers is "social security tax". A Social Security tax is the duty demanded on the two managers and workers to finance the Social Security program. Social Security tax is generally gathered as finance assessment or independent work charge.
Explanation:
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The value of Rewards anticipated by workers is labeled <u>v</u><u>a</u><u>l</u><u>a</u><u>n</u><u>c</u><u>e</u><u> </u>in expectancy theory.
Answer:
9.04%
Explanation:
The computation of firm's WACC is shown below:-
MV of equity = Price of equity × Number of shares outstanding
= $68 × 12,200
= $829,600
MV of Bond = Par value × bonds outstanding × Percentage of par
= $1,000 × 370 × 0.951
= $351,870
MV of firm = MV of Equity + MV of Bond
= $829,600 + $351,870
= $1,181,470
After tax cost of debt = Cost of debt × (1 - Tax rate)
After tax cost of debt = 5.99 × (1 - 0.39)
= 3.6539
Weight of equity = MV of Equity ÷ MV of firm
= $829,600 ÷ $1,181,470
=0.7022
Weight of debt = MV of Bond ÷ MV of firm
= $351,870 ÷ $1,181,470
= 0.2978
WACC = After tax cost of debt × Weight of debt + Cost of equity × Weight of equity
= 3.65 × 0.2978 + 11.33% × 0.7022
= 9.04%
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