<span>A short-term goal typically spans a few days or a few weeks, and never more than six months in total. On the other hand, a long-term goal would usually take 12 months or more to accomplish. These are interrelated, because a long-term goal typically consists of several short-term aims.</span>
Answer:
8.02 %
Explanation:
Weighted Average Cost of Capital (WACC) is the the cost required by holders of permanent source of capital pooled together.
WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt
where,
Cost of Equity (CAPM) = 4 % + 1.08 x 7.5 %
= 12.10 %
Cost of Preferred Stock = 5%
Cost of Debt :
PMT = ($1,000 x 5.5%) ÷ 2 = $27.50
N = 19 x 2 = 38
PV = $1,000 x 104 % = - $1,040
P/YR = 2
FV = $1,000
I/YR = ??
Using a Financial calculator the YTM (which is the cost of debt) is 5.17 %
But,
We use after tax cost of debt.
After tax cost of debt = 5.17 % x (1 - 0.31) = 3.57%
also
Total Market Value = $5,720,000 + $7,700,000 + $1,961,000 = $15,381,000
Weight of Equity = 0.50
Weight of Preferred Stock = 0.13
Weight of Debt = 0.37
therefore,
WACC = 12.10 % x 0.50 + 5% x 0.13 + 3.57% x 0.37
= 8.02 %
This method of promotion is an example of SALES PROMOTION and is used to stimulate SELECTIVE demand.
Sales promotion is one of the five component of promotional mix and it refers to any effort make by a company to promote an increase in the sales of its products. Selective demand refers to a demand for a particular brand, it involves advertisements which are mainly target to persuade people to buy more of a particular brand of product.
When the consommé is very concentrated, it is because we add very little water compared to the amount of meat and bones. To clarify it we must add more water and cook.
<h3>What is a consomme?
</h3>
Consommé is a French term that refers to a concentrated broth made with meat that is usually clarified at the end of cooking so that it is transparent and free of impurities. As a general rule, it is served hot at the beginning of the meal.
<h3>How to make a consomme?
</h3>
The consommé is made following the following steps:
- We put water in a pot.
- We add chicken bones and beef.
- We wait for the water to boil.
- We add vegetables such as beans and carrots to aromatize.
If the consommé is very concentrated, it means that we exceeded the amount of bones and meat. When our consommé is very concentrated we can add more water and cook for a few more minutes until its concentration has been diluted.
Learn more about recipes in: brainly.com/question/1320828
