Answer: C. Low risk, low return
Explanation:
Total staff = 4 + 20 + 4 + 2 + 50 = 80
P(Factory Worker) = 50/80 = 5/8
Answer: 5/8
Answer:
The best estimate of the company’s cost of equity is 12%
Explanation:
Estimate of the company’s cost of equity = (Required Return as per Capital Asset Pricing Model + Cost of Equity) / 2
Required Return as per Capital Asset Pricing Model = Risk Free rate + Market Risk Premium * Beta
= 4.9 % + ( 6% * 1.2)
= 0.049 + 0.06 * 1.2
= 0.049 + 0.072
= 0.1210
= 12.10%
Cost of Equity = (Expected Dividend/Price) + Growth Rate
= [( $ 1.30 * 1.08) / $ 36] + 8%
= 0.039 + 0.08
= 0.1190
= 11.90%
The best estimate of the company’s cost of equity = (12.10 % + 11.90 % )/ 2
= 24% / 2
= 12%
Hence, the best estimate of the company’s cost of equity is 12%
Answer:
The amount of sales tax per tire = $3.825
The total sales tax = $2,218.50.
Explanation:
These can be be calculated as follows:
Sales tax per tire = Retail price per tire * Sales tax rate = $85 * 4.5% = $3.825
Total sales tax = Number of tire purchased * Sales tax per tire = 580 * $3.825 = $2,218.50
Therefore, the amount of sales tax per tire is $3.825 and the total sales tax is $2,218.50.
Answer:
Rescission
Explanation:
Rescission is the voiding of a contract not recognized as legally binding. The courts can free non-liable parties from their agreed obligations and, when possible, will effectively seek to restore them to the position they were in before the contract was signed.
You can refer more about "rescission" in this link
https://en.wikipedia.org/wiki/Rescission_(contract_law)
