Answer:
The correct answer to the following question is option E) 9.06% .
Explanation:
Here the cost of equity given is - 11.8%
Pre tax cost of debt- 6.9%
Tax rate- 35%
So the after tax cost of debt - 6.9% x 65%
= 4.485%
The debt to equity ratio - .6
So the weight of debt - .6 / ( 1 + .06 )
= .375
Weight of equity - 1 / ( 1 + .06 )
= .625
Weighted average cost of capital =
Debts cost x weight of debt + Equity cost x weight of equity
= 4.485 x .375 + 11.8 x .625
= 1.681875 + 7.735
= 9.06%
Answer: He is more likely to lose the case.
Explanation:
Philip is likely to lose because eventhoug the mechanic's action or conduct was an act of negligence toward Marsha, it was not a proximate causation in relation to Phillip, who was far away.
Proximate causation means it was not the primary cause of his injury , the mechanic could have not predicted or foreseen that Philip was going to be injured buy a running dog and that frees him from a duty to Philip.
Answer:
Correct answer is option c. $3 million.
Explanation:
Step 1. Given information.
- 3 million gain
- 50 million sales
Step 2. Formulas needed to solve the exercise.
The withholding amount on the part of the purchaser of this land = Total consideration value * 6%
Step 3. Calculation.
= $50 million *6%
= $3 million
Step 4. Solution.
Therefore correct answer is option c. $3 million.
The document that functions as the same in a personal real estate transaction is the Contract for Sale.
<h3>What is Real Estate?</h3>
Real estate refers to the property which specifically includes the land property or it can be said the property attached to the land. The property can be natural or the man made. It is also termed as the real property.
Contract for sale refers of the agreement between the buyer and the seller in which the sale of the goods and services takes places. It includes several important aspects such as price consideration, interest ,guarantee etc.
The document that functions as the same in a personal real estate transaction which involves the purchase of the transactions is the Contract for Sale.
Learn more about Contract for Sale here:
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