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2 years ago

Once a person has been trained to operate a lift truck, they are authorized to use any type of lifting device

1 answer:

3 0

The answer is FALSE; an operator is only trained to operate a narrow aisle lift truck which is indicated on the permit of OSHA that has very clear standards that employees must follow. If an operator is in need to operate a lifting device with a larger capacity or a different kind of a lifting device, an operator will need conversion training with the class of lifting truck. It is not allowed to operate any lifting truck without proper training, authorized and employer certified on the specific class of lift truck. Once an operator is certified, he is responsible for the following safety procedures outlined in the training, truck manufacturers owner, operator’s manual, and company’s policies and procedures. The employer is intended to certify that each operator has been qualified and assessed as compulsory. Preceding to the employer verifying the operator: the operator must obtain classroom type training, hands on training and an assessment.

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The company estimates that it can issue debt at a rate of rd = 9%, and its tax rate is 40%. It can issue preferred stock that pa

klio [65]

Answer:

Cost of debt (after tax) = 5.4%

Cost of preferred stock ( $r_p$ ) = 10.53%

Cost of common stock ( $r_e$ ) = 16.18%

WACC = 14%

project 1 and project 2

Explanation:

Given that:

Debt rate ( $r_d$ ) = 9% = 0.09

Tax rate (T) = 40% = 0.4

Dividend per share ( $D_p$ ) = $6

Price per share ( $P_p$ ) = $57

Common stock price ( $P_0$ )= $39

Expected dividend ( $D_1$ ) = $4.75

Growth rate (g) = 4% = 0.04

The target capital structure consists of 75% common stock ( $w_e$ ), 15% debt ( $w_d$ ), and 10% preferred stock ( $w_p$ )

Cost of debt (after tax) =` $r_d(1-T)= 0.09(1-0.4)=0.09*0.6=0.054$

Cost of debt (after tax) = 5.4%

Cost of preferred stock ( $r_p$ ) = $\frac{D_p}{P_P}=\frac{6}{57}=0.1053$ = 10.53%

$r_p$ = 10.53%

Cost of common stock ( $r_e$ ) = $\frac{D_1}{P_0} +g=\frac{4.75}{39} +0.04=0.1618$

$r_e$ = 16.18%

$WACC=w_dr_d(1-T)+w_er_e+w_pr_p\\WACC=0.15*0.09(1-0.4)+0.75*0.1618+0.1*0.1053=0.14$

WACC = 14%

c) Only projects with expected returns that exceed WACC will be accepted. Therefore only project 1 and project 2 would be accepted

4 0

2 years ago

A company's beginning Work in Process inventory consisted of 37,000 units that were 90% complete with respect to direct labor. A

pychu [463]

Answer:

128,000 units

Explanation:

The calculation of the equivalent units of production using the weighted average method is given below:

= Total units of finished goods × completion percentage + ending work in process units × completion percentage

= 107,000 units × 100% + 42,000 units × 50%

= 107,000 units + 21,000 units

= 128,000 units

Hence, the equivalent units of production of direct labor is 128,000 units.

8 0

2 years ago

The PE ratio: Assuming Net Income for the year is $250,000, what is the net cash flows from operating activities given the follo

solmaris [256]

Answer:

Net operating cash flow = $189,250

Explanation:

Particulars Amount$

Net income 250,000

Add:depreciation expense 9,500

Add:loss on sale of asset 1,250

Add:increase in salary payable 19,500

Less:increase in prepaid rent (27,500)

Add:increase in AP 29,500

Less:increase in inventory (93,000)

Net operating cash flow $189,250

4 0

2 years ago

A fillorkill order will be A. will be cancelled at the end of the trading day if not executed by that time. B. executed immediat

katen-ka-za [31]

Answer:

D) will be cancelled if not immediately executed at the stated price or better.

Explanation:

A Fill-Or-Kill order can be regarded as

an order that is been made in order

to buy/sell a stock and it must be executed in entirety and immediately. If not executed immediately the order might be cancelled since partial Execution is not part of the process of Fill-Or-Kill order. It should be noted that A fillorkill order will be cancelled if not immediately executed at the stated price or better.

4 0

2 years ago

In the _____ stage of selecting information technology projects, organizations select information technology projects. a. projec

Rainbow [258]

In the Resource Allocation stage of selecting information technology projects, organizations select information technology projects.

Explanation:

The first step of a planning process to align the information technology strategic plan to the organization's overall strategic plan

The project planning stage refers to that stage of project planning which involves , selecting information technology projects, organizations and defining the scope of the project , benefits, and constraints of the same

The business area analysis stage of information technology planning outlines business processes that are central/important in achieving strategic goals and helps determine which ones could most benefit from information technology.

So,it is in the Resource Allocation stage of selecting information technology projects, organizations select information technology projects.

3 0

2 years ago