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3 years ago

What percentage of people in africa rely on solid fuel for cooking? 50% 60% 70% 80%?

Business

1 answer:

Keith_Richards [23]3 years ago

3 0

The <span>percentage of people in Africa that rely on solid fuel for cooking is 80%</span>

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Croft Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 percen

Bezzdna [24]

Answer:

13.02%

Explanation:

Debt = 30% and Common stock = 70%

Cost of equity is 16% and debt is 8%

Tax is 24%

WACC = Cost of equity*Weight of equity + After tax cost of debt*Weight of debt

WACC = (0.16*0.70) + (0.08*(1-0.24)*0.30)

WACC = 0.112 + 0.01824

WACC = 0.13024

WACC = 13.02%

So, the the company's WACC is 13.02%

5 0

3 years ago

Bedekar, Inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. If this issue cu

Ainat [17]

Answer:

i=4.84%

Explanation:

the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:

$Value=\frac{1}{i-k}$

where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have

k=3.4/91

k=3.74%

and solving i for the previous formula:

$91=\frac{1}{i-0.0374}$

$0.01098={i-0.0374}$

$i=4.84\%$

8 0

3 years ago

Which one of the following is a non-profit financial intermediary?

MrMuchimi

A credit union is a non-profit financial intermediary.

6 0

3 years ago

Read 2 more answers

You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th

Vikentia [17]

Answer:

Monthly payment: 460.41 dollars

Effective rate: 4.07%

Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $25,000.00

time 60

rate 0.003333333

$25000 \div \frac{1-(1+0.003333)^{-60} }{0.003333} = C\\$

C $ 460.413

Now we need to know the effective rate, which is the same as 4% compounding monthly:

$(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1$

effective rate = 0.040741543 = 4.07%

8 0

3 years ago

The total overhead variance is the difference between actual overhead costs and budgeted overhead costs. True False

disa [49]

The difference between the realized overheads and the estimated overheads is the total overhead cost.

<h3>What are total overhead costs?</h3>

Total overhead costs are identified as the costs related to administration, sales, marketing, and production. Before the total overhead costs are realized, a budget regarding estimated costs is prepared.

The calculation of the total overhead costs is actual overhead costs less the budgeted overhead costs.

Hence, the aforementioned statement regarding total overhead costs holds true.

Learn more about total overhead costs here:

brainly.com/question/13018280

#SPJ1

6 0

2 years ago