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3 years ago

Choose the term that best matches the description given.

Business

1 answer:

RoseWind [281]3 years ago

4 0

Answer:

Copyright is a form of protection grounded in the U.S. Constitution and granted by law for original works of authorship fixed in a tangible medium of expression. Copyright covers both published and unpublished works.

Explanation:

i looked it up

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Crab Cakes Ltd. has 5million shares of stock outstanding at $15 per share and an issue of $10million in 10 percent, annual coupo

tatuchka [14]

Answer:

None of the choices is correct , please find step by step explanation to get the WACC below.

Explanation:

First, find the pretax cost of debt. Using a financial calculator, input the following;

Maturity of the bond; N = 25

Price of the bond; PV = -(0.97 *1000) = -970

Annual coupon payment; PMT = 0.10*1000 = 100

Face value of the bond ; FV = 1000

then CPT I/Y = 10.339% (this is the pretax cost of debt rD)

Next, find the cost of equity; rE = (D1/Price) +g

rE = (1/15) + 0.05

rE = 0.0667 + 0.05

rE = 0.1167 or 11.67%

Market value of equity= 5,000,000 *$15 = $75,000,000

Market value of debt = 0.97 *$10,000,000 = $9,700,000

Total market value = 75,000,000 +9,700,000 = $84,700,000

WACC = wE*rE + wD*rD(1-tax)

wE; weight of equity = 75,000,000/84,700,000 = 0.8855

wD; weight of debt = 9,700,000 / 84,700,000 = 0.1145

WACC = (0.8855* 0.1167) + [ 0.1034(1-0.30)]

WACC = 0.1033 + 0.0724

WACC = 0.1757 or 17.57%

4 0

3 years ago

When a case is appealed, the court of appeals decides the case solely based upon?

finlep [7]

<span>Question of law, also known as point of law. It is a question that must be answered by applying relevant legal principles to interpretation of the law. Answers to questions of law are normally expressed in broad legal principles and can be applied to many situations rather than particular circumstances or factual situations.</span>

3 0

3 years ago

Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.

Katarina [22]

Answer:

a) 5,6%

b)$16 191 937.48

Explanation:

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7 0

3 years ago

Hair Zone manufactures a brand of hair styling gel. It is considering adding a modified version of the product-a foam that provi

polet [3.4K]

Answer:

Should Hair Zone add the new product to its line? Why or why not?

Yes they should, since it would increase their total net income by $210,000.

Explanation:

Current hair gel New foam product

Unit selling price $2.00 $2.25

Unit variable costs $0.85 $1.25

expected sales for new foam product 1,000,000 units, but 600,000 units would replace sales from current hair gel

expected sales for current hair gel if new foam is introduced 900,000 units (1,500,000 if no new product is introduced)

Alternative 1 Alternative 2 Differential

no new foam new foam income

total sales revenue $3,000,000 $4,050,000 $1,050,000

total variable costs ($1,275,000) ($2,015,000) ($740,000)

additional fixed costs $0 ($100,000) ($100,000)

total $1,725,000 $1,935,000 $210,000

5 0

3 years ago

Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4

devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

6 0

2 years ago