Answer:
D. 9.44%
Explanation:
The computation of the weighted average cost of capital is shown below:
Weighted average cost of capital is
= Cost of debt × (1 - tax rate) × weight of debt + cost of equity × weight of equity
= 8% × (1 - 0.30) × 40% + 12% × 60%
= 2.24% + 7.2%
= 9.44%
Hence, the weighted average cost of capital is 9.44%
Therefore the right option is D.
17 which should equal 215.01 I think- sorry if I’m wrong
Answer:
<em>Focus Strategy</em>
Explanation:
Focus Strategy <em>is a marketing strategy in which a business focuses its resources on entering or expanding into a narrow segment of the market or industry.</em>
Usually a focus strategy is used where the company knows its section and has products to meet its needs competitively.
Focus strategy is one of three strategies for generic marketing.
Answer: $
Retained earnings beginning balance 142,000
Net loss for the year <u>(14,000)</u>
128,000
Retained earnings ending balance <u> (122,000)</u>
Amount of dividend declared <u> 6,000</u>
Explanation: In order to calculate the amount of dividend declared, there is need to deduct the net loss for the year from retained retained earnings beginning balance. Thereafter, we also need to deduct retained earnings ending balance.