It is an example of cyclical unemployment.
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Answer: The cost of capital for a firm with no debt in its capital structure.
Explanation:
Leverage in finance refers to the use of debt. Unlevered capital therefore would refer to capital that is without debt which means that an unlevered cost of capital is one with no debt in its capital structure.
Companies with such a capital structure derive their capital 100% from Equity and as such do not pay interest. This means however, that they will not benefit from the tax shields that interest payments offer.
Answer: $350 Favorable
Explanation:
Fixed manufacturing overhead budget variance = Budgeted fixed overhead cost - Actual fixed overhead
= 10,890 - 10,540
= $350
As the Budgeted fixed overhead cost is larger than the Actual fixed overhead, that means that the company spent less than it budgeted to spend so the variance is FAVORABLE.
Answer:
B) False
Explanation:
As the decisions in the AGM is made on voting of the stockholders. Sharon has controlling interest in ABC Inc. because he has the more than 50% of the share holding in ABC Inc. Sharon can Terminate the election because he has the majority of voting rights and on the other hand the Jason has 5% interest and voting rights of the company which is even not enough to create a significant influence over ABC Inc. The decision of Sharon will be considered as final.
