The choices are;
<span>a.57,000
b.60,000
c.75,000
d.63,000
Question
</span><span>How many units must Burlington produce
Given
12000 units on hand
</span><span>60,000 units expected production for the year
</span><span>15,000 units more for the year
</span>
Solution
N=is the number of units that Burlington has to produce. Subtract the already made units from the expected Burlington units for the year then add the additional units to be produced.
N = (6000-12000) +15000
N = 48000+15000
N= 63000 Answer
Answer:
Current stock price = $1.040
Explanation:
We know,
Current preferred stock price = Preferred dividend ÷ Expected rate of return
Given,
Expected rate of return = 4.69%
Preferred dividend = $4.88
Current preferred stock price = ?
Putting the values into the formula, we can get
Current preferred stock price = $4.88 ÷ 4.69%
Or,Current preferred stock price = $1.040.
Therefore, the current preferred stock price is $1.040.
Answer:
B) 9.1%
Explanation:
Cost of debt is the interest rate paid by a company due to borrowing money; i.e debt from investors.
$185million in debt is the face value of debt that Westford Corporation had and the $26 million dollars of interest expense is the cost of the debt in dollars;
First, find pretax cost of debt ;
Pretax cost of debt = (Interest expense / Face value of debt )*100
= (26,000,000/ 185,000,000 )*100
=0.1405 *100
= 14.05%
Next, use pretax cost of debt to find after-tax cost of debt;
After-tax cost of debt = Pretax cost of debt (1-tax)
= 14.05% *(1-0.35)
= 9.13%
Therefore, Westford's cost of debt capital is 9.1%
Answer:
I WOULD SAY HIGH INTRUST RATE.
Explanation:
Hope this helps <3 HAVE A GOOD DAY!
