Anish kapoor's to reflect an intimate part of the red represents:

Turnbull Co. is considering a project that requires an initial investment of $1,708,000. The firm will raise the $1,708,000 in c

exis [7]

Answer:

The weighted cost of capital for the project which is also the project discount rate is 10.12%

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)+Kp*P/V

Ke is the cost of equity of 13.2%

Kd is the cost of debt of 8.7%

Kp is the cost of preferred stock of 9.9%

E is the market value of equity raised of $880,000

D is the market value of debt issued of $750,000

P is the amount of preferred stock sold to investors of $78,000

V is the sum of the market values above=$880,000+$750,000+$78,000=$1708000

WACC=(13.2%*880,000/1708,000)+(8.7%*750,000/1708,000*(1-0.25))+(9.9%*78,000/1708000)=10.12%

8 0

3 years ago

Shockglass Company had a beginning inventory of $15,000. During the year, the company recorded inventory purchases of $45,000 an

Otrada [13]

Answer:

A. $10,000

Explanation:

We know that :

cost of goods sold = opening inventory + purchases - ending inventory

hence,

Ending Inventory = opening inventory + purchases - cost of goods sold

therefore,

Ending Inventory = $15,000 + $45,000 - $50,000

= $10,000

The ending inventory must equal: $10,000

8 0

3 years ago

Shane, a sales manager, remarked that typically, her employees sincerely and positively overstate their job performance and abil

e-lub [12.9K]

Answer:

C) holier-than-thou

Explanation:

A holier than thou appeal refers to an attitude of superiority. It was originally used as a religious expression to show that someone was more "holy" or more religious than other people.

But this approach of feeling superior also takes place in a business when a member of the organization feels that his/her job is better and more important than the jobs and performance of the rest. It implies being super optimistic about your own abilities and capabilities, enough for them to diminish others.

E.g. how many times have you heard someone else say that if it was him/her that was doing something important, everything would be great and flow smoothly, because they are the best in doing this and that, and about everything else.

8 0

3 years ago

Explain the relationship between market and entrepreneurship....long answer plz..

spin [16.1K]

Market is more for everyone working as a group and entrepreneurship is when there is one owner that works

6 0

3 years ago

Duff Inc. paid a 2.34 dollar dividend today. If the dividend is expected to grow at a constant 1 percent rate and the required r

Akimi4 [234]

Answer:

$24.60

Explanation:

The computation of the price for 4 years from now is shown below:

Price = Dividend ÷(Required rate of return - growth rate)

where,

Dividend is

= Dividend × (1 + growth rate)^number of years

= $2.34 × (1 + 0.01)^5

= $2.46

All the other items would remain the same

So, the price is

= $2.46 ÷ (11% - 1%)

= $24.60

8 0

3 years ago