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lana [24]
3 years ago
15

As a business owner, you're responsible for making the decisions that pertain to the profitability of your business. This decisi

on-making freedom best reflects the _____ advantage of small business ownership.
Business
1 answer:
kobusy [5.1K]3 years ago
7 0

Answer: Independence

Explanation: Independence can be explained as a state of existence where one's personal decisions, actions or steps does not hinge on another person's approval or acceptance. It could be seen as a state of autonomy where one can personally decide and actions one feels is best for a certain process at a particular time.

As a business owner, one thinks and acts based on one's personal volition of what is best for his or her business without having to sit and discuss with a group of individual's who may habiur different perceptions or scope. This freedom is usually enjoyed by small business owners rather than large groups of companies or corporations.

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A company has determined that its optimal capital structure consists of 43 percent debt and the rest is equity. Given the follow
ale4655 [162]

Answer:

31.5%

Explanation:

Given from the question kd = 7.0 %

Tax rate = 35 %

P0 = $ 28.86

Growth g = 4.9 %

D1 = $ 0.94

First find the cost of common stock by

rS = D1/P0 + g

=0.94/$28.86 + 0.49

=0.523

= 52.3%

Finally, calculate the weighted average cost of capital WACC,

using rs= 0.523,

Tax rate =43% =0.43

Equity E 100% - 43% = 57% =0.57 and

kd=7.0 % = 0.07

so WACC = (D/A)(1 -­ Tax rate)kd+(E/A)rs

= 0.43(1 ­- 0.43)(0.07) + 0.57(0.523)

0.0172 + 0.298

= 0.315

= 31.5%

6 0
3 years ago
You discover that every month that you make a loan payment on time, your credit score goes up 3 points. You want to raise your s
prisoha [69]
So you still have 60 points to go up. Every month is 3 more points. Divide 60 by 3 which will give you the number of months left before you reach your goal. 60/3= 20 months or 1 year and 8 months.
8 0
3 years ago
Read 2 more answers
Suppose you purchase a​ 10-year bond with 6.5 % annual coupons. You hold the bond for four​ years, and sell it immediately after
Andrews [41]

Answer:

  • a. What cash flows will you pay and receive from your investment in the bond per $ 100 face​ value?

Year 0   Year 1   Year 2   Year 3   Year 4  

-$109,13   $6,50   $6,50   $6,50   $112,53 (6,5+106,03)  

  • b. What is the annual rate of return of your​ investment?

5,3%, the YTM of the bond.

Explanation:

If the YTM of the bond does not change during the year, it means that at the time the bond was sold, the total rate of return would be the same as was when the bonds were purchased, in this case 5,3%.  

  • Bond Value

Principal Present Value  =  F /  (1 + r)^t  

Coupon Present Value   =  C x [1 - 1/(1 +r)^t] / r  

Price of the Bond at the moment it was purchased:  

The price of this bond it's $59,66 + $6,5 = $109,13  

Present Value of Bonds $59,66 = $100/(1+0,053)^10    

Present Value of Coupons $49,47 =  $6,5 (Coupon) x 7,61  

7,61 =   [1 - 1/(1+0,053)^10 ]/ 0,053  

Price of the Bond 4 years later:    

The price of this bond it's $73,66 + $32,68 = $106,03    

Present Value of Bonds $73,66 = $100/(1+0,053)^6      

Present Value of Coupons $32,68 =  $6,50 (Coupon) x 5,03    

5,03 =   [1 - 1/(1+0,053)^6 ]/ 0,053    

4 0
3 years ago
How are banks able to attract small savers if small savers can usually receive a higher interest rate from money market mutual f
oee [108]

Answer: Federal deposit insurance covers deposit in bank savings while money market mutual fund shares are not covered

Explanation:

There is what is called Federal deposit insurance, it covers deposit in bank savings while money market mutual fund shares are not covered. Money market mutual funds restrict savers savers to writing checks only above a specified amount such as $500, this shows that money market savings aren't as liquid as bank deposits

4 0
3 years ago
Sharp Company manufactures a product for which the following standards have been set:
topjm [15]

Answer:

See attached file pls

Explanation:

6 0
3 years ago
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