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KATRIN_1 [288]
4 years ago
7

Oxley throws a rock intending to hit pieter but misses and hits ricardo who sustains an injury. ricardo can most likely recover

the cost of his injury from oxley in a suit based on the tort theory of​
Business
2 answers:
san4es73 [151]4 years ago
6 0

In the scenario in which Oxley throws a rock intending to hit Pieter but misses and hits Ricardo who sustains an injury, Ricardo can most likely recover the cost of his injury from Oxley in a suit based on the tort theory of​ conversion.

the conversion is a civil wrong (tort) in which one converts another's property to his/her own use and exposes you to liability for damages in a civil lawsuit.



Jlenok [28]4 years ago
3 0
<span>Ricardo can most likely recover the cost of his injury from oxley in a suit based on the tort theory of outrage. This theory is also called the Intentional infliction of emotional distress (IIED). It is a common law tort which allows individuals to recover for severe emotional distress caused by another individual that intentionally or recklessly inflicted emotional distress by behaving in an extreme and outrageous way.</span>
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WACC = 11.1%

Explanation:

The weighted Average cost of Capital is the average cost of capital for the different sources of long-term capital available to a firm weighted according to the proportion each source of finance bears to the total capital in the pool.

<em>Market of securities</em>

Common stock =  $80 × 32,500=  2,600,000.  

Preferred stock = $95.50 ×  7,350=   701,925.00  

Bond = 407,000/100 × 111.5= 453,805.00  

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Preferred stock = (7.90%× 100)/95.50= 8.3%

Bond= 8.11%× (1-0.4)=4.87%

<em>WACC</em>

Type                      Market Value          Cost           Market value  cost

Common stock   2,600,000.              12.95%         336,700.00  

Preferred            701,925.00              8.3%             58,065.00  

Bond                   4<u>53,805.00  </u>           4.87%            <u>22,100.30 </u>

Total                    <u>3,755,730.00</u>                               <u>  416,865.30</u>  

WACC = (416,865.30  / 3,755,730.00) ×  100

       = 11.1%

WACC = 11.1%

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