Answer:
The un levered beta ( bu) of the company is 1.52
Explanation:
Given information -
Equity (E) - $20 million
Debt (D) - $5 million
Beta ( levered ) - 1.75
Tax rate ( T ) = 40%
D / E ( Debt to Equity ratio ) = $ 5 million / $20 million = .25
Formula for taking out un levered beta ( bu) is -
Beta levered ( bl ) = Beta un levered ( bu ) [1 + (1 - T ) D / E ]
1.75 = bu [1 + (1 - 40% ) .25
1.75 = bu [1 + .6 x .25 ]
1.75 = bu [ 1 + .15 ]
1.75 = bu [ 1.15 ]
bu = 1.75 / 1.15
bu = 1.52
Answer:
Correct Answer:
b. Less extensive testing of records
Explanation:
Technology which is the use of machines or electronical devices to make work easier is applied in most organizations by organizational managers. <em>Unfortunately, less extensive testing of records is not one of its uses but rather detailed and extensive testing in order to check if there is any error in the records.</em>
Answer:
Answer is a i.e. 0.
Explanation:
No net loss is allowed for personal/rental properties.
Answer:
The answer is 36.5 days
Explanation:
Average days to sell inventory is the number of days it takes a firm or business to sell its inventories in a year.
(Average inventory/cost of goods sold) x 365 days
Average inventory = ($800 + $1,200) ÷ 2
=$1,000
Therefore, Barry Bee's average days to sell inventory is ($1,000 ÷ $10,000) x 365days
=36.5 days
