<u>Solution and Explanation:</u>
<u>Calculation of weighted average floatation cost is as follows:
</u>
By calculating the above equation, we get = (0.035556) plus (0.048889)
= 0.08444 = 8.44% (rounded to 2 decimal places)
<u>The amount of money raised is calculated as follows:
</u>
Amount required = 18000000 divided by 0.91556
= 19660098.7
= 19660099 (rounded off)
Answer:
c
Explanation:
usually when ppl have to reserve things it's usually booked
Answer:
$20,000
Explanation:
Since Slide Company does not have any controlling interest which is ability to influence the decision making.
In Power Company, it should recognize the amount of below as dividend income in the current year,
50,000 * 40% = $20,000
Answer: 26.73%
Explanation:
You can calculate the expected return using the Capital Asset Pricing Model (CAPM).
Formula is:
Expected return = Risk free rate + beta * (Market return - risk free rate)
Use the previous figures to solve for the risk free rate:
20.47% = Rf + 1.39 * (16.50% - Rf)
20.47% = Rf + 22.935% - 1.39R
20.47% - 22.935% = Rf - 1.39Rf
-2.465% = -0.39Rf
Rf = -2.465% / -0.39
= 6.32%
New expected return is:
= 6.32% + 1.39 * (21% - 6.32%)
= 26.73%
Answer: a lot more
Explanation: Organizations and businesses buy a lot more than consumers. They purchase industrial goods in large quantities to further process or use in their own business operations.
