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aksik [14]
3 years ago
8

Titan Mining Corporation has 6.8 million shares of common stock outstanding, 245,000 shares of 4.1 percent preferred stock outst

anding, and 130,000 bonds with a semiannual coupon rate of 5.8 percent outstanding, par value $1,000 each. The common stock currently sells for $68 per share and has a beta of 1.20, the preferred stock has a par value of $100 and currently sells for $88 per share, and the bonds have 17 years to maturity and sell for 106 percent of par. The market risk premium is 7.6 percent, T-bills are yielding 3.6 percent, and the company’s tax rate is 23 percent. a. What is the firm’s market value capital structure?

Business
1 answer:
Arte-miy333 [17]3 years ago
6 0

Answer:

Please see attachment.

Explanation:

Please see attachment.

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If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.
Jlenok [28]

Rs 1600000

Explanation:

accounting equation= asset= liability+capital

3 0
3 years ago
Blake Mycoskie started a shoe business known as TOMS. As a social entrepreneur, Mr. Mycoskie takes the concept of ______________
Vinil7 [7]

As a social entrepreneur, Mr. Mycoskie takes the concept of corporate social initiative to a new level.

Corporate social initiative is when a corporate company tries to bring social awarenss through their volunteer efforts, bussinesses that benefit soceity and much more. TOMS donates a pair of shoes to a third world country each time a pair is bought. This is a way to help their economies and those living in them by giving back.

6 0
3 years ago
A congress woman from a state with several ball-bearing factories explains that it is necessary to impose trade restrictions, su
torisob [31]

Answer:

C. Jobs argument

Explanation:

The job preservation argument is brought up by unions to look out for union jobs.

7 0
3 years ago
Preparing a Cost of Goods Sold Budget
Art [367]

Answer:

Direct Materials      $    14*20,000            = $ 28000

Direct Labor            $  14*1.9* 20,000       = $ 532,000

Variable Overhead  $ 14*1.9*1.2*20,000  = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000  =  $957600

Total Manufacturing Cost $                = 2156000

Less: Ending Inventory $   107.8*730 = 78649

Cost of Goods Sold                      $2077306

Working:

Total Manufacturing Cost $  per unit      = 2156000/ 20,000= 107.8 $

Ending Inventory $   107.8*730 = 78649

4 0
3 years ago
Other things the same, which bond would you expect to pay the lowest interest rate?
Elis [28]

Answer:

d) a bond issued by the U.S. government

Explanation:

A bond issued by the US government will be expected to pay the lowest interest rate because the default risk is almost 0 with the US government which means that it is a risk free investment for the lender. The investor will be willing to lend money to US government at the lowest interest rate out of all the options because it is the safest investment therefore the investor's required rate of return is the lowest for US government.

3 0
3 years ago
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