Answer:
The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
Explanation:
total assets = common stock value + preferred stock value + debt
= 23000*57 + 6000*48 + 350000*102%
= 1956000
WACC
= (common stock value/total assets) * common stock rate of return
+ (preferred stock value/total assets) * preferred stock rate of return
+ (debt value/total assets) * yield to maturity of debt * (1-tax rate)
= (1311000/1956000)*14.2% + (288000/1956000)*7% + (357000/1956000)*8.49*(1 - 34%)
= 12.69%
Therefore, The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
The variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for September would be closest to $910.
Explanation:
Following are the cost which are listed as follows,
- Variable element per month client-visit Revenue = $44.50
- Personnel expenses= $26,100 $12.60
- Medical supplies= 6007.20
- Occupancy expenses= 6,500
- Administrative expenses= 3,100
- Total expenses= $36,300 $22.30
- Actual results achieved in the month of September is as under:
- Revenue= $93,240
- Personnel expenses= $50,754
- Medical supplies= $15,328
- Occupancy expenses =$11,646
- Administrative expenses= $3,394
- The formula for net operating income is calculated by subtracting the operating expenses from the total revenues.
- A flexible budget variance is known as the difference between the results incurred by a flexible budget model and the actual results.
- For the month of September, the cost would be closest to $910.
Answer:
d) in both statements
Explanation:
Demand is individual buyer's ability & willingness to buy a good, at given price, period of time. Supply is individual seller's ability & willingness to sell a good, at a given price, period of time.
Market Demand is all market buyers' ability & willingness to buy a good, at given price, period of time. It is horizontal, i.e quantity summation of individual demand curves, at respective prices.
Market Supply is all market sellers' ability & willingness to sell a good, at a given price, period of time. It is horizontal, i.e quantity summation of individual supply curves, at respective prices.
Market Equilibrium prices are quantities are determined based on, Market Demand & Market Supply equalisation (not individual demand, supply). So, 'in the corn market' , 'price of corn' are determined by market demand & market supply. Hence, using 'demand' & 'supply' in both statements is inapt.
Answer: Preferences and taste
Explanation:
The preferences and the taste are the characteristics in the business that are changed according to the customer requirement for the various types of products and the services in an organization.
The preferences is one of the main factors which helps in influencing the user or the customers demand.
According to the given question, the non-pricing determinant of the demand is changing according to the preferences and the taste of the consumer as the requirement of the user are get changed in the market.
Therefore, Preferences and taste is the correct answer.
Answer:
C) $100,000,000 of assets that it invests on a discretionary basis
Explanation:
For an institutional investor to qualify as Qualified Institutional Buyer (QIB) under Rule 144A of the Securities and Exchange Commission (SEC) it must:
- manage at least $100 million worth of securities
- the securities must come from issuers that are not affiliated with the institutional investor
In case of banks or savings and loans institutions, Rule 144A requires them to have a net worth of at least $25 million.
