Answer:
a. 8.79%
Explanation:
WACC = Weight of debt * Pretax cost * (1 - Tax) + Weight of Equity * Cost of Equity
Value of Equity = 10,700 * $63 = $674,100
Value of debt = 320 * $1000 * 93.6% = $299,520
Weight of Debt = $299,520/($299,520 + $674,000) = 30.76%
Weight of Equity = $674,000/($299,520 + $674,000) = 69.24%
WACC = 30.76% * 5.89% * (1 - 40%) + 69.24% * 11.13%
WACC = 30.76% * 5.89% * 0.60 + 69.24% * 11.13%
WACC = 0.010870584 + 0.07706412
WACC = 0.087934704
WACC = 8.79%
Answer:
The correct answer is: $5,140.80.
Explanation:
Simple Interest is a quick method of calculating the interest charged on a loan or the interest accrued out of an investment. It is determined by multiplying the interest rate by the principal by the number of periods. It is one of the most common methods used in finance to calculate the return on certain investments.
In the example, the number of years considered to calculate the interest is 17 because the 18th year on interest is realized by the end of that year. Thus:
- Deposit per year: $140
- Interest per year: $140 x 12% = $16.80
- Interest accrued: $16,8 x 17 = $285.60
- Total savings: (Deposit per year x number of years) + interest accrued
- Total savings: ($140 x 18) + $285.60
- Total savings: $5,140.80
Answer:
$2.18 per unit
Explanation:
The computation of the direct material cost per equivalent units is shown below:
As we know that
Direct Material cost per equivalent unit is
= Direct material cost ÷ equivalent units
where,
Direct material cost is
= $253,500 + $93,700
= $347,200
And, the number of equivalent units is
Equivalent units of production = Units processed + closing work-in-progress
= [(20,000 + 100,000) × 100%] + (39,000 × 100%)
= 120,000 + 39,000
= 159,000
Now the cost per equivalent unitis
= $347,200 ÷ 159,200
= $2.18 per unit
B accepting advice as a entrepreneur really helps as and accepting advice is part of being a good leader!
I think it's a cashier's check...(Don't mark my words)
