Whats the Whole Question?
Answer:
It would take a total of 14.572001 Months to pay off the balance, with interest
Explanation:
$2470.04 Would take 12.6 months to pay off, therefore, you must apply 17.99% yearly interest to this figure.
$2470.04 * .1799 = $444.36 interest
Principal + interest = total
$2470.04 + $444.36= $2914.4
$2914.4 / $200 = 14.57 months
Answer:
A consumer is one who is the decision maker whether or not to buy an item at the store, or someone who is influenced by advertisement and marketing.
The correct answer to this open question is the following.
Companies can help to ensure they do their part toward achieving the Sustainable Development Goals set out by UNCTAD by establishing a continuing education program so employees can do what is expected on this issue. Management can start funding campaigns to donate some money to the cause. Ask employees to give volunteering time to noble causes and environmental. The company has to set an example from top management to the operational level to do the right thing always, no matter the circumstances.
We are talking about the sustainability development goals created by the United Nations Conference on Trade and Development (UNCTAD).
Answer:
10.32%
Explanation:
Given :
Long term debt = 325000
Percent of par = 96.1% = 0.96
Market to book ratio = 2.71
Equity = 585000
Cost of debt = 0.0435
Cost of equity = 0.115
Market value of debt:
Bond sell for percent of par × long-term debt
0.96 × $325000
= $312,000
Market value of equity:
Equity × Market-to-book ratio
$585,000 × 2.71
$1585350
Total market value:
Market value of debt + Market value of equity
$312000 + $1585350
= $1897350
Weight of debt:
Market value of debt / Total market value
$312000 ÷ $1897350
= 0.1644
Weight of equity:
= 1 - Weight of debt
= 1 - 0.1644
= 0.8356
WACC:
= (weight of equity × cost of equity) + (weight of debt × cost of debt )
= (0.8356 × 0.115)+(0.1644 × 0.0435)
= 0.1032
= 10.32%