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Dafna1 [17]
3 years ago
5

The capital structure of Merritt Co. is 20% common equity and debt equal to 80%. The cost of common equity is 10% and the pretax

cost of debt is 5%. Merritt's tax rate is 21%. What is Merritt's weighted-average cost of capital?
Business
1 answer:
olchik [2.2K]3 years ago
7 0

Answer:69

Explanation:

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Mutalism is often a choicw
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Think about how and why goods and resources are scarce. Goods and resources can be scarce for reasons that are inherent to their
Lera25 [3.4K]

Answer:

A. Holiday lights in mid-December: Scarce on occasion: Holiday lights are only scarce on holiday season when the demand increases.

B. Air regardless of quality: Not scarce : Only high quality air (clean) is scare.

C. Land: Inherently scarce: No matter what we do, our planet is only one.

D. Patented goods: Artificially scarce: Patents are scarce because a law protects them.

E. Original Picasso paintings: Inherently scarce: Picasso is dead, so he cannot paint anymore.

8 0
3 years ago
George's Chemicals allocates overhead based on machine hours. Selected data for the most recent year follow. Estimated manufactu
ale4655 [162]

Answer:

$256,284

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

=  (Estimated manufacturing Overhead cost ÷ estimated machine hours)  

= ($235,900 ÷ 20,800 hours)

= $11.34 per hour

So, the applied overhead or manufacturing overhead allocated equals to

=  Predetermined overhead rate per hour × actual machine hours

= $11.34 per hour × 22,600 hours

= $256,284

4 0
3 years ago
An ______ is a period of low economic activity and rising unemployment.
soldier1979 [14.2K]
Recession or downturn
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3 years ago
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MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu
kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

Next year their products will have a $10 increase (10%), so the unit price will be $110.

Due to the price increase, the number of units sold will decrease by 15%, to a total of 425 units.

MG Lighting total sales will be $46,750. Approximately 3.2% of the total sales will be returned (equivalent to $1,496).

MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0
3 years ago
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