Answer:
Suppose:
F stands for France, S stands for Sweden, and N stands for Norway.
The game according to the given condition is:
[ Find the matrix in attachment ]
Each point indicates that you invaded.
Answer:
a. Cost of debt = Interest * (1 - Tax rate)
= 10%*(1 - 0.30)
= 7%
Cost of preferred stock = Dividend/ Issue price
= 5/48
= 10.42%
Cost of common stock (Cost of retained earnings) = (D1/P0) + g
= (4/33) + 0.07
= 0.12 + 0.07
= 0.19
= 19%
b. Fund Cost Weight Cost * Weight
Debt 7% 0.15 1.05%
Preferred stock 10.42% 0.10 1.042%
Retained earnings 19% 0.75 <u>14.25%</u>
WACC <u>16.342%</u>
Answer:
A) Under no circumstances
Explanation:
Major Construction & Manufacturing Corporation makes a side payment to a government official in India. Under the Foreign Corrupt Practices Act, this is permitted Under no circumstances
Answer:
The answer is 92,000 shares.
Explanation:
Stock split occurs when new shares are issued to existing shareholder. A stock split adds or increases the number of shares outstanding in a company.
For example, A 2-for-1 stock split means that for every one share held by an investor, there will now be two shares.
Robinson's has 46,000 shares of stock outstanding
Therefore, a 2-for-1 stock split is:
2 x 46,000 shares
92,000 shares.
The total number of outstanding shares after the split is 92,000 shares