Pad 1 = folded 3 times
If folding a sheet of paper creates 2 layers, then folding a piece of paper creates 4 layers because you are basically folding the 2 layers you initially created which doubles it. (Folding any amount of layers doubles the layers).
Pad 2 = folded 2 times
This sheet of paper has 2 layers. That information was given to us beforehand.
Lastly add up all the layers: 4 + 2 = 6
Final answer: It took 6 layers of paper to prop up the table
Answer:
Capital budgeting is the process "of making capital expenditure decisions"
Explanation:
Capital budgeting is a planning process employed by a firm's management to evaluate if embarking on long-term investments (like purchase of a new machinery, replacement of old non-current assets, new product line, etc) are viable and profitable.
Decisions made by management must be informed decisions and one of the ways in which an investment decision can be evaluated to check if it is worthwhile is the capital budgeting process
Answer:
no option is correct, check the question to see if it was copied correctly and check the work to verify my answer
$1,430
Explanation:
worst case scenario:
2,500 units sold at $16 = $40,000
variable cost per unit $14 x 2,500 units = $35,000
contribution margin = $5,000
fixed costs = $8,500
depreciation expense = $11,000
cash flow = [(contribution margin - fixed costs - depreciation) x (1 - tax rate)] + depreciation
cash flow = [($5,000 - $8,500 - $11,000) x 0.66] + $11,000 = $1,430
Answer:
$27,600
Explanation:
Amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend:
= Shares issued * Percentage of stock dividend * Market price
= 46,000 shares * 2% * $30
= 46000*0.02*$30
= $27,600
Answer:
wP = 114.5 / 514.6 = 0.2225 or 22.25%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital structure of a firm can be made up of one or more of the following components namely debt, preferred stock and common equity. The WACC is normally calculated using the market value of these components. The formula for WACC is,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
- wD, wP and wE represents the weight of debt, preferred stock and common equity in the capital structure based on the market value
- rD, rP and rE are the cost of debt, preferred stock and common equity respectively.
To calculate the weight that should be assigned to the preferred stock in the calculation of WACC, we need to determine the market value of preferred stock and the market value of the capital structure.
Market Value - Debt = 10000 * 1000 * 1.01 = $10.1 million
Market Value - Preferred stock = 1 * 114.50 = $114.5 million
Market Value - Common equity = 26 * 15 = $390 million
Total MV of capital structure = 10.1 + 114.5 + 390 = $514.6
wP = 114.5 / 514.6 = 0.2225 or 22.25%
