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kirill [66]
4 years ago
8

If you do not complete high school, you are typically paid more than those who pursue post-secondary education Please select the

best answer from the choices provided T F
Business
2 answers:
Leokris [45]4 years ago
4 0

Answer:

False

Explanation:

Just had the question.

AysviL [449]4 years ago
3 0

Answer:

false

Explanation:

Post-secondary education refers to an education that goes beyond high school.

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At which stage of the business cycle would the economy be at when GDP begins to rise and the unemployment rate begins to fall?
Lyrx [107]

Answer: A - peak

Explanation:

Just took the test the other answer is wrong!!!

4 0
3 years ago
Computer Consultants Inc. is considering a project that has the following cash flow and cost of capital (r) data. What is the pr
Korolek [52]

Answer:

e. 14.20%

Explanation:

We use the formula:

A=P(1+r/100)^n

where

A=future value

P=present value

r=rate of interest

n=time period.

Hence

A=$450(1.1)^2+$450(1.1)^1+$450

=$450[(1.1)^2+(1.1)+1]

=$1489.50

Hence

MIRR=[Future value of inflows/Present value of outflows]^(1/time period)-1

=[1489.5/1000]^(1/3)-1

=14.20%(Approx)

4 0
3 years ago
The statement of owner's equity: Multiple Choice
QveST [7]

Answer:

E. Reports how equity changes over a period of time.

Explanation:

Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.

And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.

There is no statement prepared to show any change in owner's equity at a point.

Statement reporting cash flows is called cash flow statement.

Therefore, correct option is:

Statement E

5 0
3 years ago
"E3-26A Record manufacturing overhead (Learning Objectives 5 & 6) Refer to the data in Exercise 3-25A. Smith’s accountant fo
Kipish [7]

Explanation:

Journal entries are used by Accountants to post transactions into the respective General Ledger of a business.

It typically shows a debit side which records increase to expenses or Assets, it also could be a reduction to Income or Liabilities (if it is an adjustment Journal). And it also shows a credit side which records an increase to Income or Liability, it could also be a reduction to expense or Asset (if it's an adjustment journal)

4 0
3 years ago
Exxon has the following capital structure: the firm issued 6 million shares of common stock with the stock price in c), the firm
lesantik [10]

Answer: some data is missing but I was able to find it online and that helped me resolve the problem .

answer : WACC =  15.76%

Explanation:

Given that the common stock price = $9 ( as seen in option C not attached above )

value of common stock = $9 * 6 * 10^6 = $54,000,000

cost of common equity = 10.93%

current preferred stock price = $6

value of preferred stock = $6 * 1,500,000 = $9,000,000

hence the cost of the preferred equity = $4.5 / $6 = 0.75 = 75%

interest rate of debts = 6.5%

value of debit = $25,000,000

Corporate tax rate = 25%

∴ The cost of the debit after tax = 6.5% * ( 1 - 25)% = 4.88%

The Total value = value of common stock + value of preferred stock + value of debit

 = 54,000,000 + 9,000,000 + 25,000,00 = $88,000,000

<u>Finally the weighted average cost of capital ( WACC )</u>

[weight of debt * cost of debt after tax ] + [ weight of common equity * cost of common equity ] + [weight of preferred * cost of preferred ]

= [ (25/88) * 4.875 ] + [(54/88) * 10.933] + [ (9/88) * 75 ]

= 15.76%

3 0
3 years ago
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