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3 years ago

Is rand corporation a liberal or conservative company?

1 answer:

5 0

The RAND corporation admitt that they see themselves as a centrist rather than liberal or conservative.
But, Since The RAND corporation is a group that created to make analysis for United States Armed Forces, the RAND corporation tend to favor conservative policies.

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You have recently graduated from college with an MBA. Upon graduation, you start working for Roosevelt Power Plant. The boss, Mr

kvv77 [185]

Explanation:

Honesty in the workplace:

Honesty can give good reputation
Will stay focused on the work and the environment
Will keep commitments and thus increase productivity
It will increase the sense of responsibility to achieve success at higher rates
Increases mutual respect and thus gives good collaboration

Positive work environment:

Employee feel safe
Ability to achieve one's best
Gains greater energy to contribute
Provides an happy environment
Yields positive result from both individual and team work

These these factors will help Mr. Jones to understand that fraud will be prevented and detected.

3 0

3 years ago

If Wild Widgets, Inc., were an all-equity company, it would have a beta of 0.9. The company has a target debt-equity ratio of .4

Veronika [31]

Answer:

a. 6.5%

b. 13.06%

c. 10.91%

Explanation:

Cost of debt of a bond is yield to maturity. Yield to maturity is the rate of return that a investor actually receives or a borrows actually pays on a bond. It is long term return or payment which is expressed in annual term.

Formula for yield to maturity is as follow

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

By placing values in the formula

Assuming the bond face value is $1,000

Yield to maturity = [ (1000x7.2) + ( 1,000 - $1,090 ) / 20 ] / [ ( 1,000 + $1,090 ) / 2 ]

Yield to maturity = [ $72 + ( 1,000 - $1,090 ) / 20 ] / $1,045

Yield to maturity = [ $72 - $4.5 ] / $1,045

Yield to maturity = $67.5 / $1,045

Yield to maturity = 6.5%

So, the cost of Debt is 6.5%

As 0.9 is the unlevered beta, We need Levered beta due to restructuring of capital.

Beta Levered = Beta Unlevered x ( 1 + ( 1 - tax rate ) x Debt / Equity)

Beta Levered = 0.9 x ( 1 + ( 1 - 0.35 ) x 0.4 )

Beta Levered = 1.134

Cost of equity can be calculated using CAPM

CAPM calculated the expected return on an equity investment based on the risk free rate, market premium and risk beta of the investment.

Formula for CAPM is as follow

Expected return = Risk free Rate + Beta ( Market premium)

As we know the Risk premium is the difference of market return and risk free rate.

Expected return = Risk free Rate + Beta ( Market Return - Risk free Rate )

Ra = Rf + β ( Rm - Rf )

Ra = 4.1% + 1.134 ( 12% - 4.1% )

Ra = 13.06%

Cost of Equity is 13.06%

WACC is the average cost of capital of the firm based on the weightage of the debt and weightage of the equity multiplied to their respective costs.

According to WACC formula

WACC = ( Cost of equity x Weightage of equity )+ ( Cost of debt ( 1- t) x Weightage of debt )

Placing the values in formula

If the debt to equity 0.4 the equity value should be 1 and total capital is 1.4 ( 1 + 0.4 )

WACC = ( 13.06% x 1 / 1.4 )+ ( 6.5% ( 1- 0.35) x 0.4 / 1.4 ) = 9.71% + 1.2% = 10.91%

WACC is 10.91%

4 0

3 years ago

What type of MSD causes inflammation of the tendons that conmect bones to muscle?

alukav5142 [94]

Watch where you post, because this is not business!

Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!

6 0

3 years ago

Michael receives a monthly salary of $2500 plus a commission of 2% of total orders written. If his orders for the month were $34

Bumek [7]

Answer:

$3,180

Explanation:

Monthly salary would be the base salary = $2500

Since he would earn 2% of all orders, calculate the dollar value of the commission when total orders amount to $34000;

Commission = 2% *34000 = $680

His total pay would be calculated by adding the base salary to the commission amount;

Total pay = base salary + commission

Total pay = $2500 + $680

Total pay = $3,180

7 0

3 years ago

Farmers Produce, Inc., and Growers Market enter into a contract for the delivery of locally grown fruits and vegetables. The par

inn [45]

Answer:

correct option is a. not fully integrated

Explanation:

As per given in question we know Farmers Produce and Growers Market case delivery locally grown fruit and vegetables

so here it is a critical aspect to certain that all deals point discussed to be enter in to the final contract

and that the word precisely reflect the deal is a fully integrated contract that will have a clause

clause = Entire Agreement

clause = Integration

so here correct option is a. not fully integrated

6 0

3 years ago