Answer:
To pay for groceries
Explanation:
Personal loan is a type of unsecured loan which a person takes to fulfill his basic daily financial needs. And it is quite flexible, means the borrower is free to use as per his/her need. For example, travelling costs, groceries, medical emergencies, home renovation etc.
Answer:
videoconferencing
Explanation:
The new era of globalisation has paved the way for the new technology. Video conferencing, in the business sector, has gained a lot of popularity because it has given an opportunity for people to interact and participate interactively. It provides a high degree of channel richness, perfect quality. Video conferencing helps people to interact and communicate despite the long distance.
Answer:
The company's weighted cost of capital is 12.6%
Explanation:
Weighted average cost of capital (wacc) is calculated using the following formula:
wacc = [ kd x (1-tax) x weight of debt] + [ke x weight of equity]
in which: kd is the cost of debt = 12.5%
ke is the cost of equity = 16%
Weight of debt = $120m / ($120m+$180m) = 40%
Weight of equity = $180m / ($120m+$180m) = 60%
--> wacc = [0.125 x ( 1-0.4) x 0.4] + [0.16 x 0.6]
= 12.6%
Answer: d) $33,538,000
Explanation:
Use straight line depreciation and find the annual depreciation.
= (40,900,000 - 4,090,000) / 15
= $2,454,000
In 3 years, the depreciation is;
= 2,454,000 * 3
= $7,362,000
Net book value = 40,900,000 - 7,362,000
= $33,538,000
