Answer:
WACC is 9.35%
Explanation:
In order for us to compute the weighted average cost of capital, we have to first find the cost of equity (Ke) and the cost of debt (Kd)
1. Ke can be found by using CAPM - Capital Asset Pricing Model.
CAPM Formula: Ke = Rf + b(Rm-Rf)
where Rf = Risk free rate; Rm = Return expected of the market; b = beta
Therefore = Ke = 3% + 0.9(11%-3%) = 10.2%
2. Kd = Coupon rate (1 - tax rate), coupon rate is 7%, tax rate is 35%
therefore Kd = 7 (1-0.35) = 4.35%
Lastly we apply the WACC Formula which is Ke* (equity value/Total value of equity and debt) + kd*(debt value/Total value of equity and debt)
We are not given the values of equity and debt, bur we are given the fractions; we will use the fractions.
Therefore: Ke* (equity value/Total value of equity and debt) + kd*(debt value/Total value of equity and debt) = (10.2%*85%)+(4.35%*15%) = 9.35%
Before you leave the lot with a rental car, it is best to check for damages for a rental car means that it is not owned by you which will have some things you don't know of such as minimal damages or major damages that could cause the vehicle to break down. It is best to check for damages and to make sure that the gas is enough for it to start or to go through traveling before you wind up getting stuck in the middle of the road.
Answer:
the revenue variance is $1,990 unfavorable
Explanation:
The computation of the revenue variance is shown below:
Revenue variance
= Flexible revenue - actual revenue
= (2140 × $44.50) - $93,240
= $1,990 Unfavorable
hence, the revenue variance is $1,990 unfavorable
Answer:
Design planes
Explanation:
Aerospace engineers are the category of engineers that deal with the design, research, construction, and maintenance of aircraft. They are trained at the universities. Aerospace engineers are employed by factories that build and maintain aircraft, missiles, spacecraft, and other airborne objects.
Answer:
$23.33
Explanation:
Calculation for the Dividend yield for Baldwin
Using this formula
Dividend yield = Dividend per share + Increase in Dividend
Let plug in the formula
Dividend yield = $19.69+$3.64
Dividend yield =$23.22
Therefore the Dividend yield will be $23.22