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3 years ago

Which of the following types of financial aid do not require you to pay the money back?

1 answer:

8 0

Financial grants are the forms of a financial aid that do not really require the one who loans to pay the amount he or she received from a given individual or institution. In addition, these kinds of financial aid have its most examples when the government pays up the cost of college fees by a specific scholar.

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Alpha Industries is considering a project with an initial cost of $8 million. The project will produce cash inflows of $1.49 mil

IrinaVladis [17]

Answer:

NPV = 1,003,046

Explanation:

NPV = Present value of income - investment

investment 8,000,000

1,490,000 income per year during 8 years at rate x

We need to calculate the WACC so we can know the rate

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

equity-ratio = 0.40

$\frac{E}{E+D} =0.40$

debt-equity ratio = 0.6

$\frac{D}{E+D} =0.60$

$K_e= 11.27\\0.1127 \times0.40 = 0.04508$

$K_d = 5.61 \\0.0561\times (1-.35)\times 0.6 = 0.021879$

WACC 6.69590%

Now that we achieve the rate we solve for the present value of the cash flow

$C * \frac{1-(1+r)^{-time} }{rate} = PV\\$

$1.49* \frac{1-(1.06959)^{-8} }{0.06959} = PV\\$

PV 9,003,046

And finally get the answer

NPV 9,003,046 - 8,000,000 = 1,003,046

3 0

3 years ago

Information technology can be used to support _______________. product development teams customer support processes any other bu

Nadusha1986 [10]

Information technology can be used to support - D. all the choices are correct. All of these choices can benefit from information technology, whether those are product development teams, customer support processes, or any other business activities. Information technology nowadays is a must-have, because basically everything today is done using computers or the Internet, which is why all employees should be technologically-literate.

6 0

2 years ago

Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution

lawyer [7]

Answer:

North West South

Contribution margin $300,300 $499,000 $399,200

Controllable margin $139,700 $360,600 $209,900

Average operating assets $997,857 $1,567,826 $1,499,286

Minimum rate of return 13% 14% 9%

return on investment (ROI) = controllable margin / average operating assets

North's ROI = $139,700 / $997,857 = 14%

West's ROI = $360,600 / $1,567,826 = 23%

South's ROI = $209,900 / $1,499,286 = 14%

residual income = controllable margin - (average operating assets x minimum rate of return)

North's RI = $139,700 - ($997,857 x 13%) = $9,978.59

West's RI = $360,600 - ($1,567,826 x 14%) = $141,104.36

South's RI = $209,900 - ($1,499,286 x 9%) = $74,964.26

(1) If ROI is used to measure performance, which division or divisions will probably make the additional investment?

North and South divisions should probably make the additional investments since their current ROI is less than 16%

(2) If residual income is used to measure performance, which division or divisions will probably make the additional investment?

All the divisions since their minimum required rate of return is less than 16%.

6 0

3 years ago

Ceteris paribus, in a closed economy, if consumers become more optimistic ________.

alexandr402 [8]

Ceteris paribus, in a closed economy, if consumers become more optimistic the equilibrium interest rate should increase .

So the answer is the equilibrium interest rate should increase

5 0

3 years ago

The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents

Gekata [30.6K]

<span>The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping. </span>

3 0

2 years ago