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vladimir1956 [14]
3 years ago
10

A company has 100 million shares outstanding trading for $8 per share. It also has $900 million in outstanding debt. If its equi

ty cost of capital is 15%, and its debt cost of capital is 12%, and its effective corporate tax rate is 40%, what is its weighted average cost of capital? (Show workings)
Business
1 answer:
devlian [24]3 years ago
3 0

Answer: :)

Explanation: :)

You might be interested in
The following information is from Princeton Company's comparative balance sheets.
allochka39001 [22]

Answer:

cash received = $ 240,000

Explanation:

On calculating the common stock $10 par

Beg. balance - $ 118,000

                      $6,000      - Issuance of common stock

Thus the ending balance = $124,000

On calculating the paid in capital in excess of par

Beg. balance - $ 351,000

                      $ 234,000 - Issuance of common stock

Thus the end balance - $ 585,000

Therefore,

The cash received - $ 240,000

6 0
2 years ago
Which of the following types of documents is used to ensure that the project has clear boundaries for what is and is not include
elena55 [62]

4. A scope statement

For example, if you are remodeling your kitchen and dining room the scope statement would say what would be done in those rooms and that NO work would be done in the rest of the house. It is an important document to make sure all parties are on the same page.

8 0
3 years ago
Read 2 more answers
There is a need to develop theories about what kind of fraud has occurred.
Mashcka [7]
A fraud in general terms refers to a wrongful or criminal deception intended to result in a financial or personal gain. This kind of acts should be more observe especially to those people that are done by the wrongful act and theories and some investigation should be done in order to counter the next incident that might happen with the same kind of fraud.
4 0
3 years ago
Your total sales during a six-hour shift were $1,200. Your individual performance in terms of sales per hour would be:
Anit [1.1K]

Answer:

b. $200

Explanation:

The computation of the individual performance is shown below:

= Total sales ÷ number of shift hours

= $1,200 ÷ 6 hours

= $200

It means that per hour, the individual performance is $200

We simply divide the total sales by the number of shift hours, so that the sales per hour can determined

It shows a relationship between the total sales and the number of shift hours

4 0
3 years ago
Dale, a design engineer at a machinery manufacturing company, prepares a plan with a detailed estimate of the overheads and reso
Tasya [4]

Answer: Single-use plan

Explanation:

Single use plan is one of the method that helps in addressing the different types of organizational situation that helps in achieving the specific goals of the firm.

The budget, program, strategy and also the projects are the different types of single use planning process.

According to the given question, Dale is one of the design engineer in the manufacturing organization and dale is used to preparing the various types of plans with the proper resource and the overhead estimation.

Therefore, The dale is preparing the single use plan.    

6 0
2 years ago
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