C. Title Fee
The company will perform a title search to ensure that there is a clear path of ownership so there can be a legal sale contract.
Answer:
Correct option is D.
Explanation: A contingency is an existing situation where uncertainty exists as to possible gain or loss that will be resolved when one or more future events occur or fail to occur.
In business, a contingency plan is a plan or course of action a company would implement if an unexpected event occurs. Basically, what this means is that a company is preparing for any outcome.
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Answer:
(B) Unity of direction
Explanation:
The principal of unity of direction is one of the 14 administrative principles developed by Henri Fayol. It is a concept found in administrative management theory. The principle provides that there should be only one leader and one plan for a series of activities seeking the accomplishment of the same objective
Answer:
The company’s WACC is 11.38%
Explanation:
After tax cost of debt = 9.6*(1 - 0.34)
= 6.336%
Debt-equity ratio = Debt/Equity
debt = 0.64*Equity
Let equity be $x
debt = $0.64x
Total = $1.64x
WACC = Respective costs*Respective weights
= (6.336*0.64x/1.64x) + (14.6/1.64x)
= 11.38%
Therefore, The company’s WACC is 11.38%
