Answer: A non profit organization
Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.
They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.
The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).
Answer:
$414.64
Explanation:
For computing the value of zero-coupon bond we need to apply the present value formula i.e to be shown in the attachment
Given that,
Future value = $1,000
Rate of interest = 9% ÷ 2 = 4.5%
NPER = 10 years × 2 = 20 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $414.64
Answer: -$2,565
Explanation:
Operating Income with the Leashes line is $11,000.
If the Leashes line is dropped, the operating income would be:
= Sales of Collars - Variable expenses - Fixed expenses of Collars - Residual fixed expenses pf Leashes
= 210,000 - 135,000 - 56,000 - (38,000 - 27,435)
= $8,435
Change in Total income = Income without Leashes - Income with LEASHES
= 8,435 - 11,000
= -$2,565
Answer:
Shi Import-Export’s WACC is 9.44%
Explanation:
WACC is the minimum return that a project MUST offer before it can be accepted. It shows the risk of the company
<em>Capital Source Weight Cost WACC</em>
Debt 30% 4.5% 1.35%
Preferred Stock 5% 5.8% 0.29%
Common Equity 65% 12%. 7.80%
Total 100% 9.44%
<em><u>Cost of Debt </u></em>
Cost of Debt = Interest × ( 1-tax rate)
= 6% × ( 1-0.25)
= 4.5%
<em><u>Cost of Preferred Stock</u></em>
Cost of Preferred Stock = 5.8%
<em><u>Cost of </u></em><u>Common Equity</u>
Cost of Common Equity = 12%.
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