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Andrej [43]
3 years ago
6

Healthy Snacks has a target capital structure of 60 percent common stock, 3 percent preferred stock, and 37 percent debt. Its co

st of equity is 16.8 percent, the cost of preferred stock is 11.4 percent, and the pretax cost of debt is 8.3 percent. What is the company's WACC if the applicable tax rate is 34 percent?a. 13.29 percentb. 12.61 percentc. 12.34 percentd. 12.45 percente. 12.83 percent

Business
1 answer:
mars1129 [50]3 years ago
5 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.

<h3>Who is Michael Kremer?</h3>

Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.

Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.

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Debra tracks her business finances in a spreadsheet. She wants to figure out how much she could increase profits if she raises p
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Elise Philips, a leading fashion designer, connects with her followers through a strong online presence, promoting her brand and
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3 years ago
pencer Co. has a $300 petty cash fund. At the end of the first month the accumulated receipts represent 553 for delivery expense
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Answer:

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Event    Account Title and Explanation   Debit    Credit

1           Delivery expense                            $53  

           Merchandise inventory                   $167  

           Miscellaneous expense                  $22

                    Cash                                                   $242

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