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kap26 [50]
3 years ago
8

When the president calls cabinet meetings today, the purpose of the meeting is to?

Business
2 answers:
GenaCL600 [577]3 years ago
5 0

Answer:

seek support for policies

Explanation:

-gradpoint

patriot [66]3 years ago
4 0
Seek support for policies
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Kline Construction is an all-equity firm that has projected perpetual EBIT of $360,000. The current cost of equity is 13.3 perce
Aleksandr [31]

Answer:

Value of Levered Firm is 1,728,095

Explanation:

As company has total equity based, So, the cost of equity will be the discount rate to calculate the value of equity.

Value of Equity = $360,000 ( 1 - 0.4 ) / 13.3% = $1,624,060

Value of Debt = $976,000

Total value = $1,624,060 + $976,000 = $2,600,060

Now calculate the WACC

WACC = (13.3% x $1,624,060/$2,600,060) + (5.9% x $976,000/$2,600,060)

WACC = 8.3% + 2.2%

WACC = 10.5%

Now Assuming the EBIT remains the same.

Value of the firm = [ ( $360,000- (976,000 x 5.9%) ) x ( 1 - 0.4 ) ] / 10.5%

Value of the firm = $181,450 / 0.105 = 1,728,095

8 0
3 years ago
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,100 of dir
Zina [86]

Answer:

Total work in process = $12,900

Explanation:

Provided information,

Cost incurred during the month on this order

Direct Materials = $2,100

Direct Labor = $3,600

Provided overheads are 200% of the direct labor cost = $3,600 \times 200% = $7,200

Thus month end balance of work in process = $2,100 + $3,600 + $7,200

Total work in process = $12,900

Note: additional information regarding expenses to be incurred is to be ignored, and the above value is the value of work in process.

Total work in process = $12,900

7 0
3 years ago
1. Owner is the of all employees. a.planning b. open-minders c.creativity D.professional​
Ilia_Sergeevich [38]

Answer:

D. i believe

Explanation:

4 0
3 years ago
In the price range where demand is inelastic, a decrease in price will result in a decrease in total revenue. True or False?
Kamila [148]
The answer is True
Explanation: N/A
5 0
3 years ago
The Ivanhoe Chemical Corporation announced that, for the period ending March 31, 2017, it had earned income after taxes of $2,76
pychu [463]

Answer:

Depreciation =$541,138.36

Explanation:

Income after tax = Profit before tax - income tax

Profit before tax = Profit before interest and tax (PBIT) - interest expense

Profit before interest and tax (PBIT) = Revenue - cost of sales - Depreciation and amortization

Cost of sales = 61% of sales = 61%× $13,148,000 =8,020,280

before before tax = Profit after tax /(1-T)

Profit before tax  = 2,768,313.00/(1-0.34) =  4,194,413.64  

Profit before interest and tax = Profit  before tax + interest

                                                  =  4,194,413.64   + 392,168 =  4,586,581.64  

Profit before interest and tax (PBIT) = Revenue - cost of sales - Depreciation and amortization

We can substitute the figures into the equation above to work out the depreciation and amortization

 4,586,581.64   = 13,148,000 - 8,020,280  - depreciation

  Depreciation= 5127720 -  4,586,581.64  =541,138.36

Depreciation =$541,138.36

4 0
3 years ago
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