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Luda [366]
4 years ago
8

Bay Beach Industries wants to maintain their capital structure of 40% debt and 60% equity. The firm's tax rate is 34%. The firm

can issue the following securities to finance the investments:
Bonds: Mortgage bonds can be issued at a pre-tax cost of 9 percent. Debentures can be issued at a pre-tax cost of 10.5 percent.
Common Equity: Some retained earnings will be available for investment. In addition, new common stock can be issued at the market price of $46. Flotation costs will be $3 per share. The recent common stock dividend was $3.60. Dividends are expected to grow at 6% in the future.
What is the cost of capital using debentures and external equity?
a. 10.96%
b. 13.12%
c. 11.30%
d. 11.69%
e. 11.35%
Business
1 answer:
Rina8888 [55]4 years ago
7 0

ajbguhiojpk[lllll;llpl

b

c. 11.30

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_____________is a set of approaches used to integrate the functions of operations management, logistics management, supply manag
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Answer:

<u>Supply chain management</u>

Explanation:

Supply chain management refers to a system of organizations, people, activities and information which are involved in the movement of products from the suppliers to the customers.

Such activities transform the inputs into finished products which are delivered to the end customers.

Logistics refers to the activities concerned with efficient movement and transportation of goods and products to the customers. This involves making the product available when and where required and within a specified time frame to yield customer satisfaction.

Operations management is conerned with ensuring effcient business operations with optimal utilization of resources and minimum possible wastage.

Marketing channel management refers to channels of distribution to be selected for making goods and products available such as wholesellers, retailers, etc.

Thus, supply chain management integrates the functions of logistics management, operations mangement, marketing channel management and supply management, to ensure products are available in the right quantities, at right places and at the right times.

3 0
3 years ago
The price of a cup of coffee is​ $2.00 and the price of a cookie is​ $1.00. Mary has​ $8 a day to spend on coffee and cookies. D
tiny-mole [99]

Answer:

A. what Mary can afford and what she cannot afford

Explanation:

The line will be the combination between Cookies and coffees she can afford with his daily income of 8

<u>She can afford to purchase any combination on the line or below the line</u>

for example,

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1 coffe 6 cookies = 8

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or just 1 coffe = 2

<u>She cannot afford above the line</u>

4 coffe and 3 cookies = 4*2 + 3 *1 = 11

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