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RUDIKE [14]
2 years ago
9

Lucia and Kenji need to decide which one of them will take time off from work to complete the rather urgent task of shearing the

ir llamas. Lucia is pretty good with a pair of shears; she can shear the llamas in 1 hour. Kenji is somewhat slow; it takes him 4 hours to shear the llamas. Lucia earns $120 per hour as a psychiatrist, while Kenji earns $20 per hour as a cobbler.
Keeping in mind that either Lucia or Kenji must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
a. Lucia and Kenji face identical opportunity costs
b. Kenji
c. Lucia
Business
1 answer:
skelet666 [1.2K]2 years ago
8 0

Answer:

B. Kenji has the lowest opportunity cost.

Explanation:

The opportunity cost is those resources that a person gives up when making a choice or making a decision.  If Lucia stopped working for an hour, stop receiving $ 120 . Otherwise, If Kenji stops working four hours, to shear the llamas, he stops receiving $ 80. Then, his opportunity cost is the lowest.

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LUVFINANCE, Inc. is estimating its WACC. It is operating at its optimal capital structure. Its outstanding bonds have a 12 perce
11111nata11111 [884]

Answer:

9.72%

Explanation:

Maturity = 34

Par-value = -1000

Coupon rate = 6%

Coupon PMT = -60

Value of bond = 1152

Semi-annual Yield = Rate(34, -60, 1162, -1000, 0, 0)

Semi-annual Yield = 5.00%

Annual Yield = 10%

Tax rate = 40%

After tax cost of debt = 10*(1-0.4)= 6%: Add: Flotation cost (5%) = 11%

Cost of preferred stock = Dividend/Price = 12/120 = 10%

Cost of equity = Risk free rate + Beta*Market risk premium

Cost of equity = 3.72 + 0.94*6

Cost of equity = 9.36%

Particulars  Value per    No of        Market   Weight  Cost of     Product

                    security    securities     value                    security

Bonds             1162       100000     116200000   0.15784   11          1.736213

P. stock           120        1000000  120000000  0.16299   10         1.62999

Equity              100        5000000 <u>500000000</u> <u>0.6792</u>   9.36       <u>6.35697</u>

                                                       736200000     1                         <u>9.72317</u>

So, the WACC of the firm is 9.72%

3 0
2 years ago
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri
disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0
3 years ago
While pollution regulations yield the benefit of a cleaner environment and the improved health that comes with it, the regulatio
masha68 [24]

Answer:

a. people face tradeoffs.

Explanation:

Tradeoffs means sacrificing something in order to achieve another thing.

Firms are sacrificing some of their profits in order to have an healthier and cleaner environment.

I hope my answer helps you

5 0
3 years ago
Financial data for a company is provided below: Cash, end of year, $500,000 Estimation of yearly cash expenses from negative cas
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Answer:

The company be able to continue without positive cash flows or additional financing for 39 Months

Explanation:

in given information assessed negative income from activity is (155,000), this is expected that there won't be any income from contributing or financing exercises.  

information given for records of sales and stock is superfluous since both are a piece of working income which is as of now evaluated.  

there for shutting balance toward the finish of year is $500,000 separated by negative income of (150,000) equivalents to months organization will ready to proceed without positive income or extra financing

8 0
3 years ago
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D all of the above this is correct because she would learn and derive information from all these sources.
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3 years ago
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