1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ICE Princess25 [194]
2 years ago
10

Different loan rates. Winthrop Enterprises is a holding company​ (a firm that owns all or most of some other​ companies' outstan

ding​ stock). Winthrop has four subsidiaries. Each subsidiary borrows capital from the parent company for projects. Ervin Company is successful with its projects 93​% of the​ time, Morten Company 76​% of the​ time, Richmond Company 95 % of the​ time, and Garfield Company 82​% of the time. What loan rates should Winthrop Enterprises charge each subsidiary for​ loans?What loan rate should Winthrop Enterprises charge Ervin Company for​ loans?
Business
1 answer:
katovenus [111]2 years ago
5 0

Answer:

7.52689%

Explanation:

Ervin Company:To break even with an 93% success rate, Ervin will need to recoup

$1/0.93=$1.0752689.

Hence:

Winthrop should charge a return greater than ($1.0752689/$1.00) -1

=($1.0752689)-1

=0.0752689×100

=7.52689%

Therefore th eloan rate Winthrop Enterprises should charge Ervin Company for​ loans will be 7.52689%

You might be interested in
Jerry quarry sells building stone in a perfectly competitive market. At a its current level of building stone production, jerry
GaryK [48]

Answer:

increase its production of building stone

Explanation:

4 0
3 years ago
Joan is creating a new mail merge envelope to use in sending a letter to her customers. which word feature should she use for a
lbvjy [14]
The correct answer is: type new list.

HOPE THIS HELPS...
7 0
3 years ago
When Joe screens job applicants to ensure that he hires the most qualified candidate, he is performing the human resource functi
saul85 [17]

Answer:

Candidate Screening

Explanation:

Candidate Screening process is one of the human resource function through which the top managers works for selecting the best candidate's applications out of all those applications received. It involves screening that is going through the candidates resumes and cover letters.

It is a method through which skimming is done that is rejection of the unrequired candidates is done. Under such a method the candidate's screening is done keeping in mind the qualifications and experience of the candidate fit for the required post in the organization.

It is a negative process because it involves rejection of the candidates applications.

6 0
3 years ago
Read 2 more answers
Test Pilot, Inc. reported a net operating loss of $25,000 for its tax year ended December 31, 2018. Test Pilot reported income o
aalyn [17]

Answer:

Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.

Explanation:

Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent  year and therefore $5000 is carried forward to the year 2020.

6 0
3 years ago
Read 2 more answers
The next dividend payment by Hoffman, Inc., will be $2.65 per share. The dividends are anticipated to maintain a growth rate of
IrinaK [193]

Answer:

jvةنىعي تىهاخو٦ى ةلهةق ظىنلر تىلاىلا يعنب ان هناك الكثير

4 0
2 years ago
Other questions:
  • Karen rogers is a salesperson for solar panels inc. she attends builder trade shows to identify potential customers in an effort
    12·1 answer
  • Before leaving England, __________ memorized the plans for a water-powered spinning machine and set up a textile plan in Pawtuck
    7·1 answer
  • Randolph is a 30% partner in the rd partnership. on january 1, rd distributes $15,000 cash, inventory with a fair value of $20,0
    15·1 answer
  • With the ___________ inventory control system, producers hold only the amount of materials and parts that they need for a short
    13·1 answer
  • Which resource management activity identifies and verifies that personnel are qualified for a particular position? A. Qualifying
    12·1 answer
  • All of the following are consequences of a relationship of trust between supervisors and employees, except that ________.
    8·1 answer
  • what would happen in the market for loanable funds if the government were to increase the tax on interest income the demand for
    10·2 answers
  • Which of the following gives the best definition of cartel?
    7·1 answer
  • Crane uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (ret
    15·1 answer
  • The cost of plant in use with Hand Sanitizer Ltd (Hand Sanitizer), a manufacturing firm on 1 st April 2018 was GH₵375,000 agains
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!