Cost price(CP)=$1399
VAT=6 1/2%=6.5%
Amount paid=SP=?
Hence the amount paid is given by,
↪SP=CP+VAT% OF CP
=1399+6.5%×1399
=1399+90.935
=$1489.935↪is the amount paid.
It indicates signs of inflation in the economy
Answer:
They'll make more business and money.
Explanation:
They will sell their country's services to them since they don't have their services in that country.
Answer:
P-value = .010444, this means it is statistically significant or probable that the proportion of people who are confident is larger than 70% at the 0.05 significance level.
Explanation:
Population proportion, p = 0.70
Number of people taken in a sample, n = 700
Sample proportion,
= 0.74
State the hypotheses:
H
₀:p = 0.70
Hₐ
:p < 0.70
one-tailed test, we must calculate z test statistic:
z = (
- p) / √{[p(1 - p)]/n}
z = (0.74 - 0.70) / √{[0.70(1 - 0.70)]/700} = 2.31
z = 2.31
using a table we can find out P-value for Z = 2.31:
P-value = .010444, this means it is statistically significant or probable that the proportion of people who are confident is larger than 70% at the 0.05 significance level.
Answer:
Check the following calculations
Explanation:
Bond trade at Par, thus,
Cost of Debt = Coupon rate = 8%
Tax rate = 35%
Post-tax cost of Debt (kd) = 0.08*(1-0.35) = 0.052
Beta of stock = 1.25
Market return = 10%
T-bills rate = 4%
Cost of Equity (ke) = 0.04*1.25*(0.1-0.04) = 0.115
Debt to equity ratio = 3
Weight of Debt (wd) = 3/4 = 0.75
Weight of equity (we) = 0.25
WACC= wd * kd+ we *ke
WACC =0.75* 0.052+0.25* 0.115
WACC =0.06775
WACC= 6.76%
Please note: In above solution, CAPM model used to determine the cost of equity because CAPM model gives minimum required return by equity investors.