Answer:
Withdraw from the engagement and provide no further service concerning these financial statements.
Answer:
product-development
Explanation:
Producto development is carried out in the field of business, engineering and design, it is the complete process of creating and bringing a new product to the market. There are two parallel aspects that are involved in this process: one implies product engineering; The other, market analysis. Marketing managers consider the development of a new product as the first step in managing the product life cycle.
Consolidation is the logistics process of removing cargo off an incoming truck or railway and loading it immediately onto an outgoing truck or railcar with little or no storage in between.
<h3>How would you define consolidation?</h3>
- The consolidation process or act; the state of consolidation. The act of merging; especially, the joining of two or more corporations through the dissolution of the former and the formation of the latter into a single new entity.
- The Latin word consolidation, which meaning "to merge into one body," is where the word consolidate derives from. In any situation, consolidating entails combining a number of smaller objects into a single, larger group. For instance, a traveler might combine all of their belongings into one sizable bag.
- Debt consolidation is the process of combining all of your debts into a single loan or monthly payment, including credit card bills and other loans. Consolidating your debts could simplify or reduce your monthly payments if you have a number of loans or credit card accounts.
To learn more about consolidation refer to:
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Answer:
Debt equity ratio = 1.01
Explanation:
given data
WACC = 11.2 percent
cost of equity = 16.8 percent
pretax cost of debt = 8.7 percent
tax rate = 35 percent
to find out
What does the debt-equity ratio need to be for the firm to achieve its target WACC
solution
we get here WACC that is express as
WACC = Wd × Rd × (1-t) + We × Ke ..................1
here Wd is weight of debit and t is tax rate and Ke is cost of equity and
Wd + We = 1
so We = 1 - Wd
put value in equation 1
WACC = Wd × Rd × (1-t) + We × Ke
11.20% = Wd × 8.70% ×(1-35%) + (1-Wd) × 16.80%
solve and we get
Wd = 0.5025
so We will be
We = 1 - 0.5025
We = 0.4975
and
Debt equity ratio will be
Debt equity ratio = 
Debt equity ratio = 1.01
