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sveta [45]
3 years ago
6

You are given the following information on Parrothead Enterprises: Debt: 9,600 7.1 percent coupon bonds outstanding, with 24 yea

rs to maturity and a quoted price of 105.5. These bonds pay interest semiannually and have a par value of $1,000. Common stock: 255,000 shares of common stock selling for $65.10 per share. The stock has a beta of .96 and will pay a dividend of $3.30 next year. The dividend is expected to grow by 5.1 percent per year indefinitely. Preferred stock: 8,600 shares of 4.55 percent preferred stock selling at $94.60 per share. The par value is $100 per share. Market: 11.4 percent expected return, risk-free rate of 3.9 percent, and a 21 percent tax rate. Calculate the company's WACC. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
asambeis [7]3 years ago
7 0
Ya know what the gym did you put for the first week in the short drive through it
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Do you believe self-regulatory practices are sufficient without governmental regulation to protect consumers? If not, what type
kaheart [24]

Self-regulatory practice is like serving Lion 50gms of meat after 10 days without any protection.It will go for a kill and Government intervention is highly required. Buying consumer goods,land and property, corporation and technology and locomotive.It is for working class, middle class , lower middle class.

Explanation:

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6 0
3 years ago
How can we make sure animal shelters have food and space
Nikitich [7]

Answer:We can donate money or raise a fundraiser to get all the dogs who are in the shelter into a forever home or we can adopt a pet so there will be more space for a new dog to come.

Explanation:

5 0
3 years ago
Miguel was asked to improve his company's report format. Many employees and clients found the reports hard
VLD [36.1K]

In order to increase the readability, Miguel can use:

  • Shorter lines.
  • Columns.
  • Boxes.

<h3>Improving readability </h3>

Miguel can use shorter lines so that the chances of people getting lost when reading a sentence is reduced. He can also present the information in different columns for more organization.

Another way to organize the information can be in boxes. These can explain concepts away from the text so that the report is less cluttered.

In conclusion, there are several ways to increase readability.

Find out more on readability at brainly.com/question/3923453.

7 0
2 years ago
Swifty Company has identified that the cost of a new computer will be $30000, but with the use of the new computer, net income w
klio [65]

Answer:

10.0 years

Explanation:

The computation of the payback period is shown below

We know that

Payback period = initial cost ÷ increase in net income

= $30,000 ÷ $3,000

= 10 years

As the depreciation expense is a non-cash expense so we dont considered it

Therefore the first option is correct

8 0
3 years ago
Goodman Auto started the year with total assets of $300,000 and total liabilities of $175,000. During the year, the business rec
kow [346]

Answer:

The answer is $ 200,000

Explanation:

The net income reported by Goodman Auto for the year was,$475,000 - $275,000 = $ 200,000.

The net income is difference between revenue earned by the company and expenses incurred in order to earn this revenue. In the problem goodman auto revenue is equal to 475,000 and expense are 275,000. So the difference between 475,000 and 275,000 will be reported as net income.

5 0
3 years ago
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