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
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
You might be interested in
Information related to plant assets, natural resources, and intangible assets at the end of 2022 for Tamarisk, Inc. is as follow
Studentka2010 [4]

Answer:

Partial balance sheet of Tamarisk, Inc.

<u>Non Current Assets :</u>

Buildings                                                          $1,140,000

Less accumulated depreciation—buildings  ($652,000)  $488,000

Coal mine                                                          $509,000

Less accumulated depletion—coal mine       ($107,000)  $402,000

Goodwill                                                                                $421,000

Total                                                                                      $1,311,000

Explanation:

The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.

8 0
3 years ago
What purpose does tesla serve in the economy?
grandymaker [24]

Tesla has created over 1,500 jobs at its ATVM-supported facilities. The Department of Energy's investment in Tesla supports the commercial deployment of advanced technologies that help U.S. automakers remain competitive in the growing global advanced vehicle market. This is the purpose of tesla serving the economy.

The economy is the field of production, distribution, trade and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

Learn more about the economy here:brainly.com/question/1106682

#SPJ4

8 0
2 years ago
A suite of integrated software modules for finance and accounting, human resources, manufacturing and production, and sales and
marissa [1.9K]

Answer:

(b) ERP system

Explanation :

ERP is know as enterprise resource planning , it is a software which is utilized for business process  

it enables an association to utilize an arrangement of incorporated applications to deal with the business and computerize many back office capacities identified with innovation, administrations and HR.  

ERP programming coordinates these different capacities into one complete framework to streamline procedures and data over the whole association. The main focus of all ERP frameworks is a mutual database that supports various capacities utilized by various specialty units.

6 0
3 years ago
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V
Pavel [41]

Answer:

c

Explanation:

3 0
3 years ago
In evaluating the profit center manager, the income from operations should be compared a.across profit centers b.to historical p
olya-2409 [2.1K]

Answer: to historical performance or budget

Explanation:

A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

6 0
3 years ago
Other questions:
  • You are going to the movie theater with your grandparents and your younger brother. Senior citizen tickets cost $6, your ticket
    15·1 answer
  • Which of the following is a common role of government in a” market economy? a. Provide public goods b. Own the factors of produc
    11·1 answer
  • Consider the market for meekers in the imaginary economy of Meekertown. In the absence of international trade, the domestic pric
    12·1 answer
  • Which of the following statements ignores the concept of opportunity cost?
    12·1 answer
  • The aggregate demand curve indicates the relationship between
    6·1 answer
  • What resources are required to have a successful business?
    6·2 answers
  • During the taking of its physical inventory on December 31,2008, Genesis company incorrectly counted its inventory as $126,000 i
    9·1 answer
  • Prepare journal entries to record the following transactions involving the short-term securities investments of Krum Co., all of
    15·1 answer
  • Discuss which financial management practices are least effective in creating and monitoring an operating budget?
    11·1 answer
  • heliot company operates its business in state h, which levies a 6 percent sales and use tax. this year, heliot purchased a $600,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!