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4 years ago

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What is generally true-in terms of needs and wants-about families whose income is below the poverty threshold?

1 answer:

Katarina [22]4 years ago

5 0

Answer:

What is generally true-in terms of needs and wants-about families whose income is below the poverty threshold?

It is a known fact that human want is insatiable which gives room to always dare to have more, as poverty threshold is concerned. The need s would be more prioritized than the wants, it is when you have enough that is when go for what you want, but with an economic scale below poverty threshold, the needs comes first than anything

Explanation:

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What are the main purposes of a budget?

disa [49]

In the context of business management, the purpose of budgeting includes the following three aspects:

•A forecast of income and expenditure (and thereby profitability)

•A tool for decision making

•A means to monitor business performance

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3 years ago

Read 2 more answers

?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm

Rama09 [41]

In this scenario, Daniel is <span>satisficing.
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3 years ago

R.S. Green has 250,000 shares of common stock outstanding at a market price of $28 a share. Next year’s annual dividend is expec

zhannawk [14.2K]

Answer:

WACC 6.18%

Explanation:

to get the cost of capital we solve using the gordon model:

$\frac{divends}{return-growth} = Intrinsic \: Value$

$\frac{divends}{Price} = return-growth$

$\frac{divends}{Price} + growth = return$

$$Cost of Equity =\frac{D_1}{P)} +g$

D1 1.55

P 28

f 0.00

g 0.02

$$Cost of Equity =\frac{1.55}{28} +0.02$

Ke 0.075357143

Then for the cost of debt, we need to calculate the YTM of the bonds:

which is the rate at which the present value of the coupon payment and maturity equals the market price:

For the complexity this is done with excel or a financial calculator there is also an approximation formula

YTM with excel: 0.073516565

now that we good this we need to determinate the weigth of equity and debt:

250,00 shares x 28 dollars each = 7,000,000

1,500 bonds of $1,000 each at 98% = 7,350,000

value of the company: 7,000,000 + 7,350,000 = 14,350,000

Ew: 7,000,000 / 14,350,000 = 0.487804878

Dw: 7,350,000 / 14,350,000 =0.512195122

Now we got all values and we can determinate the WACC:

$WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})$

Ke 0.075357143

Equity weight 0.487804878

Kd 0.074

Debt Weight 0.512195122

t 0.34

$WACC = 0.075357143(0.48780487804878) + 0.074(1-0.34)(0.51219512195122)$

WACC 0.0617752 = 6.18%

7 0

3 years ago

Using the percentage of receivables method for recording bad debt expense, estimated uncollectible accounts are $11,000. If the

frosja888 [35]

Answer:

Adjustment balance will be $13800

Explanation:

We have given estimated uncollectible accounts are $11,000

And doubtful account is $2800

We have to find the balance after adjustment

Balance after adjustment will be sum of uncollectible accounts and doubtful account

So the adjustment balance will be equal to $11000 + $2800 = $13800

So the adjustment balance will be $13800

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3 years ago

What is the usual term for spending on infrastructure, production facilities, or anything else that will increase future product

ololo11 [35]

Capital Investment. Capital investment includes spending money on equipment, factories, etc that will help the business be productive in the future.

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3 years ago