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
pogonyaev
3 years ago
6

Suppose that TapDance, Inc.’s, capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of de

bt is 8 percent, while its cost of equity is 13 percent. Assume the appropriate weighted average tax rate is 34 percent. What will be TapDance’s WACC?
Business
1 answer:
Rzqust [24]3 years ago
5 0

Answer:

11.07%

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

= (0.25 × 8%) × ( 1 - 34%) +  (0.75 × 13%)

= 1.32% + 9.75%

= 11.07%

We simply multiply the weighatge with its capital structure so that the correct weightage cost of capital can come.

You might be interested in
El Salvador has a population density of about 620 people per square mile and neighboring Honduras a population density of about
BaLLatris [955]

Answer:

have a higher labor-to-land ratio than its imports from Honduras

Explanation:

The factor proportions theory  (or Heckscher-Ohlin model) of trade states that countries will export the goods which they can produce using their abundant factors of production. For example, countries like Japan that have abundance of labor force and capital, but very little land, will produce and export industrial goods that require a lot of labor and capital. On the other hand, countries like Argentina which have abundant labor and land, will export agricultural products.

in this case, El Salvador compared to Honduras has abundant labor, so the products that El Salvador exports to Honduras will have a higher labor-to-land due to the abundance of labor.

7 0
3 years ago
Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but charged the remaining amoun
Arisa [49]

Answer:

A. Debit Cash $1,000 and Debit Accounts Receivable $5,000 and Credit Fees Income $6,000

Explanation:

When revenue is earned and cash is paid, debit cash and credit revenue. However, when revenue is earned and cash is yet to be paid, debit accounts receivable and credit revenue.

Hence, given that Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but charged the remaining amount.

Entries required are

Debit Cash $1,000

Debit Accounts Receivable $5,000

Credit Fees Income $6,000

4 0
3 years ago
In a ________ marketing system, two or more unrelated companies put together resources or programs to exploit an emerging market
sammy [17]

In a horizontal marketing system, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity. Thus the correct option is E.

<h3>What is marketing?</h3>

Marketing refers as a technique in which awareness of any product is created with the help of advertising and promotion to attract customers and to encourage them to make a purchase.

A horizontal marketing system is a type of distribution channel in which unconnected businesses at the same level form an alliance. The objective is to take advantage of economies of scale.

Therefore, option E is appropriate.

Learn more about marketing, here:

brainly.com/question/13414268

#SPJ4

In the​ ________, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity.

A.contractual marketing system

B.vertical marketing system

C.conventional marketing channel

D.franchise organization

E.horizontal marketing system

8 0
1 year ago
What happens if you get pulled over without insurance?.
ehidna [41]

Answer:

It depends on which state you are in. In Michigan if you operate a motor vehicle on state roadways and you don't have car insurance, you could face the following: Driver's license and registration suspension. Up to one year in jail. Fines and fees up to $500.

Explanation:

4 0
2 years ago
Chaia makes slate table tops for a living. She is guaranteed a base pay of $300 per week, and also earns $75 per completed table
astra-53 [7]

Answer:

10 tabletops

Explanation:

Given that her basic weekly income is $300

Hence for her to meet are target of $1000 she has to work for the extra $700 since $300 is guaranteed

If one completed table top earn her $75

Hence she must complete 10 table tops to earn $750

Total earning = 750+300= $1050

3 0
3 years ago
Other questions:
  • Malander Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant
    10·1 answer
  • When the cost and benefits of a policy are narrowly concentrated, they ar?
    9·1 answer
  • After the Container Store forecasts human resources demand and supply, the firm is likely to engage in a systematic procedure fo
    13·2 answers
  • Which of these pieces of information would fit in a career plan's career requirements section? Check all that apply.
    10·2 answers
  • All of the following are concepts learned in English courses except O A. how to speak the language. B. literary criticism. C. gr
    12·1 answer
  • When the price of Nike tennis shoes goes from $100 to $80, the quantity demanded increases from 20 to 30 million. Over this pric
    6·1 answer
  • A negotiable instrument can function as a substitute for cash.
    11·1 answer
  • Heavy Products, Inc. (HPI) developed standard costs for direct material and direct labor. In 2020, HPI estimated the following s
    14·1 answer
  • A web interface which presents integrated personalized business content delivered to senior managers is ________.
    6·1 answer
  • Mary parker co. invested $15,000 in abc corporation and received common stock in exchange. mary parker co.'s journal entry to re
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!