OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 6,000 bonds. Sup
pose the common shares are selling for $16 per share, the preferred shares are selling for $25 per share, and the bonds are selling for 109 percent of par.What would be the weight used for equity in the computation of OMG’s WACC?
The real cost of attending a concert includes both explicit as well as an implicit cost. The explicit cost is the direct cost paid out of pocket. For instance, the cost of concert tickets, transport cost, cost incurred on food and beverages, etc are the direct or explicit cost.
The implicit costs are the indirect costs which are not directly incurred. The main example of implicit cost is the opportunity cost of attending the concert. Opportunity cost is the cost involved in sacrificing the alternative. For instance, if a person is taking leave from work then the wages that he/she could have earned is an opportunity cost.
The answer that best fits the blank provided above is the term AGENTS. Agents are different from merchant wholesalers in terms of possession of the goods. What agents do is the facilitation of the process of the distribution of goods and they do not have any goods on hand.
Liability coverage is a part of the general insurance system of risk financing to protect the purchaser from the risks of liabilities imposed by lawsuits and similar claims.