Answer:
False
Explanation:
Buyers and Sellers do not physically see each other
First: Welcome! This app is for questions people may have. Mainly school questions. They have grade levels starting from Middle to College level. You can mark people the braniest if they give a really good answer to your question. Also, if you earn so many points you eventually level up (which is an awesome thing because it means you are helping a lot of people!) Hope you enjoy the app! (:
Answer:
The solution is given in the table file attached below
Explanation:
Answer:
0.73
Explanation:
Given that
WACC = 11%
Tax rate = 34%
Cost of equity = 14.9 %
Cost of debt = 8.6%
Recall that
WACC = (cost of equity × % of equity) + (cost of debt × % of debt) + ( 1 - tax rate)
We are to find
Cost of debt and cost of equity
Let
Cost of debt be x
Cost of equity be (1 - x)
Thus,
0.11 = (1 - x)(0.149) + (x)(0.086)(1 - 0.34)
x = 0.4228
Therefore,
Debt-equity ratio
= Cost of debt/cost of equity
= 0.4228/(1 - 0.4228)
= 0.73
What you described is called an executive order. The president can do this whenever he wants and if it's unconstitutional then the congress and the judiciary system, more specific the Supreme Court, can overthrow this and ban the executive order because it's considered to be unconstitutional or harmful. The president can use this for almost anything.
