Pros:
No one can stop you from picking that person/place/thing.
Cons:
you don't know what to decide.
Answer:
<em>Documentary evidence </em>
Explanation:
<em>CFAs resolve fraud allegations by taking statements, obtaining evidences and writing reports, testifying crimes and by assisting in the detection and prevention of white collar crimes. </em>
Any evidence that can be used at a trial as documents are called documentary evidence, it generally means the wrings on paper such as a will, contract or invoice. Tape recordings, photographs printed documents, emails and spreadsheets can also be considered documentary evidence. Although authenticity of genuine evidence needs to be proved
If a document is produced for other purpose instead of the examination of the contents of the document it is not considered to be a documentary evidence.
e.g if a letter is produced during the trial to prove that the author of letter was shot by the defendant then it would be considered as documentary evidence but a film of the incident or a written description of this incident by an eye witness would be considered as documentary evidence.
Answer:
12%
Explanation:
For computing the equity cost of capital first we have to determine the weight of the capital structure after that the WACC and then finally equity cost of capital which is shown below:
Weight of capital structure
For debt
= $200 million ÷ $400 million
= 0.50
For equity
= 50 million × $4 ÷ $400 million
= 0.50
Now the WACC is
= 0.50 11% + 0.50 × 5%
= 8%
Since the value fo equity is declined by
= 50 × $3
= $150
Now the equity cost of capital is
= WACC + (WACC - interest rate) × (debt ÷ equity)
= 8% + (8% - 5%) × (200 ÷ 150)
= 12%
