Answer:
When finding for the area of a square ,the lenght will be squared automatically leading to a greater value which is greater that of the rectangle which is length multipled by Width
Answer:
191.9
Step-by-step explanation:
(8 × 24) - (1 ÷ 10)=191.9
Total monthly saving = $1,315
<h3>What are savings?</h3>
Saving is the portion of income not spent on current expenditures. In other words, it is the money set aside for future use and not spent immediately.
Given:
Oakland Los Angeles
Cost Housing $565 $1200
Food $545 $655
Health Care $245 $495
Taxes $450 $625
Other Necessities $350 $495
Now,
Saving in house
= $1200 - $565
= $635
Saving in food
= $655 - $545
= $110
Saving in health care
= $495 - $245
= $250
Saving in taxes
= $625 - $450
= $175
Saving in necessities
= $495 - $350
= $145
Total saving = $635+$110+$250+$175+$145
= $1,315
Hence, the monthly savings should be $1,315.
Learn more about this concept here:
brainly.com/question/13096261
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The complete question is
Benito's family is thinking of relocating from Los Angeles to Oakland to save money. They set up a budget comparing the cost of living for both cities. Oakland Los Angeles Budget Item Cost Cost Housing $565 $1200 Food $545 $655 Health Care $245 $495 Taxes $450 $625 Other Necessities $350 $495 Monthly Total How much money will they save monthly by the move to Oakland? $1315 $1560 $1665 $1765?
Beta= 1.3
Debt to equity ratio= 0.4
Market rate of return= 11.6%
= 11.6/100
= 0.116
Tax rate= 32%
= 32/100
= 0.32
Risk free rate= 3.3%
= 3.3/100
= 0.033
Pretax cost of debt= 7.2%
= 7.2/100
= 0.072
The firm's WACC can be calacluated as follows
RS= 0.033+1.3(0.116-0.033)
= 0.033+1.3(0.083)
= 0.033+0.1079
= 0.1409
WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)
= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)
= 0.1006+0.0699
= 0.1705(100)
= 17.05%
Hence the firm's WACC is 17.05%
