Answer:
33.17%
Explanation:
WACC = (D/E) rd (1 - tax rate) + (E/D) re
(D/E) = Debt to equity ratio
rd = pretax cost of debt
(E/D) = equity to debt ratio
re = cost of equity
0.66 x 8.9 x 0.54 + 19.8 x 1.52 = 3.17 + 30 = 33.17%
Answer:
The correct option is A
Explanation:
Transaction costs are the costs or the expenses which is incurred or made when it involves buying as well as selling of good or a service. And in the terms of financial nature, it is that cost or expense which comprise of the commission of broker, that is the differences among the dealer price paid for the security and the price which the buyer pays.
So, in this case, the large projects involve the land purchasing from landowners will not succeed because of expense like bank fees, attorney fees for negotiating the different deals. These fees examples are of transaction costs.
Answer:
C. A return of $70000
Explanation:
Given that
Beginning plan asset = 325000
End plan asset = 375000
Contributions = 130000
Total avalable assets initially = beginning plan asset + contributions
= 325000 + 130000
= 455,000.
Distributions of pension resulted in less 150000
Thus,
Balance = 455000 - 150000
= 305000.
But recall that the ending balance was
375000
Thus,
The difference between 375000 and 305000 = $70000, represents the return on plan assets.
Hence return on plan assets
= $70,000
NOTE that, the loss of $55,000 from sale of specific investments is included in the net gain of $70,000
Answer:
Gramm–Leach–Bliley Act
Explanation:
The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.
Answer:
a. the law of supply.
Explanation:
This pay scale agrees with the law of supply, which states that the higher the price, the higher the supply. We will observe that the higher the pay scale the higher the number of hours worked per week.