The length of the ramp is 61 feet.
<h3>What is the length of the ramp?</h3>
In order to determine the length of the ramp, Pythagoras theorem would be used.
The Pythagoras theorem: a² + b² = c²
where a = length
b = base
c = hypotenuse
√11² + 60²
√121 + 3600
√3721
= 61 feet
Please find attached the image of the ramp. To learn more about Pythagoras theorem, please check: brainly.com/question/14580675
The area formula for a triangle is 1/2 (base * height)
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%
Answer:
Step-by-step explanation:
K (-5, 1)
L (0, 1)
M (0, 3)
N (-5, 3)
744,567. 714,634. 646,789. 655,555 hope it helps
