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3 years ago

Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years?

Business

1 answer:

alexandr402 [8]3 years ago

5 0

Answer:

$4,320

Explanation:

Covert 8% to a decimal, in this case is 0.08. Then multiply all three values together.

9000 * 0.08 * 6 = 4320

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Mary, Nick, and Owen want to form a limited partnership to manage MN&O Services. A limited partnership must have at least:

kozerog [31]

Answer:

The answer is A. The company must have One general partner and at least one limited partner.

Explanation:

To register a limited partnership, there must be at least a general partner who manages and run the whole business and who has an unlimited liability of the business and at least a limited partner whose liability are limited and bounded to the amount of shares or investment in the business.

4 0

3 years ago

Problem 14-13 Calculating the WACC [LO3] Dinklage Corp. has 4 million shares of common stock outstanding. The current share pric

sleet_krkn [62]

Answer:

WACC = 8.97%

Explanation:

total value of equity = $70 x 4,000,000 = $280,000,000

cost of equity:

$70 = $4.4935 / (Re - 4.5%)

Re - 4.5% = 6.42%

Re = 10.92%

total value of debt:

$75 million x 0.95 = $71,250,000

YTM = {70 + [(1,000 - 950)/25]} / [(1,000 + 950)/2] = 72 / 975 = 7.3846%

$60 million x 1.07 = $64,200,000

YTM = {60 + [(1,000 - 1,070)/8]} / [(1,000 + 1,070)/2] = 51.25 / 1,035 = 4.9517%

weighted cost of debt = ($71,250,000 / $135,450,000 x 7.3846%) + ($64,200,000 / $135,450,000 x 4.9517%) = 3.8845% + 2.347% = 6.2315%

total value of the firm = $280,000,000 + $135,450,000 = $415,450,000

equity weight = $280,000,000 / $415,450,000 = 0.674

debt weight = 1 - 0.674 = 0.326

WACC = (0.674 x 10.92%) + (0.326 x 6.2315% x 0.79) = 7.36% + 1.605% = 8.965% = 8.97%

8 0

4 years ago

When is the best time to consider diversification for a company? A. The company has strong competitive position in its industry

Advocard [28]

Answer: A. The company has strong competitive position in its industry and industry growth is sluggish.

Explanation: Diversification is best done from a position of strength, a company should be doing well in its current industry and market before considering diversifying. A company having strong competitive position in its industry and when there is a sluggish growth in that industry, the company can diversified.

Diversification in corporate is a strategy that a company implement to increase market shares and sale volume by introducing new product in another industry and market different from the one they are operating.

5 0

3 years ago

The amortization of fair value allocations totaled $60,000 in 2020. Not including its investment in Harbor, Femur Co. had its ow

kaheart [24]

Answer:

Noncontrolling interest's share of the earnings = $132,000

Explanation:

Missing information;

Share of Femur Co. acquired = 70%

Amount of amortization of fair value in 2020 = $60,000

Revenues in 2020 = $2,500,000

Expenses in 2020 = $2,000,000

Find:

Noncontrolling interest's share of the earnings

Computation:

Noncontrolling interest's share of the earnings = [$2,500,000 - $2,000,000 - $60,000][1-70%]

Noncontrolling interest's share of the earnings = [440,000][0.3]

Noncontrolling interest's share of the earnings = $132,000

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3 years ago

_____ consists of GDP plus the net income earned from investments abroad (minus any payments made to nonresidents who contribute

ANTONII [103]

Answer:

Gross national income

Explanation:

The gross national income was earlier called the GNP is the expressed as total. denotes the foreign output claimed by the resident of the country.

And is the plus factor income earned by the foreign residents and minus income earned by the domestic economy by the non-residents and countries like the US, china, japan and the U.K along with the Germany are the five in the GDP and the GNI atlas.

7 0

3 years ago

Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years?​

Calculate the simple interest on a loan of $9000 at an interest rate of 8% for 6 years?