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melomori [17]
3 years ago
11

Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 11%

as long as it finances at its target capital structure, which calls for 45% debt and 55% common equity. Its last dividend (D0) was $1.85, its expected constant growth rate is 3%, and its common stock sells for $22. EEC's tax rate is 25%. Two projects are available: Project A has a rate of return of 13%, and Project B's return is 10%. These two projects are equally risky and about as risky as the firm's existing assets. What is its cost of common equity? Do not round intermediate calculations. Round your answer to two decimal places. % What is the WACC? Do not round intermediate calculations. Round your answer to two decimal places. % Which projects should Empire accept? -Select-
Business
1 answer:
weeeeeb [17]3 years ago
5 0

Answer:

11.66

7.6475

project A

Explanation:

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Jack, a return preparer, did not retain copies of all returns that he prepared but did keep a list that reflected the taxpayer's
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Answer:

D) Jack is in compliance with the provisions of the tax code, provided he retains the list for a 3-year period after the close of the return period in which the return was signed.

Explanation:

The Internal Revenue Service (IRS) requires tax return preparers to keep the following records;

  • either maintain a complete copy of each tax return or claim for refund they have filed for 3 years after the return period, or
  • maintain a list of the names, identification numbers, and tax years for those individuals or businesses whose tax returns were prepared and to keep this list for 3 years after the return period.

The tax preparer can choose the alternative that best suits hims or her.

4 0
4 years ago
Brandon owes his brother $120. he has a stamp collection worth $1,250 and he has $300 in a bank account. he also has a skateboar
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the correct answer would be d. the stamp collection, the bank account, and the skateboard.

8 0
3 years ago
Arm & Hammer launches a campaign to extend the life of its baking soda products through improved packaging and new uses in p
lbvjy [14]

Answer:

C) maturity

Explanation:

The four stages of the product life cycle are:

  1. Introduction Stage
  2. Growth Stage
  3. Maturity Stage: at this stage the product is already well established and its sales growth rate slows down. The highest sales level are achieved at this stage. This is also the stage at which the product faces the most competition, so the companies must modify and improve their products.
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7 0
3 years ago
The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3
Anvisha [2.4K]

Answer:

(A) 18,600 units

(B) 13,821 units

Explanation:

(A) The computation of the equivalent unit for material cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 100%)

= 10,500 units + 8,100 units

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(B) The computation of the equivalent unit for conversion cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 41%)

= 10,500 units + 3,321 units

= 13,821 units

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3 years ago
A likely outcome of increased self-knowledge is:
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Greater understanding of your in tensions by those you lead
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