Practice in your head what to say to perhaps the manager and make sure you avoid to say the wrong things
Answer:
You are given the following information for Watson Power Co. Assume the company’s tax rate is 22 percent. Debt: 12,000 6.1 percent coupon bonds outstanding, $1,000 par value, 27 years to maturity, selling for 109 percent of par; the bonds make semiannual payments. Common stock: 450,000 shares outstanding, selling for $63 per share; the beta is 1.14. Preferred stock: 19,500 shares of 3.9 percent preferred stock outstanding, currently selling for $84 per share. The par value is $100 per share. Market: 5 percent market risk premium and 4.9 percent risk-free rate.What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers.
<h3>What is Tax?</h3>
Tax refer compulsory levy or contribution place on individual, organization or state which is levied by government majorly on workers income or business profits of companies or can be added to cost of goods, services or even any transactions done.
Therefore, It is false that the effect of the tax on the quantity sold would have been larger if the tax had been levied on consumers because the effect of tax on consumers or producers is normally determined by price elasticity.
Learn more about tax from the link below.
brainly.com/question/25783927
<span>This is a negative externality. Since the cost of the traffic being in the community is not being borne by the theatre company itself, it is negative. The community as a whole is having to pay for the extra $5 in costs that will be accrued as a result of selling each ticket.</span>
Answer:
d. Some other amount - $11,000
Explanation:
Investing activities: It records those activities which include purchase and sale of the long term assets
. The purchase of long term assets is an outflow of cash and the sale of long term assets is an inflow of cash
The computation of the sale of plant assets is shown below:
= Sale value of equipment - accumulated depreciation + gain on sale of equipment
= $18,000 - $9,000 + $2,000
= $11,000
