Answer:
The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
Explanation:
total assets = common stock value + preferred stock value + debt
= 23000*57 + 6000*48 + 350000*102%
= 1956000
WACC
= (common stock value/total assets) * common stock rate of return
+ (preferred stock value/total assets) * preferred stock rate of return
+ (debt value/total assets) * yield to maturity of debt * (1-tax rate)
= (1311000/1956000)*14.2% + (288000/1956000)*7% + (357000/1956000)*8.49*(1 - 34%)
= 12.69%
Therefore, The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%
Answer:
The supply curve would shift to the right(upwards)
Explanation:
This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.
hope this helps!
The amount of gain or loss does bli recognize if the transaction is structured as a direct asset sale to amy and brian
Net cash received by Ernesto = 590300-108675 = 481625
Gain or loss recognized = 481625-106000 = $375625
In financial accounting, an asset is a resource owned or controlled by a company or entity. It is anything that can be used to create positive economic value. An asset represents the value of an asset that can be converted into cash.
Examples of personal financial assets include cash and bank accounts, real estate, personal property such as furniture and vehicles, and investments such as stocks, mutual funds, and retirement benefits. Something or someone that is an asset is considered useful or helps a person or organization succeed. Our creativity in technology is our greatest asset. Plural noun. Company or personal property is anything that a person owns. [work]
Learn more about assets here
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