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2 years ago

Mr. Frohardt donated $40,000 toward future scholarships. The scholarships are to be paid according to the following schedule:

Business

1 answer:

brilliants [131]2 years ago

4 0

Answer:

18 full scholarships will be awarded

Explanation:

year beginning interest scholarship ending

balance earned awarded balance

1 40000 43200 1000 42200

2 42200 45576 1500 44076

3 44076 47602 2000 45602

4 45602 49250 2500 46750

5 46750 50490 3000 47490

6 47490 51289 3500 47789

7 47789 51613 4000 47613

8 47613 51422 4500 46922

9 46922 50675 5000 45675

10 45675 49329 5000 44329

11 44329 47876 5000 42876

12 42876 46306 5000 41306

13 41306 44610 5000 39610

14 39610 42779 5000 37779

15 37779 40801 5000 35801

16 35801 38666 5000 33666

17 33666 36359 5000 31359

18 31359 33868 5000 28868

19 28868 31177 5000 26177

20 26177 28271 5000 23271

21 23271 25133 5000 20133

22 20133 21743 5000 16743

23 16743 18083 5000 13083

24 13083 14129 5000 9129

25 9129 9860 5000 4860

26 4860 5249 5000 249

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Daves Inc. recently hired you as a consultant to estimate the company's WACC. You have obtained the following information. (1) T

inn [45]

Answer:

9.315%

Explanation:

The computation of WACC is shown below:-

But before that we need to do the following calculations

PV -$1,000

PMT 80

N 20

FV $1,000

Compute IY 8%

After tax cost of Debt = Before tax cost of debt × (1 - tax rate)

= 8% × (1 - 25%)

= 6%

According to the CAPM,

Cost of Equity =Risk free Rate + (Beta × Market Risk Premium)

= 4.5% + (1.2 × 5.5%)

= 11.10%

Weight of Equity = 100% - 35%

= 65%

WACC = (Weight of Equity × Cost of Equity) + (Weight of debt × Cost of debt)

= (65% × 11.10) + (35% × 6)

= 9.315%

8 0

3 years ago

Knowing how to report injuries/illnesses, seeing the annual summary, and what else are all worker rights related to injury and i

GREYUIT [131]

Knowing how to report injuries/illnesses, seeing the annual summary, and reviewing the log are all worker rights related to injury and illness reporting for Osha.
All of these three options are quite important when it comes to injury in the workplace.

7 0

3 years ago

Specialization in production Group of answer choices Makes a country weak. Reduces the standard of living. Increases output. Dec

OLga [1]

Specialization in production will increase output.

As any specialization in production will be achieved by specialized labor or technology, both the factor will produce per unit time and gives a comparative advantage.

Specialization is a production method that focuses on the production of a limited range of goods for a company to achieve a higher level of efficiency.

The more they focus on their work, the more efficient they are in that work. This means less time and money is spent producing goods. In other words, you can produce more goods in the same amount of time and money.

Learn more about Specialization in production here:brainly.com/question/24448534

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5 0

1 year ago

The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring

suter [353]

Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, and families in later life.

5 0

3 years ago

Jason wants to dine at five different restaurants during a summer getaway. If four of nine available restaurants serve seafood,

scoundrel [369]

There are 1560 ways

Explanation:

The toal number of restaurants are 8, out of which 3 serve seafood, and during the summer gateway, Jason decided to dine out at 4 multifarious restaurants.

Since, the order is significant, permutations is to be used.

Four restaurants can be chosen from the 8 restaurants in $_{8} \mathrm{P}^{4}$ . In this case, "at least one" is complement of "fewer than one" (that is 0). Thus, four restaurants that are not serving seafood can be chosen from five restaurants in $5 P^{4}$ .

Using complements principle to get the number of ways to get at least one of the restuarants serve seafood,

$8 P^{4}-5 P^{4}$ = 1680-120

$8 P^{4}-5 P^{4}$ = 1560

Therefore, there are 1560 ways

5 0

3 years ago