Answer:
5.38 %
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
where,
Cost of Equity = 9.00 % (given)
After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %
Market Value of Equity = 1/5 x $13 million = $2.6 million
Weight of Equity = $2.6 million / $11.6 million = 0.22
Weight of Debt = $9 million / $11.6 million = 0.76
therefore,
WACC = 9.00 % x 0.22 + 4.74 % x 0.76
= 5.38 %
thus
the company’s WACC is 5.38 %
Answer:
Optimal mix
Reno = 615 units
Tahoe = 0 units
Explanation:
Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
Product Cont/unit painting hr /unit cont/hr Ranking
Reno $120 4 30 Ist
Tahoe $78 3 26 2nd
The company should use all of its limited 2,460 painting hours to produce the two products as follows:
Reno
= 2460/4
= 615 units of Reno
<em>This is so as long as Billings Company can produce and sell as many units of Reno as it can produce.</em>
Optimal mix
Reno = 615 units
Tahoe = 0 units
Answer:
C. the aggregate of all the individual financial markets
Explanation:
The loanable funds market is the aggregate of all the individual financial markets
Answer:
correct answer is Affiliates license is inactive until they are hired by a new employing broker
Explanation:
solution
when license of solo proprietor suspend for the 2 year then the effect on Affiliates licenses will inactive until they hire by new employing broker
because broker will entitled for pay commission to licensed broker in another state to provide payment for made part of cooperating sale
so here correct answer is Affiliates license is inactive until they are hired by a new employing broker
Since idriss makes plans to deal with an expected decline in the number of older people in the population, he is paying attention to the <u>general environment</u>.
<h3>What is
general environment?</h3>
General environment entails the overall resident of a specific area.
In conclusion, he is paying attention to the <u>general environment</u> because he makes plans to deal with an expected decline in the number of older people in the population.
Read more about environment
<em>brainly.com/question/17413226</em>