Answer:
Debt equity ratio = 1.01
Explanation:
given data
WACC = 11.2 percent
cost of equity = 16.8 percent
pretax cost of debt = 8.7 percent
tax rate = 35 percent
to find out
What does the debt-equity ratio need to be for the firm to achieve its target WACC
solution
we get here WACC that is express as
WACC = Wd × Rd × (1-t) + We × Ke ..................1
here Wd is weight of debit and t is tax rate and Ke is cost of equity and
Wd + We = 1
so We = 1 - Wd
put value in equation 1
WACC = Wd × Rd × (1-t) + We × Ke
11.20% = Wd × 8.70% ×(1-35%) + (1-Wd) × 16.80%
solve and we get
Wd = 0.5025
so We will be
We = 1 - 0.5025
We = 0.4975
and
Debt equity ratio will be
Debt equity ratio = 
Debt equity ratio = 1.01
Answer:
The correct answer is A
Explanation:
Master-detail relationship is the relationship where the master states the parent and detail states a child, in which the master object controls or regulate some behaviors of the detailed object.
Cross object formula field is the one, which spans 2 related references and the objects that merge fields on the objects. So, a developer will use the Cross object formula field for displaying into the related list.
Answer:
Tony is a 45-year-old psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year? 300,000x.25= 75,000 or $57,000
$57,000
Explanation:
Answer:
Billy's mom increases his weekly allowance by $ 55 . As a result, Billy increases the number of apps he downloads on his smartphone.
If with increase in income demand increases, the good will be a normal good. Thus, apps that billy downloads are normal goods.
Susan gets a 15 percent performance bonus at work. She can finally stop eating so many frozen pizzas and eat something more tasty. Frozen pizzas are: Inferior goods
Here with increase in income, the demand for a commodity falls, the so called commodity is a inferior good. Thus, in this case frozen pizzas are inferior goods.
Mike is an appliance salesman. Refrigerator sales in his store have fallen and so has his commission. Mike decides to switch from name brand cereal to generic cereal. Generic cereal is: Inferior goods
If there is a fall in income and thus demand increases, the good is inferior. Thus, in this case generic cereal is an inferior good.
Hair stylist Molly loses a few of her clients. Molly cuts back on the number of smoothies she buys during the week. Smoothies are: Normal goods
If there is a decrease in income and thus demand falls, the good is normal. Thus, smoothies as commodity in this case will be refereed to as normal goods.
The popularity of a new type of jeans
hope this helps!
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