11.55% is the weighted average cost of capital for these funds
Explanation:
Firm has 76000000 in debt and 100000000 in equity. Thus the proportion of debt =
= 76000000/(76000000 + 100000000)
= 43.18%
and proportion of equity = 1 - 43.18% = 56.82%
Therefore, WACC = 0.4318 * 6.1 + 0.5682 * 15.7
= 11.55%
Answer:
articles of incorporation.
Explanation:
An article of incorporation also known as corporate charter, can be defined as a set of formally written documents that legally establishes the existence of a corporation when filed with the government.
Hence, the document filed with the state that begins the incorporation process in most states is called the articles of incorporation.
For example, in the United States of America, an article of incorporation should be filed or petitioned to the Office of the Secretary of State where it chooses to establish its corporation.
Additionally, an article of incorporation typically comprises of information such as the business firm's address, business name, type of stock issued, amount of stock issued etc.
I think it is c I’m not sure