The most likely explanation why the hiring authority is not using contractors or temporary instructors is a, The hiring authority thinks that full-time hires are more productive.
<h3>Why might hiring authorities prefer full time workers?</h3><h3 />
If a hiring authority feels that full time hires are better at their jobs and more productive, they will hire more of them.
This would lead to temporary workers and contractors being used for projects less.
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Answer:
WACC = 8%
Explanation:
WACC is the minimum return that a company should make to on its investment to satisfy the providers of funds (i.e loan providers and equity holders). The rate usually reflect the riskiness of the of the investment and finance structure used.
<u>Calculation</u>
WACC =(MV of Equity÷MV of the Company)Ke +(MV of Debt÷MV of the Company)Kd (1-t).
Where :
MV of the Company ⇒ MV of Equity+MV of Company
Ke ⇒ Cost of Equity
Kd(1-t) ⇒ Cost of Debt after Tax
WACC= (50/100)12.1% + (50/100) 6%(1-0.35)
= 6.05% + 1.95%
Hence, WACC = 8%
<u>Implication of Captital Structure on WACC</u>
Provided the investment was solely financed by equity instrument alone, the the WACC would have remained at 12.1%. However, with the introduction of debt finance, this has resuced our WACC to 8%.
<span>A life insurance
policy can either be a participating policy where the policy pays the dividend
or it can be a nonparticipating policy where the policy has guaranteed premiums. About 95% of the U.S. life insurance
companies are stock companies.</span>
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Earnings before interest and taxes (EBIT) = $700 million.
Earnings before interest, taxes, depreciation and amortization (EBITDA) = $850 million.
Interest expense = $200 million.
The corporate tax rate is 40 percent.
First, we need to determine the depreciation expense.
Depreciation= EBITDA - EBIT= 850 - 700= 150million
Net cash flow= EBIT - Interest - Tax + Depreciation
EBIT= 700
Insterest= 200 million (-)
EBT= 500
Tax= 500*0.40= 200 (-)
Depreciation= 150 (+)
Net cash flow= 450 million
Answer:
The correct answer is letter "B": the IACUC.
Explanation:
The Institutional Animal Care and Use Committee (<em>IACUC</em>) are important for the application of the laws regarding animal investigations and care in the U.S. The IACUC is in charge of authorizing or suspending licenses involved in the studies or researches of animals.