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sasho [114]
2 years ago
12

Citee Corp. has no debt but can borrow at 6.7 percent. The firm’s WACC is currently 9.5 percent, and the tax rate is 24 percent.

a. What is the company’s cost of equity? b. If the firm converts to 30 percent debt, what will its cost of equity be? c. If the firm converts to 60 percent debt, what will its cost of equity be? d-1. If the firm converts to 30 percent debt, what is the company’s WACC? d-2. If the firm converts to 60 percent debt, what is the company’s WACC?
Business
1 answer:
Reil [10]2 years ago
4 0
Similar question. Just go through and solve it.

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A woman walks into a store and steals $100 she comes back and buys $70 worth of goods with the $100, the owner gives her$30 in c
deff fn [24]
The answer is $100.

Amount she steals= $100
Amount she bought goods= $70
Amount the owner returns as change = $30
Amount owner loses=?

Amount she steals +amount of goods - amount she gives to owner + amount owner returns as change = $100 + $70 - $100 + $30 = $200 - $100 = $100
8 0
3 years ago
Reflecting on the past ten weeks, specify what you believe are the two most important concepts you have learned in this course.
Mariulka [41]

Explanation:

The administration course contributed with several essential concepts for the work and career of every professional.

In my opinion, the two most important concepts learned in this course were the development of marketing plans and management of social media.

Learning about the strategic importance of implementing a marketing plan will help the professional to understand the crucial steps in the development of the product and its phases until reaching the end customer. Another essential learning was social media, which is a worldwide trend in building customer and company relationships and cannot be ignored nowadays, through this new channel companies are able to establish a relationship marketing capable of creating value for the brand and increasing customer loyalty.

6 0
3 years ago
Beyonce' has a rectangular flower garden that is 45 feet long and 15 feet wide. One truck load of mulch can cover 45 square feet
Naya [18.7K]

Answer: 15

Explanation:

Length of garden = 45 feet

Width of garden = 15 feet

One truckload covers 45 square feet

How may truck load will cover the entire garden.

Area of rectangle = Length × width

Area of rectangular garden = 45 × 15

Area of rectangular garden = 675 square feet

1 truckload of mulch = 45 square feet

y = 675 square feet

45y = 675

y = 675 ÷ 45

y = 15 truck loads of mulch

15 truckloads of mulch will cover the entire garden

8 0
4 years ago
Why is the unemployment rate above zero when the economy reaches full employment?
solong [7]
There are always some people in transition between jobs
3 0
3 years ago
William buys land for $40,000 cash. Ten years later, when the land has dropped in value to $30,000, William sells it to his wife
olga_2 [115]

The income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Realized loss = Purchase cost - Sales cost

Realized loss = $40,000 - $30,000

Realized loss = $10,000

Hence, the income tax consequences to William on the sale is that he realizes loss in the amount of $10,000 but does not recognize that loss.

Therefore, the Option A is correct.

Missing options includes <em>"William realizes and recognizes loss in the amount of $10,000.  William realizes and recognizes zero gain or loss. William realizes loss in the amount of $10,000 but does not recognize that loss. None of the above."</em>

<em />

Read more about income tax

<em>brainly.com/question/1657264</em>

8 0
2 years ago
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