All categories

3 years ago

Why do you think you are required to take elective courses?

1 answer:

3 0

Probably to get some diversity into your education whether it being band/art/photo/gym/any kind of those classes and maybe to even have some sort of fun and not constant problem solving all day long

You might be interested in

Mason pays $251 monthly for auto insurance. He had an accident involving another car. His

Evgesh-ka [11]

Answer: Yes, the years worth of payments is more than the actual claim

Explanation:

the claim was $2500 and he payed $3,012 a year for insurance

4 0

3 years ago

Read 2 more answers

g Brandon and Jane Forte file a joint tax return and decide to itemize their deductions. The Fortes' income for the year consist

murzikaleks [220]

Answer:

$1,500

Explanation:

Investment interest expenses = Interest Income + Non qualifying dividends

Investment interest expenses = $500 + $1,000

Investment interest expenses = $1,500

$1,500 < $2,500 (Investment interest expenses)

The long term capital gains are not considered in investment income because this income is taxed at a preferential rate. Hence, the Investment interest expenses deduction for the year is $1,500.

8 0

3 years ago

When a bank accepts a checkable deposit from a customer, its deposits will increase and its excess reserves will:________

worty [1.4K]

Answer:

B). increase by the same amount of deposits

4 0

3 years ago

Orchard Farms has a pretax cost of debt of 7.29 percent and a cost of equity of 16.3 percent. The firm uses the subjective appro

svp [43]

Answer: Net present value = $446,556

Explanation:

First we'll compute the Weighted Average Cost of Capital :

Weighted Average Cost of Capital = $K_{e} \times W_{e} + K_{d} \times W_{d}$

= 0.163× $\frac{1}{1.48}$ + 0.0729× (1 - 0.35 )× $\frac{0.48}{1.48}$

= 0.1255

where;

$K_{e}$ = Cost of equity

$W_{e}$ = Proportion of equity

$K_{d}$ = Cost of debt

$W_{d}$ = Proportion of debt

Now, we'll compute the cost of capital using the following formula:

Cost of capital = Weighted Average Cost of Capital + adjustment factor

= 0.1255 + 0.0125

= 0.138 or 13.8%

∴ Net present value = Cash outflows - Total PV of cash flows

= $3,900,000 - $1,260,000 (Annuity value of 13.8% for 5 years)

$= 3,900,000 - 1260000 \times \frac{[1-(1+13.8)^{-5}]}{13.8}$

= $3,900,000 - $3,453,444

= $446,556

Therefore, the correct answer is option(b).

5 0

3 years ago

The market value of Fords' equity, preferred stock, and debt are $ 7 billion, $ 2 billion, and $ 13 billion, respectively.

Alisiya [41]

Answer: 9.48%

Explanation:

Given Data

Debts ;

$7 billion

$2 billion

$13 billion

Beta of Fords stock = Beta = 1.50

Market risk premium = Rp = 8.0%

Risk free rate of interest = Rf = 4.0%

Equity rate = 1.7

Market risk rate = 0.8

Risk free rate = 0.03

Therefore;

Cost of Equity ( Re ) = Risk free rate + equity rate × market risk premium

= 0.03 + (1.7 × 0.8)

= 0.166

Preferred Stock Cost ( PSC)= Dividend ÷ stock price

= 4 ÷ 30

= 0.1333

Total debt = 13 + 6 + 2 = 21 billion

D% = 13 billion ÷ 21 billion

= 0.619

E% = 6 billion ÷ 21 billion

= 0.286

P% = 2 billion ÷ 21 billion

= 0.095

RD = debt capital at 8% maturity rate

Tc= 30%

Rwac =(w/ preferred stock)

= Re × E% + PSC × P% + Rd ( 1- Tc) D%

Rwac = (0.166)(0.286) + (0.1333)(0.095) + (0.08)(1- 0.3)*(0.619)

= 0.094803 * 100

= 9.48%

At 30% tax rate Ford weighted average cost is 9.48%

4 0

2 years ago