Answer:
10.92%
Explanation:
The formula and the computation of the estimated cost of equity capital is shown below:
Stock price = Next year dividend ÷ (cost of equity - expected dividend growth rate)
We assume the cost of equity be X
$34 = $3.10 ÷ (cost of equity - 1.8%)
$34 X - $34 × 1.8X = $3.10
After solving this,
The cost of equity would be 10.92%
Answer:
B.
Explanation:
The investor should consider that they may find that the restaurant's financial statements undervalue the true value of its resources. If this were to be the case then the investor would have made a lot of money since they would have paid face value for the restaurant when in actuality it was massively undervalued and is worth a lot more, meaning he would make a large profit on his investment from the beginning.
Answer:
retaliation.
Explanation:
Title VII of hte Civil rights Act of 1964 prohibits discrimination at work based on race, color, ethnic origin, gender, religion, etc. What the company was doing was wrong, and the Equal Employment Opportunity Commission (EEOC) should deal with this issue. But what they did to Hailey for complaining about the company's wrong deeds is twice as bad. The company not only keeps discriminating African American employees but also retaliates against Hailey for demanding something that is correct and legal.
Answer:
$11,895,000
Explanation:
Expected annual earnings before tax = $21,000,000
Debt issue = $30,000,000
Interest rate = 9%
Annual Interest expenses = $30,000,000 × 9%
= $2,700,000
EBT = EBIT - Interest expenses
= $21,000,000 - $2,700,000
= $18,300,000
Net income = $18,300,000 × (1 - 35%)
= $11,895,000
Cash flows available to equity holders after recapitalization will be $11,895,000.
The answer is Minority-owned
businesses. The growth in number of businesses owned by African Americans,
Hispanics, and Asian Americans has outpaced overall growth and the Immigrants
own nearly 15 percent of all small businesses and are more likely to own small
businesses than native-born citizens.
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