Beta= 1.3
Debt to equity ratio= 0.4
Market rate of return= 11.6%
= 11.6/100
= 0.116
Tax rate= 32%
= 32/100
= 0.32
Risk free rate= 3.3%
= 3.3/100
= 0.033
Pretax cost of debt= 7.2%
= 7.2/100
= 0.072
The firm's WACC can be calacluated as follows
RS= 0.033+1.3(0.116-0.033)
= 0.033+1.3(0.083)
= 0.033+0.1079
= 0.1409
WACC= (1/1.4)(0.1409)+(2/1.4) (0.072)(1-0.32)
= (0.7142)(0.1409) + (1.4285)(0.072)(0.68)
= 0.1006+0.0699
= 0.1705(100)
= 17.05%
Hence the firm's WACC is 17.05%
Answer: 5 2/3 inches
Step-by-step explanation:
From the question, we are informed that the scale drawing of an airplane is:
1 inch = 3 meters.
Since the length of the actual plane is 17 meters, the length of the plane in the scale drawing will then be:
= 17/3
= 5 2/3 inches
Oh, I think the answer I posted was wrong I'm goung to double check.
Answer:
221 minutes
Step-by-step explanation:
52 divided by 20 would be 2.6 then you take the 85 and mulitpy it by 2.6 because 52 is 2.6 times more than 20. so 85 times 2.6 would be 221 minutes.
Answer:they would meet after 4.5 hours
Step-by-step explanation:
At the point where they will both meet, they would have covered a total distance of 540 miles.
Let t represent the time it will take the car and the truck to meet.
Distance = speed × time
The car drives at a speed of 65 miles per hour. Distance covered by the car in t hours would be
65 × t = 65t
The truck travels at a speed of 55 miles per hour.
Distance covered by the truck in t hours would be
55 × t = 55t
Therefore,. 65t + 55t = 540
120t = 540
t = 540/120 = 4.5 hours
