During the recent financial collapse, financial managers failed to do their job effectively because of risky financial decisions and poor investment decisions.
A financial collapse happens when the value of financial assets and instruments sharply drops. Due to a lack of readily available cash or convertible assets, businesses struggle to pay their debts, and financial institutions are unable to finance projects or meet urgent demands. Consumers' wages and possessions are at risk, investors' faith in the value of their assets is eroded, and this makes it difficult for them to make loan payments.
The financial collapse can be broken down into three phases, starting with the onset of the problem. There are many reasons why economic systems fail, including institutional financial mismanagement, design flaws, and regulatory shortcomings.
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
You are working for Super Cookie Monster Inc., who is thinking about entering the lucrative new Pittsburgh macaroon market. Cookie Monster needs to figure out the cost of capital in order to see if the investment in the new macaroon facility makes sense. Cookie Monster is now completely financed by equity; its equity beta is 0.5, the risk-free rate is 1%, and the market expected return is 7%. Cookie Monster pays a corporate tax rate of 30%. The macaroon business is as risky as the overall Cookie business. Use the Miles-Ezzell WACC in your computations.
a. Based on the information given, what is Cookie Monster's current cost of capital?
b. Cookie Monster is thinking about financing part of its expansion by borrowing some of the cost of the new facility. Cookie Monster's debt is riskless, and they are going to have a debt to value ratio of 40% after the expansion. Given this information, what is Cookie Monster's WACC?
c. What is Cookie Monster's cost of equity at its new capital structure? What is Cookie Monster's equity beta at its new capital structure?
d. What is Cookie Monster's equity beta at its new capital structure if the corporate tax rate were zero?
a. Cookie Monster's current cost of capital is 4%. This is calculated using the Miles-Ezzell WACC formula, taking into account the equity beta, risk-free rate, market expected return, and corporate tax rate. By substituting the given values into the formula, the current cost of capital is determined to be 4%.
b. Cookie Monster's new weighted average cost of capital (WACC) is 4.8%.
This calculation involves considering the debt to value ratio and equity to value ratio.
By using these ratios and the given values for debt, equity, expected return on equity, expected return on debt, and corporate tax rate, the new WACC is computed as 4.8%.
c. At the new capital structure, the cost of equity is 7.33% and the equity beta is 0.57.
The new capital structure consists of 60% equity and 40% debt.
Using the formula for calculating beta with the given values of equity beta, tax rate, and debt to equity ratio, the equity beta at the new capital structure is found to be 0.57.
Additionally, the cost of equity is calculated using the risk-free rate, equity beta, and market risk premium, resulting in a cost of equity of 7.33%.
d. It is not possible to compute the equity beta at the new capital structure based on the given information.
The formula used for calculating the new beta of the firm assumes a zero corporate tax rate, which conflicts with the provided information.
Therefore, the answer to this question cannot be determined with the given data.
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Question 4 Use the job advertisement in Question 3 and answer the questions that follow: You have been told that a panel of three people will interview you. These people are the organisation's human resources (HR) manager, the manager of the specific department in which you would be working, and a colleague from another department. Write the interview script (750-1 000 words) of the job interview that would take place for this scenario. Note: Your lecturer will not mark beyond the 1 000-word limit. NB-Your interview script must: be structured according to the table template provided below. Copy and complete the provided table as your response to Q.4 in your assignment submission; clearly progress through the specific phases of a job interview, in order; include at least three open questions from the interview panel, and your relevant responses to them; include at least three closed questions from the interview panel, and your relevant responses to them; include at least three follow-up questions from the interview panel, and your relevant responses to them; use specific details from your selected job position, your email from Q.3, as well as the relevant theory from the textbook/Learn as context for the questions and your responses. Make sure you accurately reference all sources used within the interview script; be written in an appropriate language, tone, and style. ● ● ● (Marks: 30) Interview script template: HR Manager (Your full name) HR Manager Welcome, Mr/Ms (your full name). We are so happy to meet you and to have the opportunity to speak more with you today. We were all very impressed by your CV and application letter. Thank you, I am really glad to be here. Please call me (x). Great no problem, (x). Let me begin by introducing you to the interview panel.
Role-play dialogue table:
Interview script for job position: Accounting and Finance Officer
Apply for August 2021
Interview date: 15 August 2021
Participants: Interview panel: Human Resources Manager
Department Manager
Colleague from Marketing department
Candidate: (Your full name)
0-5 minutes: Welcome and introductions
HR Manager: Welcome, Mr/Ms (your full name). We are so happy to meet you and to have the opportunity to speak more with you today. We were all very impressed by your CV and application letter.
Thank you, I am really glad to be here. Please call me (x). Great no problem, (x). Let me begin by introducing you to the interview panel. To your right is the Finance department manager, Mr. Singh. To your left is Ms. Bokanga from the Marketing department.
5-10 minutes: Why are you interested in this role and company?
Department Manager: Thanks for meeting with us today, (x). Can you tell us more about why you're interested in this Accounting and Finance Officer role at our company?
I have always been passionate about accounting and finance. I believe this role offers the perfect opportunity to utilize my skills and experience to help manage the finances of a fast-growing company like yours. I am excited by the prospect of working with cutting-edge technologies and strategic business partners to streamline processes and gain key insights to drive business decisions. I see enormous potential for growth and advancement in a role such as this.
[The interview continues with more questions and answers as per the table template...]
The interview wrap-up concludes around 30-40 minutes. Let me know if you need any clarification or have additional questions. I look forward to hearing from you about next steps in the process.
Thank you again for your time today, I appreciate your consideration of my application and I look forward to speaking with you again soon.
a few months ago, johnny’s steak house purchased one of its competitors, windermere surf & turf, for $12 million. windermere stockholders received a fair deal for the stock they owned in the company. however, it was disclosed that a member of johnny’s management team mentioned the deal to a person he sat next to on a flight from la to seattle, and that person called five of his relatives and several friends who purchased shares of windermere stock before the acquisition became public. these actions are:_______
It was disclosed that a member of johnny’s management team mentioned the deal to a person he sat next to on a flight from la to Seattle, and that person called five of his relatives and several friends who purchased shares of Windermere stock before the acquisition became public. these actions are: insider trading
What is insider trading?Insider trading refers to the illegal use of non-public information to buy or sell securities in breach of a fiduciary duty or other relationship of trust and confidence.
In this case, the management team member disclosed material non-public information about the Windermere acquisition, which allowed the individuals he spoke with to trade on that information to their advantage. This conduct may violate securities laws and could result in civil and/or criminal charges against those involved.
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Given the following MRP system structure: A single unit of X is made of 2 units of A and 1 unit of B; A is made of 1 unit of C and 1 unit of D; B is made of 2 units of D and 3 units of E. Assuming there is a requirement of 100 units of final product of X by week 10. The MRP planning template includes Lead time (LT) and inventory level for each unit. Question: What is the net requirement and release times for D? When using the template please note that all on-hand inventory and lead time have been included in the first column of the table:
Week 1 2 3 4 5 6 7 8 9 10
X LT =2 On hand 50
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
A LT = 3 On hand 60
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
B LT = 1 On hand 25
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
C LT = 2 On hand 30
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
D LT = 2 On hand 20
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
E LT = 3 On hand 30
Gross requirements
Scheduled receipts
Project Available balance
Net requirements
Planned order receipt
Planned order release
A. 20 units at week 5 & 50 units at week 3
B. 70 units at week 3 & 70 units at week 5
C. 20 units at week 4 & 50 units at week 6
D. 50 units at week 6 & 20 units at week 4
E. 20 units at week 3 & 50 units at week 5
The net requirement and release times for D in the given MRP system can be determined by analyzing the information in the MRP planning template.
To calculate the net requirement for D, we need to consider the requirements of its dependent items and subtract the available balance. Looking at the template, we find that D is required for the production of both A and B. The gross requirement for D can be obtained by multiplying the gross requirements of A and B by their respective component quantities for D. Subtracting the on-hand inventory of D from the gross requirement gives us the net requirement.
To determine the release times for D, we need to consider the lead time (LT) and the net requirement. The release time for D is the week when the planned order for D should be released to ensure it arrives on time for the production of dependent items.
Analyzing the provided information and calculations, the correct answer would be option E: 20 units at week 3 and 50 units at week 5.
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A law passed increasing the minimum wage by 10%.
The owner of a small bakery must now pay all her laborers 10% higher wages.
What is the Minimum Amount the owner now charge customers for labor to balance her increased operational expenses?
The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.
What is the impact of minimum wage on goods?When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.
The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.
Based on research, an increase in minimum wage raises prices by 4 percent in the economy.
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1. What PECs must she possess if there are customer who complain about the quality of her product???
a.patience
b. hardworking
c. versatile
d. all of the above
2.which of the following is not considered as a characteristics of an entrepreneur??
a.copes with failure
b. dependent
c.persistent
d. opportunity seeker
3.If she wants to ensure a profitable business operation, what characteristics will she maintain??
a.commitment
b.goal oriented
c.futuristic or future oriented
d. opportunity seeker
4.Mrs. Magno follows the advice of a friend to be flexible especially if she intends to open a retail business.
What PECs has been demonstrated by mrs. magno??
a.self confidence
b. reliable and has integrity
c.responsive to feedback
d. persistent
5.She tells mary , her best friend that she has a strong will and does not give up to find a solution to a business problem.
What PECs has been demonstrated by Mrs.Magno
a. hard work
b. persistence
c. self confidence
d. risk taking
Please I need help
Answer:
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calculate the percentage by mass of all the components element in sodium trioxonitrate(v)
Sodium =27.05
Nitrogen=16.47
Oxygen=56.46
B. the jordans are considering buying a house with a marketvalue of $250,000. the assessed value of the house is$125,000. the annual property tax is $2. 45 per $100 ofassessed value. what is the property tax on this house?
The first step in calculating the property tax on this house would be to determine the assessed value's dollar amount. To do this, we can divide the assessed value by 100 and then multiply it by the property tax rate of $2.45.
$125,000/100 = $1,250
$1,250 x $2.45 = $3,062.50
Therefore, the property tax on this house would be $3,062.50.
It's important to note that the market value of a property is not always the same as the assessed value. The market value is the price a buyer is willing to pay for the property, while the assessed value is used by the local government to calculate property taxes. The assessed value is usually a percentage of the market value, but the percentage can vary by location. In this case, the assessed value is 50% of the market value.
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When there is a market failure, the market outcome is not socially optimal.
true or false?
Answer: True
Explanation:
At a socially optimal market outcome, the price of goods and services would incorporate all the costs and benefits of producing it including the third party benefits and costs known as Externalities.
When market failure occurs, it is because individual actions have resulted in an inefficient allocation of resources which means that the goods and services on offer will not adequately include the costs of producing gods and services. This is not a socially optimal outcome so the statement above is true.
Type the correct answer in the box. Spell all words correctly.
Samantha is part of a project management team working on the initiation phase of a project. What is her team expected to do in this phase?
In the initiation phase, Samantha's team needs to clarify the project's _____
and justify it.
Answer:
Explanation:
Initiation phase is the first phase of a project management where the project is evaluated to know the purposes it has to be done , how it will be done and the resources needed to execute it.
At this stage , Samantha's team has to clarify and justify the project's purposes and feasibility in order to know why it has to be done and also how it will be completed and its purpose achieved.
Which buying method can save money but means you must have trust in the reliability of your supplier? a. economic order quantity b. fixed order c. last in first out d. just in time please select the best answer from the choices provided a b c d
Just in Time.
Just in Time buying method can help save money by only ordering what is needed, when it is needed, and avoiding inventory costs.
This method does require a lot of trust in the supplier's reliability, as the goods must arrive on time and in the correct quantities to ensure the business's operations are not disrupted.
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difference of dependent clause vs independent clause
A dependent clause is a set of words that includes a subject and a verb but does not fully convey a notion or function as a sentence on its own.
A dependent clause is a set of words that has a subject and a verb but cannot stand on its own as a sentence since it does not represent a full notion. Its meaning cannot be fully understood without an independent phrase. For instance: When the sun sets
An independent clause is a set of words that represents a full notion and has a subject and a verb. That is a whole statement on its own. The sun sets in the west, for instance.
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Which function of financial statements is the most important for entrepreneurs?
Income Statements, Balance Sheet, Statements of Owner's Equity, and Cash Flow Statements are the financial statements that serve entrepreneurs the most.
Income statement: An income statement is a financial statement that details a company's revenues and outlays for a given time period. An entrepreneur is aware of the gross profit, operating net income, and tax costs. An entrepreneur can also get an estimate of the earnings per share if it's a corporation.
Financial statement that displays the input and outflow of cash is known as a cash flow statement.
The balance sheet is a financial statement that lists all of an organization's assets, liabilities, and owner capital. Current assets, non-current assets, current liabilities, long-term obligations, and owner's equity are all listed on the balance sheet. While the balance sheet is generated for a certain date, the income statement is prepared for an accounting period.
The disclosure of owners' equity is required regardless of whether the company is publicly or privately held. It displays the starting balance, retained earnings, and dividends that the business has paid out.
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"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.
Answer:
b
Explanation:
The monetary policy is not fundamently altered
identifying an example of the factor of production labour used in producing the Nano
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
hey yall school has been soo hard lately so any tips to do good in school?
How to Do Well in School
Attend class regularly.
Pay attention in class.
Do homework routinely.
See the teacher for help.
Review what you're learning on a regular basis.
Learn from mistakes..
Make school a priority.
Work hard, play hard.
There u go
Answer:
make a schedule in order to effectively get it all done. also, don't take advantage of studying, I used to not study enough, but then I just added an extra 30 min of studying time, and it improved my grades from a B+ to an A!! Just keep focus without destractions, you get a text, silence your phone until your finished, trust me, it will be hard to ignore everything and focus, but again, worth it. (sry for the typos, I have somewhere to be, but I hope I helped!)
Explanation:
what was the main economic product of the southern colonies?
Answer:
Hope this helps........The Southern Colonies had an agricultural economy. Most colonists lived on small family farms, but some owned large plantations that produced cash crops such as tobacco and rice. Many slaves worked on plantations.
Explanation:
Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When
customers suggested that they open more stores, Chip and Charlie were hesitant. They didn’t
have the money. Chip and Charlie went ahead with plans to open another shop across town.
To finance the venture, the partners formed a private corporation and sold shares of stock to
friends. They chose a legal arrangement that allowed them to avoid dual taxation.
The form of private corporation that Chips and Charlie chose is the S corporation.
An s corporation is a type of privately held corporation that elects to pass its corporate earnings through its shareholders for the purposes of federal tax. This allows a s-corporation to be taxed only once. The company does not pay federal income tax.
In order for a corporation to be classified as a s corporation, it must meet several requirements set forth by the Internal Revenue Service. Some of these requirements include:
Shareholders must not exceed 100.The corporation should be incorporated in the United States.The corporation must have only one type of shares.To learn more about s corporation, please check: https://brainly.com/question/16128695?referrer=searchResults
7. Which of the following do retailers use most often to determine how much their products will sell?
Retailers often use a variety of factors to determine how much their products will sell, including market research, sales data, and industry trends. However, one of the most common tools used by retailers is demand forecasting.
Demand forecasting involves using historical sales data and market trends to predict future demand for a particular product. Retailers can use this information to make informed decisions about how much inventory to order, how to price their products, and how to allocate resources to promote their products.
There are several different methods of demand forecasting, including statistical models, customer surveys, and expert opinions. Each method has its strengths and weaknesses, and retailers may use a combination of methods to get a more accurate picture of future demand.
Ultimately, retailers rely on demand forecasting to ensure that they have the right products in the right quantities at the right time. By accurately predicting future demand, they can avoid stock shortages and overstocking, optimize pricing strategies, and maximize profitability.
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HURRYY
Borrowing money to pursue an advanced degree makes sense if
a. You can earn a scholarship to pay for your educational costs
b. Your future earnings potential outweighs the debt you may accrue
C. You already have the financing to pay out of pocket
d. Your employer is willing to pay for your tuition
Answer:
b. Your future earnings potential outweighs the debt you may accrue
Explanation:
Consider taking the loan to finance the advanced degree as an investment project. The project can is beneficial to the owner if the projected future income outweighs the cost of investments. A project makes sense if it generates profits.
Borrowing money to pay for the advanced degree will make sense if potential future earnings exceed the debts incurred.
Answer:
b
Explanation:
What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?
Answer:
Data Analysis
Explanation:
During a fire outbreak which could be accidental or incidental, information is first collected both from witnesses and observation. After this, timelines are developed in a bid to develop inductive reasoning as to the patterns in the timing of the fire outbreak. Burn patterns are also analyzed to provide an indication as to the origin and cause of the fire.
It is important that the timelines and patterns being analyzed are based on facts that are verifiable and not speculations. This is important because working with incorrect information would lead to the development of the wrong hypothesis.
What is the first thing the law requires you to do when you arrive at an intersection? Explain what you should do if there is an officer directing traffic.
Answer:
If a law enforcement officer if directing traffic where there are traffic lights, OBEY the officer – not the signals. You must yield the right-of-way to all other traffic and pedestrians at stop signs. Move forward only when the road is clear. At four-way signs, the first vehicle to stop should move forward first.
The very first action we do is stop at the junction as if it were a red light and waiting for police to notify you when it is safe to go.
Explanation:
If a police officer directs traffic in an area with traffic signals, respect the officer rather than the signals. At stop signs, you must surrender the right-of-way to all other cars and pedestrians. Only proceed when the road is clear. When approaching a four-way stop, the first car to halt shall proceed first.
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Select all that apply Capital budgeting decisions include ______. Multiple select question. acquiring a new facility to increase capacity deciding to replace old equipment purchasing new equipment to reduce cost increasing the salary of the current company president determining which equipment to purchase among available alternatives hiring new factory workers choosing to lease or buy new equipment
The statements i.e. considered for capital budgeting decisions are as follows:
Purchasing a new facility for raising the capacity of the company.To decide on replacing old equipment of the organization.Acquisition of new equipment for decreasing the cost.Measures which equipment should be purchased among available alternatives.Select to lease or purchase new equipment.The information related to the capital budgeting decisions are as follows:
It is a both financial commitment & an investment.Invested in the long-term direction that has an impact on the upcoming projects which the company considered. Lower cost and profit more.Increase in the capacity of the organization.Therefore we can conclude that the above statements should be considered.
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gehrig is willing to pay $90 for a cap made of raccoon skin. suppose he finds such a cap for $71 on ebay. if gehrig buys the cap, he will have an individual consumer surplus of $71. true false
This statement is False. If Gehrig buys the cap for $71 on eBay but is willing to pay $90, his individual consumer surplus would be $19, not $71.Consumer surplus represents the difference between the maximum price a consumer is willing to pay for a good or service and the actual price paid.
In this case, Gehrig is willing to pay $90 for the raccoon skin cap, but he finds it on eBay for $71. If he purchases the cap at that price, his consumer surplus would be $90 - $71 = $19.
This means he derives a benefit of $19 from purchasing the cap at a lower price than his maximum willingness to pay. Therefore, the statement that Gehrig would have an individual consumer surplus of $71 is false.
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Identify a true statement about the different stages of a product life cycle. Select one: a. The production and marketing costs are generally low during the introduction phase of the product life cycle. b. As a product matures, profits for an initiating firm keep pace with sales. c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle. d. A seller makes price concessions, increases product quality, or expands outlays on advertising and sales promotion during the growth stage.
Answer:
c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
The true statement about the different stages of a product life cycle is that profits increase and are positively correlated with sales during the growth stage of the product life cycle because the growth stage is typically characterized by an acceptance of the product in the market by the consumers. Thus, there would be an increase in the quantity of goods sold (revenue) and a corresponding increase in profit.
WACC for a company: Contemporary Products Ltd currently has $200
million of market value
debt outstanding. The 9 percent
coupon bonds (semiannual pay) have a maturity of 15 years, a face
value of $100
The company's weighted average cost of capital (WACC) is approximately 11.32%.
How did we get the value?To calculate the weighted average cost of capital (WACC), consider the different sources of capital for the company and their respective weights. In this case, the sources of capital are market value debt, preference shares, and ordinary shares.
Step 1: Calculate the weights of each source of capital.
Total market value debt = $200 million
Total market value of preference shares = 2 million shares * $20 per share = $40 million
Total market value of ordinary shares = 14 million shares * $20 per share = $280 million
Total market value of all sources of capital = $200 million + $40 million + $280 million = $520 million
Weight of debt = Market value of debt / Total market value of all sources of capital
Weight of debt = $200 million / $520 million = 0.3846 (approximately 38.46%)
Weight of preference shares = Market value of preference shares / Total market value of all sources of capital
Weight of preference shares = $40 million / $520 million = 0.0769 (approximately 7.69%)
Weight of ordinary shares = Market value of ordinary shares / Total market value of all sources of capital
Weight of ordinary shares = $280 million / $520 million = 0.5385 (approximately 53.85%)
Step 2: Calculate the cost of each source of capital.
Cost of debt:
Coupon rate = 9% (semiannual pay)
Bond price = $1,024.87
Face value = $1,000
Number of periods = 15 years * 2 (since semiannual payments) = 30 periods
We can use the following formula to calculate the cost of debt:
Cost of debt = Coupon payment / Bond price + (Face value - Bond price) / Number of periods / (Face value + Bond price) / 2
Coupon payment = Coupon rate × Face value / 2
Coupon payment = 9% × $1,000 / 2 = $45
Cost of debt = $45 / $1,024.87 + ($1,000 - $1,024.87) / 30 / ($1,000 + $1,024.87) / 2 ≈ 0.0438 (approximately 4.38%)
Cost of preference shares:
Dividend per preference share = $1.20
Market price per preference share = $20
Cost of preference shares = Dividend / Market price
Cost of preference shares = $1.20 / $20 ≈ 0.06 (approximately 6%)
Cost of ordinary shares:
Dividend in the next year = $2.20
Expected dividend growth rate = 7%
We can use the Gordon growth model to calculate the cost of ordinary shares:
Cost of ordinary shares = (Dividend / Share price) + Dividend growth rate
Cost of ordinary shares = ($2.20 / $20) + 7% ≈ 0.17 (approximately 17%)
Step 3: Calculate the weighted average cost of capital (WACC).
WACC = (Weight of debt × Cost of debt) + (Weight of preference shares × Cost of preference shares) + (Weight of ordinary shares × Cost of ordinary shares)
WACC = (0.3846 × 0.0438) + (0.0769 × 0.06) + (0.5385 × 0.17)
WACC ≈ 0.0169 + 0.0046 + 0.0917
WACC ≈ 0.1132 (approximately 11.32%)
Therefore, the company's weighted average cost of capital (WACC) is approximately 11.32%.
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The complete question goes thus:
WACC for a company: Contemporary Products Ltd currently has $200 million of market value debt outstanding. The 9 per cent coupon bonds (semiannual pay) have a maturity of 15 years, a face value of $1000 and are currently priced at $1,024.87 per bond. The company also has an issue of 2 million preference shares outstanding with a market price of $20. The preference shares offer an annual dividend of $1.20. Contemporary Products also has 14 million ordinary shares outstanding with a price of $20.00 per share. The company is expected to pay a $2.20 ordinary dividend 1 year from today, and that dividend is expected to increase by 7 per cent per year forever. If the corporate tax rate is 40 per cent, then what is the company’s weighted average cost of capital?
after sally as the print preview in print command to the quick access toolbar which icon would she have added
approximately what percentage of the federal government's tax revenue are generated from personal income taxes
Approximately, 55 percentage of the federal government's tax revenue are generated from personal income taxes.
What is federal government's tax revenue?Government expenditures must be covered by government revenue, which comes from taxes and other sources. In the fiscal year 2023, the United States government has received $318.58 billion.
The income tax is the most prevalent type of federal taxes. The government is able to collect taxes from any individual or firm that makes money during the year thanks to the income tax regulations.
What does personal income tax mean?Personal income tax is another name for individual income tax. An individual's wages, salaries, and other sources of income are subject to this kind of income tax. This tax is typically a state-imposed tax. Most people do not pay taxes on all of their income because of exemptions, deductions, and credits.
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Explain what test marketing is and its purpose?
Test marketing is a marketing method that aims to explore consumer response to a product or marketing campaign by making it available on a limited basis before a wider release. Consumers exposed to the product or campaign may or may not be aware that they are part of a test group.