Conroy Copper Mines has $940 million in total liabilities and $620 million in shareholder's equity. It discloses operating lease commitments over the next five years with a present value of $120 million. If the lease commitments are treated as debt, the debt-to-total-capital ratio is closest to:

The Weighted Average Cost of Capital (WACC) for Lightning Power Company is 9.84%.

To calculate the Weighted Average Cost of Capital (WACC) for Lightning Power Company, we need to determine the cost of each component of its capital structure and their respective weights. The WACC is the weighted average of these costs.

Cost of Debt:

The debt component consists of 9,000 bonds with a 5.8 percent coupon rate, a $1,000 par value, and selling for 106 percent of par. The semiannual coupon payment is calculated as (5.8% * $1,000) / 2 = $29.

The current market price of the bond is 106% of $1,000, which is $1,060. The yield to maturity (YTM) can be calculated using financial calculators or Excel. Let's assume the YTM is 4.5%. Therefore, the cost of debt is 4.5%.

Cost of Common Stock:

The cost of common stock is determined using the Capital Asset Pricing Model (CAPM). The risk-free rate is given as 4.6%, and the market risk premium is 5%. The beta for Lightning Power Company's common stock is 1.11.

Using the CAPM formula: Cost of equity = Risk-free rate + Beta * Market risk premium. Therefore, the cost of equity is 4.6% + 1.11 * 5% = 9.71%.

Cost of Preferred Stock:

The cost of preferred stock is the dividend yield, which is the preferred dividend divided by the market price per share. The preferred stock has a 3.6% dividend yield, and it is selling for $81 per share. Therefore, the cost of preferred stock is 3.6% / $81 = 4.44%.

Next, we need to determine the weights of each component based on their market values. The market value of debt is 9,000 * $1,060 = $9,540,000. The market value of common stock is 420,000 * $60 = $25,200,000.

The market value of preferred stock is 18,000 * $81 = $1,458,000. The total market value of the company's capital structure is $36,198,000.

Now we can calculate the WACC using the formula:

WACC = (Weight of Debt * Cost of Debt) + (Weight of Equity * Cost of Equity) + (Weight of Preferred Stock * Cost of Preferred Stock).

Weight of Debt = $9,540,000 / $36,198,000 = 0.2639 (26.39%)

Weight of Equity = $25,200,000 / $36,198,000 = 0.6961 (69.61%)

Weight of Preferred Stock = $1,458,000 / $36,198,000 = 0.0401 (4.01%)

Plugging in the values, we get:

WACC = (0.2639 * 4.5%) + (0.6961 * 9.71%) + (0.0401 * 4.44%) = 2.88% + 6.78% + 0.18% = 9.84%.

For more such question on Cost. visit :

https://brainly.com/question/28147009

#SPJ8

Answer:

Deductions for state and local sales tax (SALT), income, and property taxes can be itemized on Schedule A.

Explanation:

The interest rate for April is 50.29%.

In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.

It is not the same as a fee that the borrower might pay to the lender or another entity.

Given that April's credit card debt is $483.42 but that he needs to make a payment of $726.18, the interest rate for non-payment that he is subject to is as follows:

483.42 = 100

726.18 = X

((726.18 x 100) / 483.42) = X

= X

Consequently,

since 150.29 = 150.29 - 100 = 50.29 %

Learn more about Interest here

https://brainly.com/question/19260630

#SPJ1

The scenario that describes the highest level of productivity is option D. Producing 5 chairs using resources that cost $100. Calculating the highest productivity:

For A. The cost should be $400 for 50 chairs so per chair should be = $400 ÷ 50 = 8. For B. The cost should be $150 for 15 chairs so per chair should be = $150 ÷ 15 = 10. For C. The cost should be $100 for 5 chairs so per chair should be = $100 ÷ 5 = 20. and For D. The cost should be $200 for 100 chairs so per chair should be = $200 ÷ 100 = 2

Productivity is the efficiency of production of goods or services expressed by some measure. Measurements of productivity are often expressed as a ratio of an aggregate output to a single input or an aggregate input used in a production process, i.e. output per unit of input, typically over a specific period of time.

Therefore, the correct answer is option D.

learn more about productivity: https://brainly.com/question/2992817

#SPJ1

Answer:

getting bullied being lonely no friends not fitting in

Explanation:

Answer:

b. Olivia is entitled for leave under F M L A.

Explanation:

From the question, we are informed about Olivia who requested for leave from her supervisor for one week since her daughter fell sick and required home care. The employer refused to grant her leave and as a result Olivia was forced to be absent from work without pay. She later filed a suit against her employer alleging violation of Title VII. In this case, Under the assumption that Olivia is a productive employee, the court most likely held that Olivia is entitled for leave under F M L A. Title VII can be regarded as a law that applies to private as well as public employers with 15 employees and more, the enforcement is carried out by

the Equal Employment Opportunity Commission in the state.It gives prohibition on sexual sex harassment or hostile work environment by the employers to the employees, the law can also be enforced in a case whereby an employee is facing a situation where by the employer refused to promote the employees

.

Answer:

a municipal bond and 100 shares of ABC Corporation common stock

Answer:

In simple words, Individual workers' ethical convictions have an impact on team and department productivity as well as individual achievement.  Being an ethical worker allows you to be a stronger team participant constantly contributing positively in group situations and just never impeding collective success.

Even though all individuals are important in and of themselves, ethical individuals can be more monetarily useful to their companies as well as more respected by their colleagues and competitors. Reflecting on workplace ethics may help you become a better employee, and it's a good thing to begin if you want to do the right thing all of the time.

Answer:

How can poor ethics devalue you as an asset on the team? Well, if you have poor moral standards and beliefs and what not, people can somewhat easily identify your personality as a negative trait. However if you're a good person with good values and spot on ethics, people will quickly realize that you're a good asset to have on the team.

Your energy, work ethic, and values also determine how good or bad your work ethic is.

Explanation:

For Connections Academy Career Development Unit Test

Answer:

1. merchant

2. agent and brokers

Explanation:

Merchant wholesalers buy from manufacturers and sell to other businesses. Agents and brokers are essentially independents who provide buying and selling services.

Answer: Clarifying company policies.

Train employees on theft prevention.

Reduce human errors with checklists and reporting.

Frequent inventory audits.

Video surveillance.

Hire a loss prevention manager.

Triple-check your vendors.

Explanation:

I don't have an exp for you, just search it up if you need one.

The leader's leadership style has an impact on group performance and goal achievement since it influences employee behavior.

A leader's leadership style relates to how he or she directs, motivates, and manages others. A person's leadership style also influences how they strategize and implement plans while keeping stakeholders' expectations and the well-being of the team in mind.

Managers are in charge of guaranteeing team success, fostering a pleasant environment, and solving challenging problems. It motivates people to work harder and see their leaders as more effective.

Effective leadership requires strong communication, inclusiveness, and empowerment, and it has a beneficial effect on morale. A team's morale will rise when communication from the top to the bottom improves under competent leadership.

Learn more about leadership on:

https://brainly.com/question/1232764

#SPJ1

Answer: C.

Cost of Goods Sold

3,500

Merchandise Inventory

3,500

Explanation:

A perpetual inventory system is a system thats uses records transactions that take place in real-time. Both the returns and the purchases are recorded immediately as they happen in the inventory account.

Under the perpetual inventory method, it should be noted that sales will be credited to the inventory while the purchases that are incurred will be debited to the inventory and it should be noted that the debit will be recorded in the account of the cost of goods sold.

Therefore based on the question, the journal entry to record the cost of goods sold would​ be:

Debit: Cost of goods sold $3500

Credit: Merchandise inventory $3500

Therefore, the correct option is C.

The insurance industry was put into the care and authorization of the individual states by the passing of the Health Insurance Portability and Accountability Act.

The two principal goals of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) could best be summarized as: guaranteeing that employees could maintain continuous health insurance if they lost or changed employment, and preserving the privacy of individual health information.

Streamlining industry inefficiencies, reducing paperwork, making it simpler to detect and prosecute fraud and abuse, and allowing workers in all professions to change occupations even if they (or family members) have pre-existing medical issues are the purposes and objectives of this legislation.

To learn more about Health Insurance

https://brainly.com/question/29042328

#SPJ1

Answer:

$60,449

Explanation:

To find the answer, we use the following formula:

FV = PV (1 + i)^n

Where:

FV = Future value (in this case, the $350,000 Phill believes he will need).

PV = Present value (the value we will find).

i = interest rate

n = number of compounding periods (36 periods in this case, because Phill will save for 18 years, and the interest rate compounds semiannually, so 18 x 2 = 36)

Now, we plug the amounts into the formula:

350,000 = PV (1 + 0.05)^36

350,000 = PV (5.79)

350,000 / 5.79 = PV

60,449 = PV

Thus, Phill ll need to invest $60,449 today, to meet his $350,000 goal.

The bid price is the price that any dealer agrees to pay investors for their securities, whereas the ask price is the price that the dealer agrees to charge investors for their securities.

A buyer's highest possible offer to purchase a security is referred to as the bid price. The ask price is used to describe the cheapest amount a seller will take for a security. The spread, or the difference between these two prices, is what determines how liquid a security is; the narrower the spread, the more liquid the security is.

The bid price in stock trading is the maximum price a buyer is willing to pay for a particular security, and the ask price is the lowest price a seller will take. The spread is the difference between these two prices; the lower the spread, the more liquid the particular security is.

To learn more about bid price, visit:

https://brainly.com/question/15088855

#SPJ1

Three examples of my workplace strengths are adaptability, collaboration, and initiative.

Workplace strengths consist of the skills, abilities, and personal attributes that one brings to one's job that enables the person to perform well in his/her role.

Examples are:

Adaptability, which means being able to adjust to changing circumstances.

When one is adaptable, he is creative and ready to come up with solutions to unexpected problems, be it in a new project, a new team, or a new way of doing things.

Collaboration refers to being able to work well with others, share ideas, and have strong relationships.

Collaborators are not afraid to listen to other people's perspectives and are always willing to compromise to find the best solution.

Initiative is another of my strength in the workplace. Being initiative allows me to identify problems and come up with solutions.

It also enables me to be unafraid of taking risks and to try new ways to make a positive impact on the organization.

Learn more about skills at brainly.com/question/26061350

#SPJ1

Answer: hope this helps.

Broadly shared growth in per capita GDP increases the typical American's material standard of living. ... Productivity growth allows people to achieve a higher material standard of living without having to work more hours or to enjoy the same material standard of living while spending fewer hours in the paid labor force.

Explanation:

a)  the NPV of the project is $3,573.36. b) the MIRR of the project is 5.94%.

c) the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project.

a) To calculate the NPV of the project, we need to discount the future cash flows to their present value using the weighted average cost of capital (WACC) of 7.45%.

Year 0 cash flow: -$32,600

Year 1 cash flow: $\(15,000 / (1 + 0.0745)^1\) = $13,947.74

Year 2 cash flow: $\(17,000 / (1 + 0.0745)^2\) = $14,377.64

Year 3 cash flow: $\(13,000 / (1 + 0.0745)^3\) = $10,748.23

Year 4 cash flow: -$\(4,000 / (1 + 0.0745)^4\) = -$2,900.25

NPV = -$32,600 + $13,947.74 + $14,377.64 + $10,748.23 - $2,900.25 = $3,573.36

Therefore, the NPV of the project is $3,573.36.

b) The IRR (Internal Rate of Return) and MIRR (Modified Internal Rate of Return) are both methods used to evaluate the attractiveness of an investment opportunity. The IRR is the discount rate that makes the NPV of the project equal to zero, while the MIRR is the discount rate that equates the present value of cash inflows to the future value of cash outflows.

In this case, since the project has non-conventional cash flows (negative initial cash flow followed by positive cash flows and then a negative cash flow), the IRR approach may lead to multiple IRR values, making it unreliable. Therefore, MIRR is more appropriate for this problem.

To calculate MIRR, we need to find the future value of the initial outflow, and the present value of all future inflows, then find the discount rate that equates these values.

Future value of the initial outflow: -$ = -$41,670.92

Present value of future inflows: $15,000 + $17,000 + $13,000 - $4,000 = $41,000

MIRR = [(41,000 / 41,670.92)^(1/4)] - 1 = 5.94%

Therefore, the MIRR of the project is 5.94%.

c) Based on the positive NPV of $3,573.36 and the MIRR of 5.94%, it is advisable for the management to accept the project. The positive NPV indicates that the project's inflows exceed the outflows, generating value for the company, while the MIRR of 5.94% is higher than the cost of capital of 7.45%, indicating that the project is expected to provide returns that are higher than the required rate of return.

For more such questions on NPV visit:\(32,600 \times (1 + 0.0745)^4\)

https://brainly.com/question/18848923

#SPJ11

The differences between a sales tax and a use tax are:

A lot of states uses Consumer Tax states. While Use Tax is known to be the tax that is placed or tax on the storage, use.

Note that used tax are placed on goods that no sales tax has been paid. Use tax is said to be a complementary or compensating tax used in place of sales tax.

Learn more about tax from

https://brainly.com/question/25783927

Answer:

LOOK AT EXPLAINATION FIRST !!

There are different types of taxes that really are levied for each institution in a kind of major way. Income corresponds to taxes paid by individuals on their mostly earned money. Property, on the kind of other hand, corresponds to taxes paid by property owners to state and local governments, contrary to popular belief. Corporate taxes definitely are the taxes that companies are required to pay on their earnings over the course of a year, which essentially is fairly significant.

Explanation:

1. C

2. A

3. C

4. A

5.  C

Answer: learning management system

Explanation:

Based on the information given in the question, the application that the HR department should use to help with employee training is the learning management system.

This is a software application that can be used by schools, or organizations to help in administering, tracking, and delivering training programs or courses to students or employees. Examples of Learning Management Systems are Moodle, Blackboard Learn, Google Classroom, etc.

A factor that could influence an employer to increase an employee's wages is high worker productivity (second option).

Wages is the reward given to an employee for partaking in the production activities of a particular company. When wages are increased, it can either be to act as incentive to an employee or to reward the employee for an increase in productivity.

When there is an economic downturn, the profitability of a company usually reduces because there would be a low demand for the company's goods. Firms would want to conserve their profits, thus it is unlikely for them to increase employee's wages. Increase in insurance costs, increase the cost of production and reduces the company's profit. This reduces the incentive to raise employee's wages.

To learn more about wages, please check: https://brainly.com/question/571287

#SPJ1

Vincent's behavior demonstrates rational self-interest.

Vincent's behavior of seeking high-paying jobs, looking for sales, and searching for opportunities that bring happiness and fulfillment aligns with the concept of rational self-interest. Rational self-interest refers to individuals making choices and pursuing actions that they believe will maximize their own well-being or self-interest.

In this case, Vincent is actively seeking opportunities that offer financial benefits (high-paying jobs, sales) and personal satisfaction (happiness and fulfillment). His actions are driven by the desire to improve his own economic and personal circumstances which is indicative of rational self-interest.

Read more about behavior

brainly.com/question/1741474

#SPJ1

Issues with interest. Ann put $12,000 into two different bank accounts. One of the accounts offers 6% yearly interest, while the other offers 5%.

What is the definition of "interest"?

A feeling that is associated with or draws attention to a certain object or person: A worry-inducing object or person is referred to as a concern. a fascinating quality in something or someone.

Interest, to put it as simply as possible, is the price of borrowing money. It's the amount you owe your lender from a credit card or loan balance. However, there are other ways to get interest paid to you; the most common ones are certificates of deposit and savings accounts.

Know more about  bank Visit:

https://brainly.com/question/29433277

#SPJ1

Answer:

The answer would be B, $1,680

Step-by-step explanation:

So first of all you want to start by finding what P, r and t would be.

P = Principal amount ($$)

r = interest rate (%)

t = time

Once I found all of those I put them into the equation (l = Prt) and solved. That's how I came up with $1,680. Check out the screenshot I have provided for all my work! :)

Have a great day!

Whenever a situation that need a quick decision making such as one made by a situational leader, this is an example of the aspect of participative /democratic leadership that may not be the most effective alternative for success.

In an organization, the Democratic leadership style is the type of leadership that redistributes power and authority between managers and their employees to promote employee involvement in organizational decision-making processes.

Most time, this democratic leadership style in an organization involves the redistribution of power and authority between employees and managers to provide employee involvement in decision making.

Read more about democratic leadership

brainly.com/question/24252982

#SPJ1

Answer:

checking account, savings acc, debit and credit cards, insurance , wealth management

Explanation:

The most important banking services can be as follows:

The bank is a financial authority that is accountable to the account holders who have opened their accounts in their bank.

Banks provide various types of services which are described as follows:

Therefore, the service being provided by banks are explained as above.

Learn more about the banking system in the related link:

https://brainly.com/question/15062008

#SPJ2

Answer:

D

Explanation:

EDGE2021

Indirect interview requests include of all of the following techniques EXCEPT requesting an interview during a telephone call to the employer.

An interview is a meeting of people face to face.

Technique is a way of carrying out a particular task, especially the execution or performance of an artistic work or a scientific procedure.

An employer is a person or organization that employs people.

To learn more about interview and employer refer

https://brainly.com/question/13073622

#SPJ2

Answer:

The purpose of the stock market is to facilitate the buying and selling of publicly traded stocks, bonds, and other securities issued by companies, governments, and other organizations.

Explanation:

The primary goal for investors in the stock market is generally to make a profit by buying stocks at a low price and then selling them at a higher price. However, the stock market also serves other purposes such as providing a way for companies to raise capital by selling shares of their stock to the public, and allowing investors to share in the success of companies whose stock they own.