phillips equipment has 6,500 bonds outstanding that are selling at 96.5 percent of par. bonds with similar characteristics are yielding 6.7 percent, pretax. the company also has 48,000 shares of 5.5 percent preferred stock and 75,000 shares of common stock outstanding. the preferred stock sells for $64 per share. the common stock has a beta of 1.32 and sells for $41 per share. the preferred stock has a stated value of $100. the u.s. treasury bill is yielding 2.2 percent and the return on the market is 10.6 percent. the corporate tax rate is 21 percent. what is the weighted average cost of capital? multiple choice 8.09% 8.64% 10.18% 9.30% 10.56%
Answers
After taking into account the corporate tax rate of 21%, the Weighted Average Cost of Capital is 10.56%. The WACC is a calculation used to determine the required rate of return that a company must earn in order to satisfy its investors.
The WACC is calculated by taking into account the cost of debt, equity, and other sources of capital, weighed against the proportion of each that the company has used to finance its operations. In this case, the calculation of the WACC is as follows:
Debt: 6,500 bonds outstanding x 96.5% of par x 6.7% yield = 4.251%
Preferred Stock: 48,000 shares x 5.5% = 2.64%
Common Stock: 75,000 shares x 1.32 beta x 10.6% market return = 10.77%
Total Weighted Average Cost of Capital = 4.251% + 2.64% + 10.77% = 17.66%
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Related Questions
An october 27, 2013 op/ed. Piece by armstrong williams in the washington times makes a four-part argument against the affordable care act or obamacare. Using toulmin’s argumentation model, correctly label each part of the argument, and identify its rebuttal. Each choice is only used once.
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Using Toulmin's argumentation model, correctly label each part of the argument, as
1. In general, laws should benefit everyone as they were intended-- Warrant
2. The ACA provides health care to many who could not afford it previously -- Rebuttal
3. Early empirical evidence shows that the premiums for young people are significantly higher under the ACA. -- Backing
4. Therefore, the ACA should be repealed -- Claim
5. Because the insurance premium benefits under the ACA are not as attractive as originally advertised -- Grounds.
What is the objective of Toulmin's argumentation model?According to Toulmin, an argument must include three key components: a claim, supporting evidence, and a warrant. The warrant is the presumption upon which the statement and the supporting data are based.
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The complete question is Probably
An October 27, 2013 op/ed. piece by Armstrong Williams in The Washington Times makes a four-part argument against the Affordable Care Act or Obamacare. Using Toulmin's argumentation model, correctly label each part of the argument, and identify its rebuttal. Each choice is only used once.
A. Warrant
B. Rebuttal
C. Backing
D. Grounds
E. Claim
1. In general, laws should benefit everyone as they were intended.
2. The ACA provides health care to many who could not afford it previously.
3. Early empirical evidence shows that the premiums for young people are significantly higher under the ACA.
4. Therefore, the ACA should be repealed.
5. Because the insurance premium benefits under the ACA are not as attractive as originally advertised.
What is an example of a general safety hazard?
poorly maintained equipment
contaminated water
blizzard
employee retaliation
Answers
Answer:
poorly maintained equipment
Answer:
contaminated water
Explanation:
if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard
Productivity is an important goal for Clearwater Electronics. Like most productive organizations, Clearwater recognizes the contributions human resource management (HRM) can make to improve productivity through people. How can HRM best ensure that the work environment at Clearwater is one in which employees are productive and add value?
Answers
Answer:
HR managers can contribute by providing work organization and design that allow for an increase of output as well as quality
Explanation:
Which of the following 4 firms should have the highest price-earnings ratio? Firm 1 with a high beta and a low dividend growth. Firm 4 with a low beta and a high dividend growth. Firm 3 with a high beta and a high dividend growth. Firm 2 with a low beta and a low dividend growth.
Answers
The price-earnings ratio (P/E ratio) is a popular metric used by investors to determine the relative value of a company's stock. The P/E ratio is calculated by dividing the current stock price by the earnings per share (EPS) of the company. A higher P/E ratio indicates that investors are willing to pay more for each dollar of earnings that the company generates.
In terms of the four firms given, the firm that should have the highest P/E ratio is Firm 3 with a high beta and a high dividend growth. A high beta indicates that the stock is more volatile than the overall market, which means that investors are expecting higher returns. Additionally, a high dividend growth rate indicates that the company is increasing its dividends at a faster rate, which can also lead to higher stock prices.
On the other hand, Firm 1 with a high beta and a low dividend growth and Firm 2 with a low beta and a low dividend growth may have lower P/E ratios because they may be perceived as less risky investments. Finally, Firm 4 with a low beta and a high dividend growth may have a moderate P/E ratio since it has a lower risk profile but still offers attractive dividends to investors.
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Which of the following is an engagement metric?
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Product stickiness, client engagement score, and client churn charge are the 3 important engagement metrics.
This client engagement metric measures what number of pages of your internet site a person clicks thru to inside an unmarried visit an excessive web page-per-consultation charge is typically an illustration that site visitors locate your content material helpful, authoritative, and engaging.
Pageviews, sessions, and users are the maximum not unusual place metrics used to suggest visitors in your internet site. Pageviews are the maximum simple of all person engagement metrics, measuring an example of a person touring a selected web page in your internet site.
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In the broadest sense, a new product marketer must research ________ when developing a new product and a marketing program
a. attitudes of consumers toward packaging
b. various domestic promotional challenges
c. characteristics of international markets
d. characteristics influencing the rate of adoption
e. characteristics related to pricing acceptability
Answers
In the broadest sense, a new product marketer must research characteristics influencing the rate of adoption when developing a new product and a marketing program.
Option D is correct.
Before developing a marketing strategy for a new product, a marketer should investigate the factors that influence its adoption rate.
What is the adoption rate in marketing program ?Before developing a new product and marketing strategy, a new product marketer must conduct in-depth research to comprehend the factors that will influence the rate of adoption of the new product. This requires studying the product's unique features and benefits, the size of the potential market, and the specific needs and wants of the target audience. The marketer must also assess the product's positioning and the market's competitive environment.
The marketer must also take into consideration the various components of the marketing mix, such as product design, pricing strategies, promotional activities, and distribution channels, in order to develop a successful marketing strategy that will result in a significant increase in demand for the new product.
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Unlike need satisfaction selling, stimulus response selling focuses on customers rather than on salespeople. Question 13 options: True False
Answers
it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling
What is stimulus response sales?A sales technique of Stimulus Response is an approach that emphasizes on saying the right thing at the right time to convince the buyer along a question-answer sequence in the negotiation of sales.
Therefore, it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling
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suppose that xyz is contemplating whether to start a new laptop production line. this project will have the same capital structure as the firm. the debt for the new project is riskless. what discount rate should xyz use to discount the cash flows from its laptop production project?
Answers
The discount rate that XYZ should use to discount the cash flows from its laptop production project is the weighted average cost of capital (WACC).
WACC takes into account the cost of both equity and debt financing, and is calculated as follows: WACC = (E/V x Re) + (D/V x Rd x (1 - T)), where E is the market value of equity, V is the total market value of the firm (E + D), Re is the cost of equity, D is the market value of debt, Rd is the cost of debt, and T is the corporate tax rate.
Since the debt for the new project is riskless, its cost of debt would be the risk-free rate, and the cost of equity would be calculated using the Capital Asset Pricing Model (CAPM) or other similar methods.
Once we have estimated the cost of equity and the cost of debt, we can calculate the WACC and use it to discount the cash flows from the laptop production project. The resulting present value of these cash flows can be compared to the initial investment in the project to determine whether it is a profitable venture for XYZ.
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To compute net income for a merchandiser, you will start with net sales, subtract cost of goods sold and subtract other.
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The next items to subtract from net sales in order to compute net income for a merchandiser are Expenses.
What are the expenses for a merchandiser?The expenses for a merchandiser include selling and distribution expenses. Others are administrative expenses, including depreciation for long-term assets, and tax expenses.
Thus, o compute net income for a merchandiser, you will start with net sales, subtract the cost of goods sold and subtract other expenses.
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Direction: Fill the missing word/or group of words to complete the following statement.
1. Tools which are made of ________ should be kept clean and sanitized properly
in preparation for the next patron.
2. Empty bottles and containers are _________
in a covered trash bin.
3. Finger bowls must be _________ before use of every client.
4. Table tops and door handles are wiped with ___________
and the floor
should be mopped with disinfectant as well.
5._________ wastes should be disposed off as recommended by local
authority.
help me please, I need answers now
Answers
Answer:
explanation
Explanation:
steel
always
washed
cloth
plastic?
The average stock price for companies making up the S&P 500 is $30, and the standard deviation is $18.20 (Business Week, Special Annual Issue, Spring 2003). Assume the stock prices are normally distributed. (a) What is the probability that a stock price of a company will be more than $40 (to 4 decimals)? (b) What is the probability that a stock price of a company will be lest than $20 (to 4 decimals)?
Answers
he probability that a stock price of a company will be more than $40 can be calculated using the z-score and the standard normal distribution table .z = (40 - 30) / 18.20 ≈ 0.5495.
Probability = 1 - 0.2946 = 0.7054
First, we need to calculate the z-score, which represents the number of standard deviations an observation is from the mean. The formula for calculating the z-score is:
z = (x - μ) / σ
Where:
x = the value we want to find the probability for (in this case, $40)
μ = the mean of the distribution ($30)
σ = the standard deviation of the distribution ($18.20)
Calculating the z-score:
z = (40 - 30) / 18.20 ≈ 0.5495
Next, we need to find the probability associated with the z-score. Using a standard normal distribution table or calculator, we can find the probability that a z-score is greater than 0.5495, which is approximately 0.2946.
Therefore, the probability that a stock price of a company will be more than $40 is approximately 0.2946 (to 4 decimals).
(b) To find the probability that a stock price of a company will be less than $20, we follow a similar process.
Calculating the z-score:
z = (20 - 30) / 18.20 ≈ -0.5495
Using a standard normal distribution table or calculator, we find the probability that a z-score is less than -0.5495, which is approximately 0.2946.
However, since we want the probability that the stock price is less than $20, we need to subtract this probability from 1, as the standard normal distribution table gives the probability of being less than a given value. So:
Probability = 1 - 0.2946 = 0.7054
Therefore, the probability that a stock price of a company will be less than $20 is approximately 0.7054 (to 4 decimals).
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the following events occurred last year at nieto company: depreciation expense $ 22,000 dividends paid $ 11,200 paid off bonds payable $ 45,000 purchase of plant and equipment $ 60,000 sale of long-term investment $ 40,500 based on the above information, what is the net cash provided by (used in) financing activities? multiple choice $(75,300) $(56,200) $(33,800) $45,000
Answers
The net cash provided by (used in) financing activities is $(56,200).
To find the net cash provided by (used in) financing activities, we need to consider the events related to financing activities only. In this case, those are dividends paid and bonds payable paid off.
1. Dividends paid: $(11,200) - This is considered as cash used in financing activities, since it's a cash outflow.
2. Paid off bonds payable: $(45,000) - This is also considered as cash used in financing activities, as it's another cash outflow.
Now, to find the net cash provided by (used in) financing activities, we will add these two values:
Net cash used in financing activities = Dividends paid + Paid off bonds payable
Net cash used in financing activities = $(11,200) + $(45,000)
Net cash used in financing activities = $(56,200)
So, the correct answer is $(56,200), which is option B.
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PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much
Answers
Answer:
C A D
Explanation:
The primary risk with this retirement capital needs analysis is the risk of outliving retirement assets. 1. Annuity Method 2. Capital Preservation Method 3. Purchasing Power Preservation Method 1 only 1 and 2 only 1, 2 and 3
Answers
Several methods exist to mitigate the risk of outliving retirement assets, including the Annuity Method, the Capital Preservation Method, and the Purchasing Power Preservation Method. Therefore the correct option is 1, 2, and 3.
By employing a combination of these methods (1, 2, and 3), individuals can work to reduce the risk of outliving their retirement assets.
The annuity method involves purchasing an annuity that provides a fixed income for life.
The capital preservation method involves investing in low-risk assets that preserve the initial principal, but may not provide a high return.
The purchasing power preservation method involves investing in assets that provide a return that keeps pace with inflation, preserving the purchasing power of retirement assets.
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When planning the project, it is important to
Answers
Project planning plays an essential role in helping guide stakeholders, sponsors, teams, and the project manager through other project phases. Planning is needed to identify desired goals, reduce risks, avoid missed deadlines, and ultimately deliver the agreed product, service or result.
In brief, project management objectives are the successful development of the project's procedures of initiation, planning, execution, regulation and closure as well as the guidance of the project team's operations towards achieving all the agreed upon goals within the set scope, time, quality and budget standards.
True or false: Employees prefer to receive ISOs rather than NQOs because the entire difference between the sales price and the exercise on the subsequent sale of the stock may be taxed as a long-term capital gain if the required holding periods are met. True false question. True False
Answers
Answer:True
Explanation:
Can someone PLEASE PLEASE HELP ME WITH THIS!!!!!
Answers
Answer:
1. Consumer.
2. Producer.
3. Transportation.
4. Marketing.
5. Harvesting.
6. Processing.
7. Retail/food service.
Explanation:
Food supply continuum can be defined as a cycle of how livestock (animal products) moves from the producer to the consumers. The main goal of the food supply continuum is to safely provide quality animal products to the consumers.
Basically, the seven (7) steps or segments in the food supply continuum include the following;
1. The segment which is responsible for safe handling of the animal product (beef, pork, lamb) in their homes is the consumer.
2. The producer is responsible for raising a healthy animal.
3. The segment which carries the animal from the farm to the market is transportation.
4. The segment which sells the animal to the packer is marketing.
5. The segment which harvests the animal is harvesting. It involves the slaughtering of the animal.
6. The segment which processes the carcasses into retail cuts is processing.
7. The segment which involves a negotiator is the retail/food service.
Native to the Great Lakes, Lake Whitefish are the main fish species in Anishinaabe culture-- being an important part of their creation history--and are an important source of income for those trying to make a living fishing in the Great Lakes.
A. In Lake Superior, Whitefish populations have been dropping for a couple of decades. In 1986 the Whitefish yield was 180,000 lbs. Supposing the decrease in yield is exponential with a rate of decline of -3.67%, what is the Whitefish yield in 2022?
B. The decrease in Whitefish populations has been tied to warming temperatures in Lake Superior. The warmer waters allow invasive species like zebra mussels and quagga mussels to thrive while filtering our many nutrients from the base of the food web. Suppose immediate climate action is taken that allows Lake Superior to recover to its previous cooler temperatures, reducing the invasive species population and enabling the recovery of the Whitefish population. If there are currently 3,000 Whitefish and recovery follows a logistic growth rate of 0.021 with a carrying capacity of 10,600 Whitefish, in what year will the Whitefish population reach its 1986 level of 8,000 Whitefish?
C. A local fishery aims to help support the recovery of the Whitefish population in Lake Superior by funding research on invasive species removal. Initial research costs are estimated at $2.5 million per year. In 2023, research costs were $2.6 million. If these costs continue to compound annually at the same rate, how much money will be spent on research over three years?
Answers
The Whitefish yield in 2022 is 51,028 lbs. Given that the Whitefish yield has decreased exponentially with a rate of decline of -3.67%. Let P₀ be the Whitefish yield in 1986, and t be the number of years since 1986.
Then, the exponential decay model can be written as:P(t) = P₀e^kt where k is the rate of decline in decimal form, and P(t) is the Whitefish yield t years after 1986.Therefore, the Whitefish yield in 2022 (t = 2022 - 1986 = 36) can be calculated as follows: P(t) = P₀e^ktP(t) = 180,000 × e^(-0.0367×36)P(t) ≈ 51,028 lbs
The logistic growth model can be represented as follows: P(t) = (KP₀e^rt) / (K + P₀(e^rt - 1))where P₀ is the initial population, K is the carrying capacity, r is the growth rate, and P(t) is the population after t years. Since the population starts with 3,000 individuals and is expected to grow until it reaches 8,000 individuals, the growth rate (r) is positive, and the carrying capacity (K) is 10,600 individuals.
The Whitefish population will reach its 1986 level of 8,000 Whitefish when P(t) = 8,000. Therefore, the equation becomes:8,000 = (10,600×3,000e^(0.021t)) / (3,000(e^(0.021t) - 1) + 10,600)To solve for t, we need to isolate it on one side of the equation. Multiplying both sides by the denominator gives:8,000(3,000(e^(0.021t) - 1) + 10,600) = 10,600×3,000e^(0.021t).
Simplifying this equation, we obtain:7,200,000e^(0.021t) - 25,200,000 = 0Using logarithms to solve for t, we get: t = (ln(25,200,000/7,200,000)) / 0.021t ≈ 2065Therefore, the Whitefish population will reach its 1986 level of 8,000 Whitefish in the year 2065. C) The amount of money spent on research over three years is $8,195,522. Therefore, the amount of money spent on research over three years is $8,195,522.
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Helpmeeeeeeeeeeeeeee
Answers
Answer:
18. b : most economic decisions are made by buyer and sellers
19. b : federal income tax
Explanation:
highlight characteristics of itinerant traders
Answers
How are the sales tax and the value-added tax similar?
Answers
Answer:
Sales tax is collected by the retailer when the final sale in the supply chain is reached via a sale to the end consumer. ... VAT (Value-Added Tax) is collected by all sellers in each stage of the supply chain. Suppliers, manufacturers, distributors and retailers all collect the value added tax on taxable sales.
Bye Have A Nice Day!hich pricing strategy involves setting a high price for an exclusive, high-end product?
Answers
guysss i need helpppp
what color is a carrot plzzzzzz this teacher is on my a.ss about it
Answers
Answer:
BLUE Hope this helps :)))))
Explanation:
............
Answer:
totally megenta
Explanation:
☺️☺️☺️☺️☺️☺️☺️☺️
which republicans voted for debt ceiling
Answers
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
PLEASE HELP ME!!!!! I need to know the best ways to make a small business known. I just started a small Scentsy® business with my mom. I don't do social media and my moms is mainly her private friends even though it is public.
Answers
Answer:
Buy ads and get social media
Explanation:
When deciding on what to wear each day, most people use the decision-making process.
Т
F
Answers
Answer:
False
Explanation:
The decision-making process is a complex process that requires the user to go through seven in-depth steps before coming to a conclusion. This would be used in a business setting by an employee such as a CEO before making important decisions such as cutting a product line or adding a new department. Deciding what to wear each day is a decision, but does not require the in-depth thought process and research that is included in the decision-making process.
If you could franchise a business - what business would you choose? (2-3 sentences)
Answers
Answer:
I would choose the Franchise Dunkin Donuts since many people get hungry in the morning. And since plenty of people work in the day times. It would be a mastermind full proof plan of sweet success.
Explanation: In Russia dog does not eat your homework, I do.
The process of ensuring that the strategic goals set at the top align with more specific short-term goals at lower organizational levels is known as ______ goals.
Answers
The process of ensuring that the strategic goals set at the top align with more specific short-term goals at lower organizational levels is known as Aligned goals.
How to achieve aligned goal?It involves strategic planning of activities in the organization, allocation of resource that is needed to achieve those goals and strategic decisions to be made in achieving the goal.
Therefore, the process of ensuring that the strategic goals set at the top align with more specific short-term goals at lower organizational levels is known as Aligned goals.
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Answer:
Cascading
Explanation:
What is the difference between a price floor and a price ceiling?
a. A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.
b. A price floor is the maximum price allowed for a good. A price ceiling is the minimum price allowed for a good.
c. A price ceiling below the equilibrium price has no effect.
d. A price floor above the equilibrium price has no effect.
Answers
Hi there, mate!
Answer:
a. A price floor is the minimum price allowed for a good. A price ceiling is the maximum price allowed for a good.
Explanation:
As the name suggests, a price floor is the lowest amount of money the price of a good can be. For example, if you were selling a dress, there is a price floor. There is also a price ceiling. You can not go over the price ceiling if you want to get more customers. So, the answer to the question is option A.
Answer: The correct answer is A
Widgets have the following supply and demand:
QD = 240,000 − 300P and QS = 15,000 + 200P
Suppose the government institutes a price control by forcing the price to be 370. Is the market in equilibrium, shortage, or surplus?
If it is in equilibrium, enter "0."
If it is in shortage, enter the shortage amount as a positive number.
If it is in surplus, enter the surplus amount as a negative number.
Answers
To determine whether the market is in equilibrium, shortage, or surplus when the government institutes a price control at $370, we need to compare the quantity demanded (QD) and quantity supplied (QS) at that price.
The demand function is QD = 240,000 - 300P, and the supply function is QS = 15,000 + 200P. By substituting the given price of $370 into both equations, we can calculate the corresponding quantities.
QD = 240,000 - 300(370) = 240,000 - 111,000 = 129,000
QS = 15,000 + 200(370) = 15,000 + 74,000 = 89,000
Comparing QD and QS, we find that QD (129,000) is greater than QS (89,000). This indicates that at the price of $370, the quantity demanded exceeds the quantity supplied, resulting in a shortage.
To determine the shortage amount, we subtract QS from QD:
Shortage = QD - QS = 129,000 - 89,000 = 40,000
Therefore, the market is experiencing a shortage of 40,000 units when the government sets the price at $370.
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