Turnbull's weighted average cost of capital will be higher by 0.65% if it has to raise additional common equity capital.
In the given question,
By combining the WACC formula and retained earnings cost of capital,we will arrive at;
WACC = Debt W × after tax cost of debt + Preferred stock weight × cost of capital + Equity W × Cost of capital
= 58% × 4.92% + 6% × 9.3% + 36% × 12.4%
= 2.85% + 0.56% + 4.46%
= 7.87%
Also, using the same WACC formula and using common equity cost of capital, we will arrive at the below;
WACC = Debt W × after tax cost of debt + preferred stock weight × cost of capital + Equity W × cost of capital
= 58% × 4.92% + 6% × 9.3% + 36% × 14.2%
= 2.85% + 0.56% + 5.11%
= 8.52%
Therefore, increase cost using common equity over retained earnings is [ 8.52% - 7.87%]
= 0.65%
N.B we arrived at 4.92% for after tax by;
Pre tax 8.2%
Current tax rate 40%
= Pre tax × ( 1 - cost of debt)
= 8.2% × ( 1 - 40%)
= 8.2% × 0.6%
= 4.92%
Read more about WACC:
https://brainly.com/question/29511911
#SPJ4
Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted selling price per unit is $70. Budgeted unit sales for June, July, August, and September are 8,200, 13,000, 15,000, and 16,000 units, respectively. All sales are on credit. Thirty percent of credit sales are collected in the month of the sale and 70% in the following month. The ending finished goods inventory equals 20% of the following month’s unit sales. The ending raw materials inventory equals 10% of the following month’s raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $2.50 per pound. Thirty percent of raw materials purchases are paid for in the month of purchase and 70% in the following month. The direct labor wage rate is $14 per hour. Each unit of finished goods requires two direct labor-hours. The variable selling and administrative expense per unit sold is $1.40. The fixed selling and administrative expense per month is $63,000. 5. If 76,000 pounds of raw materials are needed to meet production in August, how many pounds of raw materials should be purchased in July?
What is the economic importance of fish farming in Nepal?
Medeco sold goods for $100 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/10,n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?
Answer: $74.25
Explanation:
Sale price of goods = $100
Worth of returned goods = $25
Term of sale = 1/10, n/30
Price if customer pays within the discount period equals :
Term of sale: 1% discount on price if the amount owed is paid within 10 days, else full amount is due in 30 days.
Actual price of goods purchased :
Goods purchased - worth of return
$100 - $25 = $75
Discount on price = 1% of $75
(1/ 100) × $75
0.01 × $75 = $0.75
Amount customer should pay:
$75 - $0.75 = $74.25
Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
Learn more about the satisfaction of customers, here:
https://brainly.com/question/28387894
#SPJ2
What's the difference between a checking account and a savings account?
A. A checking account has fewer fees.
B. A savings account comes with a debit card.
C. A savings account earns interest.
D. A checking account comes with a credit card.
Answer:
D. A checking account comes with a credit card.
Explanation:
A checking account is opened to facilitate regular bank transactions such as deposits, withdraws, cash transfers, payments, among others. There are no limits to the number of transactions that one can perform per period. Bank's fee and charges are applicable per transaction. To facilitate payments, withdrawals, and deposits, banks provide debit cards to customers.
Savings accounts are designed to help customers accumulate funds for future use. Banks limit withdrawals and offer interest payments to encourage customers to save. Savings accounts have fewer charges and don't come with debit cards.
The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called ______.
The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.
What are visible artifacts?Visual artifacts is known to be a term that can be called artefacts.
They are said to be any form of anomalies apparent in course of visual depiction as seen in digital graphics and other kinds of imagery, mostly photography as well as microscopy.
Therefore, The components of an organization that can be seen and heard (such as office layout, dress, stories, and written material) are called Visible artifacts.
Learn more about Visible artifacts from
https://brainly.com/question/13982286
#SPJ1
Question 3 of 10
What type of information system would be used by upper level management
using both internal and external information?
O A. Decision support system
O B. Executive information system
O C. Transaction processing system
о D. Management information system
Top-level executives can plan and manage their workflow and make business choices with an organizational support system. Thus, option B is correct.
What is the Executive information system?A decision support system (D.S.S.) called an executive information system (E.I.S.) is used to help senior executives make decisions.
It accomplishes this by offering simple access to crucial information required for an organization to realize its strategic objectives. A user-friendly interface and graphical displays are typical features of an E.I.S.
Many businesses can use organizational information systems to track business performance and spot possibilities and issues.
The primary goal of E.I.S. (Executive Information Systems) is to give high-level management timely, accurate information to assist strategic tasks, including goal-setting, planning, forecasting, and performance monitoring.
Learn more about the Executive information system here:
https://brainly.com/question/28249454
#SPJ9
Question 2 of 10
Before taking the exam to receive CPA certification, a person must:
A. complete two years of professional education.
B. complete a one-to two-year supervised internship program.
C. gain two years of experience in financial management.
D. complete at least 120 credit hours of postsecondary education.
SUBMIT
what's the answer please
Before taking the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
What is a CPA certification?The CPA certification means the certified public accountant certification which is a designation given to those who meet education and experience requirements and pass an exam.
Hence, the requirement to take the exam to receive CPA certification, a person must complete at least 120 credit hours of postsecondary education.
Therefore, the Option D is correct.
Read more about CPA certification
brainly.com/question/20709652
#SPJ1
1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
Read more on loans here: https://brainly.com/question/26913200
#SPJ1
If the company uses Porter's cost leadership strategy, what should marketing and sales emphasize?A. The ability of the company's products to satisfy more than basic needsB. The prestige that the company's brand conveysC. The fact that the company's products are easily mass-producedD. The good value of the company's products
If the company uses Porter's cost leadership strategy, marketing and sales should emphasize the good value of the company's products.
The main objective of the cost leadership strategy is to offer products or services at a lower cost than competitors while maintaining an acceptable level of quality. This means that the company's products are priced lower than its competitors, which can be a major selling point for price-sensitive consumers.
Therefore, marketing and sales should highlight the affordability and cost-effectiveness of the company's products, as well as any additional features that differentiate the product from the competitors in the market. By emphasizing the good value of the company's products, the marketing and sales teams can attract customers who are looking for quality products at affordable prices, which can help the company to gain a competitive advantage and increase its market share.
For more such questions on Marketing & Sales
https://brainly.com/question/25754149
#SPJ4
If the charitable contributions of a firm are tied directly to the customer revenues produced through the promotion of one of its products, it is practicing ______.
can pottery be a job?? what would i major in for that…
Answer:
Yes, pottery can be a job. You would need a degree in ceramics to get a lasting job in pottery
Explanation:
Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
Learn more about the network relationships, refer to:
https://brainly.com/question/14743693
#SPJ2
How do oligopoly firms increase their sales?
If it works, this will increase market sales. A business may invest in advertising to raise the profile of its products and brand.
Describe AdvertisingThe process and methods used to promote a product or service are known as advertising. By highlighting a good or service, advertising attempts to catch consumers' attention. Despite the fact that there are numerous additional applications, commercial advertising is the most prevalent. It is typically employed to advertise a specific good or service.
Commercial advertising frequently aims to increase consumption of its products or services by "branding," or linking a product name or image with particular traits in consumers' thoughts.
To know more about Advertising, visit:
https://brainly.com/question/18311790
#SPJ4
A business would like to increase the overall demand for its newest product.
According to the law of demand, what should the business do?
A. Decrease the product's supply
B. Increase the product's price
c. Decrease the product's price
D. Increase the product's supply
If the demand for the new product increases so here the business prefers option c. Decrease the product's price
Information regarding the law of demand:The law of demand shows an inverse relationship between the price and the quantity demanded. If the price of one product is increased so the demand should decrease. And, if the price of the one product should be decreased so the demand should increase.
Find out more information about the law of demand here: https://brainly.com/question/1288364?referrer=searchResults
Answer:
B
Explanation:
the total amount of producer surplus in a market is equal to____
The total amount of producer surplus in a market is equal to the area above the supply curve and below the market price.
What is producer surplus? The difference between the market price and the minimum price required by producers to supply a given quantity is called producer surplus. In other words, producer surplus is the sum of the value of producer profits for each unit produced.
Producer surplus can be computed by calculating the difference between total revenue and total variable cost (TR-TVC). What is the formula for calculating producer surplus? Producer surplus is the difference between the total revenue (TR) and the total variable cost (TVC) of production. The formula for calculating producer surplus is as follows: PS = TR - TVCWhere: PS = Producer SurplusTR = Total RevenueTVC = Total Variable Cost.
What is the significance of producer surplus? Producer surplus serves as a significant economic indicator for manufacturers since it reflects the amount of revenue generated by selling goods at prices greater than the minimum price necessary for producers to supply a given quantity of goods. The greater the producer surplus, the greater the manufacturer's profits.
For more such questions on producer
brainly.com/question/17267471
#SPJ11
the production manager for the classic boat corporation must determine how many unitsof the classic 21 model to produce over the next four quarters. the company has a beginninginventory of 100 classic 21 boats, and demand for the four quarters is 2000 units inquarter 1, 4000 units in quarter 2, 3000 units in quarter 3, and 1500 units in quarter 4. thefirm has limited production capacity in each quarter. that is, up to 4000 units can be producedin quarter 1, 3000 units in quarter 2, 2000 units in quarter 3, and 4000 units in quarter4. each boat held in inventory in quarters 1 and 2 incurs an inventory holding cost of$250 per unit; the holding cost for quarters 3 and 4 is $300per unit. the production costsfor the first quarter are $10,000 per unit; these costs are expected to increase by 10% eachquarter because of increases in labor and material costs. management specified that theending inventory for quarter 4 must be at least 500 boats.
The company has a beginning inventory of 100 Classic 21 boats, and demand for the four quarters is 2000 units in quarter 1, 4000 units in quarter 2, 3000 units
What is demand?Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the number of things that consumers are prepared and willing to purchase at various prices within a specific time frame.
The average inventory level has been taken as (Beginning Inventory + Production + Ending Inventory) / 2. However, in some texts, one may find formulae like (Beginning Inventory + Ending Inventory) / 2. But the first formula becomes the production manager for the classic boat corporation must determine how many units of the classic 21 model to produce over the next four quarters
Therefore, The company has a beginning inventory of 100 Classic 21 boats, and the demand
Learn more about the demand here:
https://brainly.com/question/14456267
#SPJ1
When the demand for one business product is related to the demand for another business product used in combination with the first item, ______ occurs.
When the demand for one business product is related to the demand for another business product used in combination with the first item, complementarity occurs.
What is meant by complementary goods?An item that is utilized in conjunction with another good or service is said to be complimentary. The complementary good typically has little to no value when consumed by itself. Yet, it increases the overall worth of the bid when combined with another good or service.
Complementary products are those that are used together or are dependent on each other in some way.
Complementarity can have important implications for businesses, as it can affect pricing strategies, marketing efforts, and product development decisions. By understanding complementarity, businesses can identify opportunities to develop complementary products, bundle products together, or offer discounts or promotions to increase demand for complementary products.
Learn more about complementary goods here:
https://brainly.com/question/28145273
#SPJ1
how do cellphone companies promote their product?
Answer:
they promote there company by advertising the product making commercial
If you use your ATM card, you should write the transaction in your check register.
True or false
Answer:
true
Explanation:
Managing proactively instead of reactively is an example of which of the following?
Regrouping
A passive response
Better projection
Good macromanagement
Answer:
good macromanagement
Explanation:
Answer:
Good macromanagement
Explanation:
textbook
Jack is required to provide staff supervision in his role of
Manager. What type of performance is this an example?
The type of performance demonstrated by Jack in his role as a manager, where he provides staff supervision, is an example of managerial or supervisory performance.
Staff supervision involves overseeing and managing employees within an organization to ensure they are performing their roles effectively and meeting organizational goals. It includes tasks such as providing guidance, support, and feedback to employees, setting performance expectations, monitoring progress, and addressing any performance issues or concerns. Effective staff supervision promotes a positive work environment, enhances employee morale and productivity, and fosters professional growth and development. It requires strong communication, interpersonal, and leadership skills to build trust, motivate employees, and facilitate effective teamwork. Through regular interaction and monitoring, staff supervision helps maintain high-performance standards and contributes to the overall success of the organization.
Learn more about staff supervision here:
https://brainly.com/question/32266984
#SPJ11
Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000
greeting cards is $4000. The price of a greeting card is $4.
What is this firm's economic profit (or loss)?
Answer:
Nakawé, LLC produces and sells greeting cards in a competitive market. The total cost of producing 1000
greeting cards is $4000. The price of a greeting card is $4.
What is this firm's economic profit (or loss)?
Explanation:
or loss
Everyone fits into only one personality type,
A.True
B.False
PLSS HELP -->> societies make decisions about who gets the goods they produce by:
A. dividing goods based on the factors of production used to make them
B. determining whether a good has a high enough level of scarcity
C. considering whether the government should distribute the goods
D. differentiating between goods created using physical and human capital
Answer: C
Explanation: it’s c
Societies decide the distribution of goods being produced by considering if the government should take control of the same.
What is distribution of goods?The allocation of goods being produced in a society, which may or may not be under authority of a person, is known as distribution of goods.
Hence, option C holds true regarding the distribution of goods.
Learn more about distribution of goods here:
https://brainly.com/question/13037059
#SPJ2
Giving brainliest!!
Explain which method of production is the most likely to be capital intensive?
Answer:
Explanation:
Capital-intensive processes are those that require a relatively high level of capital investment compared to the labor cost. These processes are more likely to be highly automated and to be used to produce on a large scale. An industry that is capital intensive is – oil refining, manufacturing.
SECTION B
ANSWER ALL ITEMS IN THIS SECTION.
1. Fill in the blanks by classifying the following activities as primary, secondary or
tertiary production.
(Total 5 marks)
A
= Banking
В.
= Forestry
С.
Canning of fish
D.
= Doctor
Е.
Working as a lumberjack
of the 26,000 students who graduated with an m.d. or doctor of osteopathic medicine degree from u.s. medical schools in 2018, the average debt per student approximated $100,000. true
It is true that the average student debt in 2018 was almost $100,000 among the 26,000 students who received an M.D. or doctor of osteopathic medicine degree from a U.S. medical school.
If premedical undergraduate debt and other student loans are not included, the average debt for medical school is $202,450. The average graduate of a medical school owes a total of $250,990 in student loans.
Approximately 43 million borrowers are currently responsible for the $1.6 trillion-plus federal student loan portfolio. Here is a breakdown of that debt by loan type.
According to the office of Federal Student Aid, $1.62 trillion, or 93% of all student loan debt, is federal student loans. The remaining $131 billion (7%) is owed to private lenders, according to this Q3 2021 report from MeasureOne.
To know more about Student loan
https://brainly.com/question/24501576
#SPJ4
State any two merits of this form of public sector Enterprises.
Answer:
Obama had 7 candidates for the first time in a few weeks to get back to the police to get back to their head
All of the following are service providing industries except
Answer:
Manufacturing industry hope it helps.
Explanation: