Given the following information for Lightning Power Co., find the WACC. Assume the company’s tax rate is 35%. Debt: 8,000 6.5% coupon bonds outstanding, $1,000 par value, 25 years to maturity, selling for 106% of par. The bonds make semi-annual payments Common Stock: 310,000 shares outstanding, selling for $57 per share; the beta is 1.05 Preferred Stock: 15,000 shares outstanding with a dividend of $4 each, currently selling for $72 per share 7% market risk premium and 4.5% risk free rate.

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

What is the purpose of the us international trade association?