subject
Business, 25.01.2021 20:30 nimclean

g A department store chain has 15,100 shares of common stock outstanding at a price per share of $75 and a rate of return of 14%. The company also has 400 bonds outstanding, with a par value of $1,500 per bond. The pretax cost of debt is 6.5% and the bonds sell for 98.2% of par. What is the firm's WACC if the tax rate is 29%

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:50
Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points
Answers: 2
question
Business, 22.06.2019 12:10
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
question
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
question
Business, 22.06.2019 22:30
Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
Answers: 1
You know the right answer?
g A department store chain has 15,100 shares of common stock outstanding at a price per share of $75...
Questions
question
Social Studies, 13.11.2020 14:00
question
Computers and Technology, 13.11.2020 14:00
question
English, 13.11.2020 14:00
question
Mathematics, 13.11.2020 14:00
question
Computers and Technology, 13.11.2020 14:00
Questions on the website: 13722362