Answer:
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Explanation:
As the data of the employers is not given here, a similar question is found , for which the data is attached herewith.
Now the minimum wage per week for $8 an hour is given as
Minimum Wage=40*$8=$240.
The gross pay of Kenny with 50 new customers is given as
So the gross pay of Kenny is $750.
The gross pay of Charles with 35 new customers is given as
So the gross pay of Charles is $525.
The gross pay of Laurie with 52 new customers is given as
So the gross pay of Laurie is $780.
The gross pay of Hylis with 32 new customers is given as
So the gross pay of Hylis is $480.
As Laurie has the highest number of new customers, so she will receive a bonus of $75.
So the gross pay of Laurie is $780+$75=$855.
So the gross pays are given as
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Answer:
Option (B) 10.87%
Explanation:
Data provided in the question:
common stock outstanding = 30,000
Market price = $15.00
Issuing price of share = $31 per share
Total face value = $280,000
Selling price = 86% of par
Cost of equity, ke = 13%
After-tax cost of debt, kd = 6.9%
Beta = 1.48
Tax rate = 30%
Now,
Market value of debt, Md = Total face value × Selling price
= $280,000 × 86%
= $240,800
Market value of equity, Me = Stocks outstanding × Market price
= 30,000 × $15
= 450,000
Thus,
WACC = [ Kd × Md + Ke × Me ] ÷ ( Md + Me )
= [ 0.069 × $240,800 + 0.13 × $450,000 ] ÷ ( $240,800 + $450,000 )
= $75,115.20 ÷ $690,800
= 0.1087
or
= 0.1087 × 100%
= 10.87%
Option (B) 10.87%
Answer:
$21.859
Explanation:
According to the scenario, computation of the given data are as follow:-
Present Value = D0 × (1 + growth rate)^time ÷ (1 + Required Rate of Return)^time period
1st Year PV = $1 × (1 + 0.20)^1 ÷ (1+ 0.12)^1
= 1.20 ÷ 1.12
= 1.071
2nd Year PV = $1 × (1 + 0.20)^2 ÷ (1+ 0.12)^2
= $1 × (1.44) ÷ 1.254
= $1.148
3rd Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10) ÷ (1 + 0.12)^3
= $1 × (1.44) × (1.10) ÷ 1.405
= $1.127
4th Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10)^2 ÷ ( 1 +0.12)^4
= $1 × (1.44) × (1.21) ÷ 1.574
= $1.107
5th Year PV = $1 × (1 + 0.20)^2 × ( 1 +0.10)^3 ÷ (1 + 0.12)^5
= $1 × (1.44) × (1.331) ÷ 1.762
= $1.088
6th Year PV = $1 × (1 + 0.20)^2 × (1 + .10)^3 × (1.05) ÷ [(0.12 - 0.05) × (1+.12)^5]
= $1 × (1.44) × (1.331) × (1.05) ÷ (0.07) × (1.762)
= $2.012 ÷ 0.1233
= $16.318
Now
Share’s Current Value is
= $1.071 + $1.148 + $1.127 + $1.107 + $1.088 + $16.318
= $21.859
We simply applied the above formula
Answer:
The Sales and data of purchases is not given for April.As a result, only inventory gain/(loss) shown in workings
Explanation:
The working is attached for easy calculation and understanding.
Since Alex and Bailey are partners and they will be shutting down the partnership. the debts should be settled by both. they will have to sacrifice their personal assets in doing so
