Answer:
The difference between two WACC is 1.2%.
Explanation:
As we know that
WACC = Ke * Ve / (Ve + Vd (1-Tax)) + Kd * Vd*(1-tax) / (Ve + Vd*(1-Tax))
Using the Book Value Method:
WACC = 14% *$65 / ($65m + $45m (1-40%))
+ 6% *$45m*(1-.4) / ($65m + $45m (1-40%))
WACC = 10% + 1.8% = 11.8%
<u>Using the market value method:</u>
Market Value of Common Stock = Common Shares * Market value per share
Market Value of Common Stock = 10 million * $22.5 per share = $225m
WACC = 14% *$225 / ($225m + $50m (1-40%))
+ 6% *$50m*(1-.4) / ($225m + $50m (1-40%))
WACC = 12.35% + 0.7% = 13%
The difference between two WACC is 1.2%.
Answer: Nontariff barriers
Explanation:
Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.
The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.
Answer:
PLANNING
Explanation:
Planning is the management function and process of thinking about the activities required to achieve a desired goal.
It is the first and foremost activity to achieve desired organizational results.
It involves the creation and maintenance of a plan, such that if the plan is followed, organizations can achieve their goals
Planning is also a management process, concerned with goal definition for a company's future direction and determines the resources to achieve such goals. To achieve goals, managers may develop plans, such as a business plan, sales plan or a marketing plan
Direct labour rate variance = (3875) unfavourable, Direct labour efficiency rate = (800) unfavourable
<u>Explanation:</u>
<u>Computation of Direct Material Price & Quantity Variance
</u>
Direct Material Purchase - Price variance = (SP minus AP) multiply AQ Purchase ($1.45 minus $1.48) multiply19000 = ($570) Unfavourable
Direc Material Quantity Variance =(SQ-AQ)SP =
((20 multiply600)-10500) multiply$1.45 = $2,175 Favourable
Direct Material Price variance - (SP minus AP)AQ Used = ($1.45minus $1.48) multiply10500 = ($315) Unfavourable
<u>Computation of Direct Labour Rate & Efficiency Variance
</u>
Direct Labour Rate variance = (SR minus AR)multiply AH
= ($8 minus $9.25) multiply3100 = -3875 Un Favourable
Direct Labour Efficiency Variance (SH minus AH)multiply SR
= ((5 multiply 600) minus 3100)multiply8) = -800 Un Favourable