<span>Net Income After Tax = Net Income Before Tax - Tax
Net Income Before Tax = 170,000-75,500-10,200+(16,500*0.0725)=85,496.25
Tax = 0.35*Net Income Before Tax=0.35*85,496.25= 29,923.69
Net Income After Tax = 85,496.25- 29,923.69 = 55,572.56</span>
Answer:
TurnBull's Weighted Average cost of capital is higher by 1.07% if the used common Equity to raised the capital.
Explanation:
First, using the WACC formula and using Retained earnings cost of Capital. we get the following outcome.
WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital
WACC = 45% x 8.33% + 4% x 12.20% + 51% x 14.70% =
WACC = 3.75% + 0.49% + 7.50% = 11.73%
Second, using the WACC formula and using common equity cost of Capital. we get the following outcome.
WACC = Debt W x after tax cost of Debt + Preferred Stock weight x Cost of capital + Equity W x Cost of Capital
WACC = 45% x 8.33% + 4% x 12.20% + 51% x 16.80% =
WACC = 3.75% + 0.49% + 8.57% = 12.80%
Increase Cost using common equity over Retained earnings is (12.80% - 11.73% ) = 1.07%
I am really not sure but i will be honest with you i would have to say yes he will make it but if he don't he could always ask for a raise to make his goal
Answer:
$150,150
Explanation:
Total fair value of all assets:
= Land + Building + Paddleboats
= $67,200 + $158,400 + $254,400
= $480,000
Building accounted for:
= Fair value of building ÷ Total fair value
= $158,400 ÷ $480,000
= 33%
Therefore, the building is 33% of the total fair value of assets.
Cost of acquisition of assets:
= Amount paid + Closing cost to buy out a competitor
= 450,000 + 5,000
= $455,000
Cost to be allocated to the building:
= Cost of acquisition of assets × Percent share in total fair value
= $455,000 × 33%
= $150,150
Answer:
b. a branding strategy in which a company uses one name for all of its products in a product class.
Explanation:
Multi-product branding is a branding strategy in which a company uses one name for all of its products in a product class.
Multi-product branding is a business strategy widely used by manufacturers, it involves producing and selling multiple products using the same brand name for all.
For instance, Pears may have Pears diapers, clothing lines, lipstick ranges, shoes, body lotions, eye shadow, foundation etc. They are all different products manufactured and all branded as Pears.
The merits and advantages of Multi-product branding is high brand awareness, low promotional and advertising costs, and brand equity return.