Answer:Earned, owned
Explanation: A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others.
In today's marketplace teeming with thousands of products and services, all of which are being rapidly commoditized, a brand stands out from the clutter and attracts attention.
A brand name can create and stand for loyalty, trust, faith, premium ness or mass-market appeal, depending on how the brand is marketed, advertised and promoted.
A brand differentiates a product from similar other products and enables it to charge a higher premium, in return for a clear identity and greater faith in its function.
Answer:
The WACC is 10.93%
Explanation:
The WACC or weighted average cost of capital is the cost of a firm's capital structure. The capital stricture may be formed of the following components namely debt, preferred stock and common stock. The WACC assigns the weights to each of these components based on the finance provided by each of the above components as a proportion of total capital structure or total assets.
The WACC is calculated by taking the market value of each component. The formula for WACC is as follows,
WACC = wD * rD * (1-tax rate) + wP * rP + wE * rE
Where,
- w represents the weight of each component
- r represents the cost of each component
- D, P and E represents debt, preferred stock and Common stock respectively.
- We take after tax cost of debt. So we multiply rD with (1-tax rate)
Debt = 377000 * 106.5% = $401505
Preferred stock = 6850 * 90.50 = $619925
Common stock = 27500 * 70 = $1925000
Total assets = 401505 + 619925 + 1925000 = $2946430
WACC = 401505/2946430 * 7.81% * (1-0.35) + 619925/2946430 * 6.9% +
1925000/2946430 * 13.45%
WACC = 0.1093 or 10.93%
Answer:
19.05%
Explanation:
the approximate yield to maturity (YTM) formula is:
approximate YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]
- C = coupon payment = $130
- FV = face value or value at maturity = $1,000
- PV = present value or current market value = $690
- n = 10 years
approximate YTM = {$130 + [($1,000 - $690) / 10]} / [($1,000 + $690) / 2] = ($130 + $31) / $845 = $161 / $845 = 0.1905 or 19.05%
Answer:
Warranty repair Expense (Dr.) $200
Warranty Payable (Dr.) $200
Explanation:
The warranty expense is the estimate of probable expense that will incur due to fault in the product. The estimated repair is the 4% of skates sold. If 500 pairs of skates are sold then out of them 4% will require repair. The repair for the faulty skates will cost $10. The total cost will be $200,
500 pairs of skates * 4% * $10
Answer:
Total cash disbursement= $40,210
Explanation:
Giving the following information:
The sales budget shows 2,700 units are planned to be sold in March. The variable selling and administrative expense are $3.20 per unit.
The budgeted fixed selling and administrative expense are $35,770 per month, which includes depreciation of $4,200 per month.
Th<u>e depreciation expense is not a cash disbursement. </u>
Total cash disbursement= total variable cost + total fixed cost
Total cash disbursement= 2,700*3.2 + (35,770 - 4,200)
Total cash disbursement= $40,210