Answer:
Scenario 1 has WACC of 7.93%
Scenario 2 has WACC of 10.33%
Step-by-step explanation:
WACC=Ke*E/V+Kp*P/V+Kd(after tax)*D/V
Ke is the cost of equity =13%
Kp is the cost of preferred stock=10%
Kd(after tax) is the cost of debt of 8% adjusted for tax as below:
Kd(after tax )=Kd(before tax)*(1-t)
t is the tax rate of 30% or 0.3
Kd(after tax)=8%*(1-0.3)=5.60%
E is equity value,which is $1.8 million under scenario 1 and $3.8 under scenario 2
P is the value of preferred stock which is $1.2 million and $2.2 million respectively
D is the value of debt which is $5 million and $2 million
V=total value of capital structure=$8 million in both cases.
Scenario 1 WACC
WACC=13%*1.8/8+10%*1.2/8+5.6%*5/8=7.93%
Scenario 2 WACC
WACC=13%*3.8/8+10%*2.2/8+5.6%*2/8=10.33%
<span><u><em>First way:</em></u>
The easiest and simplest way is to <u>count by 1</u> starting from 82 till you reach 512.
<u>This will go as follows:</u>
82, 83, 84, 85, ........... , 510, 511, 512
<u><em>Second way:</em></u>
We can note that the two given numbers are even numbers. This means that the two numbers are divisible by 2.
Therefore, we can <u>count by 2</u> starting from 82 till we reach 512.
<u>This will go as follows:</u>
82, 84, 86, 88, ................... , 508, 510, 512
<u><em>Third way:</em></u>
We can note that the units digit in both numbers is the same (the digit is 2). This means that we can count from 82 till 512 by <u>adding 10 each time</u>.
<u>This will go as follows:</u>
82, 92, 102, 112, ......................, 492, 502, 512
Hope this helps :)</span>
Hello,
<span>We have that:
(4x+10)+(2x-1)=9x-15
</span>We solve the equation:
4x+10+2x-1=9x-15;
6x+9=9x-15;
6x-9x=-15-9;
-3x=-24;
3x=24;
<span>from which
</span>x=24:3=8
<span>Then:
DF=9x-15=(9</span>×8)-15=72-15=57
bye :-)
We have been given that a rectangular yard is fenced in using 319 feet of custom fence Your friends really like the fence and decide to fence in their yard using the same fence. Their yard is similar but has a scale factor of 8/5 times the size of yours.
We are asked to find the length of fence that your friends should purchase.
Since the size of your friend's yard is 
times your yard, so your friend should purchase times the 319 feet.
Upon rounding our answer to nearest foot, we will get:
Therefore, your friends should purchase 510 feet of fence and option C is the correct choice.
