Business, 17.12.2019 03:31 mzrereday3151

Western electric has 34,500 shares of common stock outstanding at a price per share of $84 and a rate of return of 12.75 percent. the firm has 7,550 shares of 8.30 percent preferred stock outstanding at a price of $97.50 per share. the preferred stock has a par value of $100. the outstanding debt has a total face value of $419,000 and currently sells for 113.5 percent of face. the yield to maturity on the debt is 8.23 percent. what is the firm's weighted average cost of capital if the tax rate is 35 percent?

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 19:30

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

Answers: 2

Answer

Business, 21.06.2019 22:30

Chip wilson has hired goldman sachs, an investment banking company, to assist him with a hostile takeover of lululemon. wilson's goal is to hire a new board of directors because he believes there is a need for a more long-term focus. goldman sachs is a proven firm at making a profit in every move that they make. if the hostile takeover does not pan out, what could be another motive for investors?

Answers: 1

Answer

Business, 22.06.2019 19:30

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31

Answers: 2

Answer

Business, 22.06.2019 20:00

Which motion below could be made so that the chair would be called on to enforce a violated rule?

Answers: 2

Answer

You know the right answer?

Western electric has 34,500 shares of common stock outstanding at a price per share of $84 and a rat...

Questions