can get D/E=59.3%, E=D/59.3% D/V=D/(D+E)=D/(D/59.3%+D)=0.3722 E/V=1-0.3722=0.6278 For EMRP, Midland’s beta was 1.25, and they used an equity market risk premium of 5%. Determining the Re=Rf+beta*(EMRP)=4.98%+1.25*5%=11.23% Re=Rua+D/E(1-Tc)(Rua-Rd) 0.1123=Rua+59.3%*(1-40%)*(Rua-6.6%) Rua=0.1001495 From table 1, we can get D/V=0.422 E/V=1-0.422=0.578
Words: 591 - Pages: 3
proximity reader and integrate with an existing security camera system. The cameras are designed to face and rotate to record a person as they use their identification card to unlock the door. Project Title: Install Access Control System in Hall of TC CARRINGTON dormitory Project Justification: To increase the security and integrity of dormitory access at Southern Maryland Community College, one dormitory has been set up as a test site for the newly access control system (ACS). According to Germain
Words: 523 - Pages: 3
Tax Research Assignment #1 Facts Ima Nurse is a registered nurse who has been working as a Medicare reimbursement specialist at a hospital since 2008. She has enrolled in an MBA program for two reasons: 1) to increase her financial knowledge and skills needed in her current position and 2) to increase her managerial skills in order to enhance her prospects of eventually obtaining her supervisor’s position. An MBA degree is not a specific requirement for the supervisory position. During 2011, she
Words: 1775 - Pages: 8
FACULTY OF BUSINESS AND MANAGEMENT MATHEMATICS FOR MANAGEMENT Question 1: A) 7 A + 10 B = 73 4 53 3 15 2 4 + 101 5 40 1 33 2 2 = 10 35 4221 21 735 14 28 + 10 50 400 10 3030 20 20 = 24 85 8221 31 3765 34 48 B) I. Matrix inverse method: 2x1 + 3x2 + 4x3 = 29 X1 + x2 + 2x3 = 13 3x1 + 2x2 + x3 = 16 1) Matrix form ,A: A =211 312 413121 122 223331 232 133 XX1 X2 X3 b291316 Ax = b ; x = A-1b A-1 =1A - A djoint
Words: 1468 - Pages: 6
following table: Units of Output (Q) | TFC | TVC | TC | AFC | AVC | AC | MC | 0 | 100 | 0 | 100 | N/A | N/A | N/A | 5 | 10 | 100 | 50 | 150 | 10 | 5 | 15 | 3 | 20 | 100 | 80 | 180 | 5 | 4 | 9 | 2.3 | 30 | 100 | 103 | 203 | 3.33 | 3.43 | 6.76 | 1.7 | 40 | 100 | 120 | 220 | 2.5 | 3 | 5.5 | 3 | 50 | 100 | 150 | 250 | 2 | 3 | 5 | 5 | 60 | 100 | 200 | 300 | 1.67 | 3.33 | 5 | 15 | 70 | 100 | 350 | 450 | 1.43 | 5 | 6.43 | | TC = TFC + TVC TC0 = 100 + 0 = 100 TC10 =
Words: 349 - Pages: 2
capital sources, including common stock, preferred stock, bonds and any other long-term debt. WACC = * Re + * Rd * (1 – Tc) Where: Re = cost of equity Rd = cost of debt E = market value of the firm’s equity D = market value of the firm’s debt V = E + D E/V = percentage of financing that is equity D/V = percentage of financing that is debt Tc = corporate tax rate 3. Interest is tax-deductible: bank loan 8*(1-,35)=5,2% ok 4. Rate of return preferred share
Words: 368 - Pages: 2
RESEARCH ON THE TRENDS IN DRUG ABUSE AND EFFECTIVE MEASURES FOR THE TREATMENT OF THE DRUG ABUSERS IN ASIAN COUNTRIES AN ANALYSIS OF INNOVATIVE MEASURES FOR THE TREATMENT OF DRUG ABUSERS PREFACE Crimes related to drug abuse and the illegal manufacturing and trafficking of drugs are serious problems for virtually every country. The abuse of drugs has an adverse impact, not only on the individual abuser, but also on the economy and society of a country as a whole. Drug use and the problems that
Words: 122547 - Pages: 491
University of Phoenix Material Appendix A: Human Resource Risk Using the Internet, research several different HR risk management seminars. Cite at least five different seminars (these may be presented by the same company). Identify the HR risk(s) the seminar features. Create at least three questions per risk factor you would like the seminar to answer. |Seminar Title |Risk Factor(s) |Question 1 |Question 2
Words: 457 - Pages: 2
Why should we hedge? Business is exposed to several risks, currency risk being one of them Objective of hedging is to ensure: Predictability in Income Statement thereby reducing cash flow volatility. Revenue is generated & receivables are collected at budgeted rates Maintaining margins on long term projects as these projects are priced & bid with an exchange rate assumption, which needs to be protected to ensure desired margins Managing the
Words: 3106 - Pages: 13
CASE STUDY ANALYSIS A-CHAPTER 5 (by Yagmur Pekoz) Question 1: Explain fully how auto manufacturers should choose among substitutable inputs and production processes. Discuss in detail and apply the related concepts. Answer 1: Both the demand and the unit price for steel have increased in recent years. Unfortunately, auto manufacturers use large quantity of steel in their production process. In order to compensate for the adverse effect of increased unit price of steel, auto manufacturers changed
Words: 3167 - Pages: 13