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NEW QUESTION: 1
The Global Advertising Company had net income after interest but before taxes of $40,000 this year. The marginal tax rate is 40 percent, and the dividend payout ratio is 30 percent. The company can raise debt at a 12 percent interest rate. The last dividend paid by Global was $0.90. Global's common stock is selling for
$8.59 per share, and its expected growth rate in earnings and dividends is 5 percent. If Global issues new common stock, the flotation cost incurred will be 10 percent. Global plans to finance all capital expenditures with 30 percent debt and 70 percent equity. What is Global's cost of retained earnings?
A. 9.66%
B. 10.33%
C. 16.00%
D. 17.22%
E. 12.22%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
k(s) (component cost of retained earnings) = $.945/$8.59 + 0.05 = 0.1600 = 16.00%.
NEW QUESTION: 2
機会が50,000米ドルのUCでは、マネージャーは次の段階に進む前に承認する必要があります。 2つの地域に2人のマネージャーがいます。適切なマネージャーが機会を承認した場合、管理者は何をすべきですか？
A. 機会にルックアップフィールドを作成して、ユーザーのマネージャーの詳細を取得します
B. 機会にマネージャーを自動入力するための割り当てルールを作成します
C. 2人のマネージャーへの承認送信
D. 1人のマネージャーに承認を送信し、彼が承認でないかどうかを確認し、もう1人のマネージャーに送信します
Answer: A
NEW QUESTION: 3
For each of the following statements, select Yes if the statement is true. Otherwise, select No. NOTE: Each correct selection is worth one point.
Answer:
Explanation:
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