Sen Corp., a publicly-traded, mid-cap company, wanted to obtain $30 million in new capital to expand its Iowa plant. Cost of capital was a factor in making the decision. Sen Corp. could either issue new preferred stock or new debentures. Sen Corp.'s underwriter estimated that preferred stock should have an annual dividend payout of $6 and an issue price of $103 per share. The debentures should have a coupon interest rate of 9% and an issue price of $101. Sen Corp.'s marginal income tax rate was 40%.
Required:
What approaches describes Sen Corp.'s best strategy?
Based on the information given, the approach that describes the strategy that was used by the company is that Sen Corp. should issue the debentures since the after-tax cost of debt (5.347%) would be less than the cost of equity (5.825%).
A debenture simply refers to the rule of bond that's unsecured by collateral. Debentures typically rely on the reputation of the issuer.
From the complete information, the company wants to obtain $30 million in new capital to expand its plant. Therefore, it's appropriate to issue the debentures since issue the cost of equity is more than the after-tax cost of debt.
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Please help this is the final.
Identify a minimum of two ways companies compete for your money. In a minimum of five sentences each, explain in what way each of those tactics has been proven to be successful.
Answer:
here's your answer below
Explanation:
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Answer:
They compete by giving better bundels or lowering prices.
Explanation:
They do that because people usually want a better price so if their the same thing then someone would want to go to a store with cheaper options.
northern city bank keeps no excess reserves. assume northern city bank receives a deposit of $50 million dollars. as a result of the deposit, northern city bank’s required reserves increase by $10 million. what is the maximum possible change in the money supply in the banking system that could result from the $50 million deposit?
The maximum possible change in the money supply is $250 million.
The change in required reserves when an amount of money is deposited in a bank is determined by the reserve requirement.
Reserve requirement = increase in required reserves / amount deposited
$10 million / $50 million = 0.20 = 20%
The change in money supply can be determined using this formula:
Amount deposited / reserve requirement
$50 million / 20%
$50 million / 0.2 = $250 million
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what is the difference between earned income, passive income, and investment income?
Explanation:
Earned income consists of income you earn while you are working a full-time job or running a business.
Passive income is income earned from rents, royalties, and stakes in limited partnerships.
Portfolio income is income from dividends, interest, and capital gains from stock sales.
A customer buys 17. 01 in gas and requests one five dollar [$5] lottery ticket, two one dollar [$1] lottery tickets, and one [$3] lottery ticket. He gives you two winning tickets to be redeemed: one for ($5) and the other for ($2). How much change would he receive from a $100 bill?.
The customer will receive $79.99 as change in exchange for a $100 note the person gave to the shop owner. The amount is derived as a result of a series of transactions carried out by the customer.
The customer did multiple transactions during the course of the visit to the shop. The customer's transactions also involve buying stuff as well as redeeming the coupon codes won by the customer.
Currency Exchange The customer is given to have purchased gas amounting to $17.01, after which the customer has bought lottery tickets of different denominations. The customer purchased tickets worth $10. After the purchase of lottery tickets, the customer displayed and produced the previous lottery tickets for redemptions, as he had won the lotteries on both the tickets worth $7.The change received by the customer can be calculated with the help of using the following formula, where the customer gave $100 note to the shopkeeper. [tex]\rm Change\ Received= Money\ Given- (Purchase\ of\ Gas+ Purchase\ of\ Lottery\ Tickets- Redemption\ of\ Lottery\ Tickets)[/tex]Now putting the values in the formula, we get,[tex]\rm Change\ Received= 100- (17.01+5+1+1+3-2-5)\\\\\\\\\rm Change\ Received= \$100- \$20.1\\\\\\\\\rm Change\ Received= \$79.99[/tex]So we have concluded that the customer will receive $79.99 as change. Hence, the correct amount of change received by the customer for the period is $79.99.
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Many production employees began to talk among themselves about whether they wanted to transfer to a new production facility in a neighboring town. What type of communication is thi
The type of communication in this context is referred to as Lateral
communication
Lateral communication is the exchange of information between people
who are in similar hierarchy in an organization or gathering.
In this scenario, we were told production employees talked about if it was
needed to move the facility to a new location which is a good example of
Lateral communication as they are of the same level.
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The rate at which a business increases revenue from sales is
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
What does it mean when the feds lower interest rates?
Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.
Felice bought a duplex apartment at a cost of $165,000. Her mortgage payments on the property are $1,520 per month $666 of which can be deducted from her income taxes. Her real estate taxes total $1752 per year, and insurance costs $1464 per year. She estimates that she will spend $1230 each year per apartment for maintenance, replacing appliances, and other.costs. The tenants will pay for all Utilities What must she charge to more $2550 in profit each year? (Do not round intermediate calculations. Round your answer to 2 decimal places. Ignore any tax effects.)
Rant per paiment ________________.
The Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.
Data and Calculations:
Cost of a Duplex Apartment = $165,000
Monthly mortgage payments = $1,520
Deductible mortgage payment = $666
Annual Real Estate Taxes = $1,752
Annual Insurance costs = $1,464
Annual Maintenance costs = $1,230
Annual profit expected = $2,550
Rent to charge = PITI + Profit
= $8,516 ($1,520 - $1,752 - $1,464 - $1,230 + $2,550)
Thus, the Rent per apartment Felice should charge is the PITI plus expected profit, (where PITI is principal, interest, taxes, and insurance) which is $8,516.
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How are NAFTA, the EU, and ASEAN similar
Answer:
Each decreases trade barriers among neighboring nations.
Explanation:
What is the purpose of long-term disability insurance?
To provide financial support if not working.
What is the purpose of advertising?
To make people want the things they do not have.
To expand the marketplace to a wider audience.
To explain to people the cost and risks of owning products.
To allow people to make choices about what is available.
It should be noted that the purpose of advertising is to expand the marketplace to a wider audience.
Advertising can be regarded as marketing strategy that is been utilized by organization and firms to promote their products and services.
It involves using media and other means to make the public aware about the products or services.
We can conclude that advertising is done on the purpose of making marketplace to a wider audience so that more people can patronize.
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Answer: To make people want the things they do not have.
Explanation:
The purpose of advertising is to make people want things they don’t have
as susie left for work, she said "goodbye" to her husband and slammed the door. the loud sound of the door made her husband flinch. after many mornings of hearing "goodbye" followed by a door slam, her husband flinches when he hears her say "goodbye." in this scenario, hearing the word "goodbye" is the
In this scenario, hearing the word "goodbye" is the: conditioned stimulus.
Classical conditioning can be defined as a learning process through which two (2) stimuli are paired together repeatedly. Thus, it is a learning process which typically involves pairing two (2) stimuli, so as to help an individual anticipate an event that he or she has a reaction for.
In classical conditioning, the two (2) stimuli that are paired repeatedly include the following:
Unconditioned stimulusConditioned stimulusA conditioned stimulus refers to a neutral stimulus that eventually triggers a conditioned response, after it is repeatedly paired (associated) with the unconditioned stimulus.
In this example, hearing the word "goodbye" is the conditioned stimulus because it made Susie's husband to elicit a response, which is flinching.
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like hitler and mussolini, stalin was a totalitarian leader, even though his economic approach was different from germany and italy.
Answer:
yes this is true, although many of them had the same goal of conquering and taking resources from others all three went a different way of achieving this goal, mainly hitler and mussolini went about destroying everyone in sight and taking their lands and resources stalin built an iron wall around his home so that no one could get in or out, he did also conqueror a few areas but not as much as the other two.
Explanation:
A thrifty shopper wants to purchase a new phone that is made with quality parts. What factors should they consider?
High quality phones contain rare earth metals that are a less scarce resource and cost less to the consumer.
High quality phones contain rare earth metals that are a less scarce resource and cost more to the consumer.
High quality phones contain rare earth metals that are a more scarce resource and cost more to the consumer.
High quality phones contain rare earth metals that are a more scarce resource and cost less to the consumer.
People have different kinds of preference. The factor that should they consider is High quality phones contain are earth metals that are a more scarce resource and cost more to the consumer.
There are some traces of Rare earth metals in different quantities found in smartphones. They includes; Neodymium, dysprosium, praseodymium, terbium, etc., which are found inside displays and other electronic parts of smartphones.These rare earth metals used in high quality smartphones is known to give a striking beautiful colors such as green, blue, etc., due to their luminescent property. They are known to also make smart-phones vibrate amidst other functions.
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Answer:
C
Explanation:
PLS ANSWER QUICK!!! Which law prohibits discrimination against federal government employees with disabilities?
A. The Civil Rights Act of 1991
B. The Equal Pay Act of 1963
C. The Fair Labor Standards Act
D. The Rehabilitation Act of 1973
The law that prohibits discrimination against federal government employees with disabilities is:D. The Rehabilitation Act of 1973.
What is e Rehabilitation Act of 1973?The Rehabilitation Act of 1973 is a federal law that prohibits discrimination against individuals with disabilities in programs or activities conducted by federal agencies, as well as by employers that receive federal financial assistance. The law also requires federal agencies to take affirmative action to employ and advance individuals with disabilities, and to provide reasonable accommodations to enable them to perform their job duties.
Therefore, this law specifically prohibits discrimination against federal government employees with disabilities, and ensures that they are afforded equal employment opportunities and protections under the law.
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#SPJ1
the narrowest official definition of the money supply is
how to calculate how much taxes come out of paycheck
By 2030, what will Elon Musk's, net worth will be?
Which of the following is used by a seller to deceive a buyer? a. Bait and switch b. Contest c. Display d. Introductory offer Please select the best answer from the choices provided A B C D.
That which is used by a seller to deceive a buyer is: a. Bait and switch
Bait and switch is a tactic that is used by entrepreneurs to attract customers. They tell them to purchase a good at a low price.
However, when they come to buy, they are encouraged to buy a good that costs more.
So, in this way, the bait and switch tactics is used by sellers to deceive the buyers.
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Answer:
A. Bait and Switch
Explanation:
edge 2022
A real estate professional leased a building for 10 years at an annual rent of $48,000. She will receive a commission of 7.5% for the first five years, 5% for the next three years, and 3.5% for the final two years. What will her gross income be from this commission over the life of the lease
Her gross income from this commission over the life of the lease is $28,560.
Commission for the first five years
Commission=5×(48,000× .075)
Commission=5×3600
Commission=$18,000
Commission for the next three years
Commission=3×(48,000 ×.05)
Commission=3×2,400
Commission=$7,200
Commission for the final two years
Commission=2×(48,000 ×.035)
Commission=2×1,680
Commission=$3,360
Gross income commission:
Gross income commission=$18,000+$7,200+$3,360
Gross income commission=$28,560
Inconclusion her gross income from this commission over the life of the lease is $28,560.
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Revenues and expenses arising from activities that are not part of the company's operations are classified as ______ revenues and expenses.
Answer:
Nonoperating
Explanation:
The activities through which revenue and expenses occur which do not take part in the operations of business is consider as nonoperating.
when accounting profits are negative, economic profits
Answer:
will be negative is the answer to this question
Explanation:
Accounting profits take into account only implicit costs while economic profit takes both implicit as well as explicit costs and if accounting profits are negative with only implicit costs, economic profit will be more negative as more amount of costs are subtracted from it.
Which group is the primary source of financial support that benefits all wildlife species?
The group that is the primary source of the financial support needed for wildlife species is Hunters.
The main source of the financial support that the nation uses to fund wildlife conservation efforts to protect various wildlife species is hunting licenses.
Hunting licenses are issued to hunters so in effect, hunters are the chief financiers for conservation efforts. This is quite peculiar and one could say that it balances out the killing of animals by hunters.
In conclusion, the answer is hunters.
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The new-product development process is:
a. a formalized protocol for new-product development that begins at the corporate level and ends at the functional level.
b. the informal process of brainstorming to generate new-product concepts at a marketing staff meeting.
c. the process of presenting cross-functional teams with a written new-product concept statement and asking them to respond to it in writing.
d. the two stages an organization goes through from idea generation to commercialization.
e. the seven stages an organization goes through to identify business opportunities and convert them into salable products or services.
jorDANTHE GOD HOW ARE U
Answer:
uhm- hi
Explanation:
thxs for the points....
Which finger should you use to type the space bar?
Index finger
Pinkie finger
Ring finger
Thumb
Answer:
thumb should be used to press space bar.
Answer:
Thumb
Explanation:
Your thumbs should rest on the space bar in order to type properly. Therefore, you use your thumbs to type a space.
Each student ticket for an art museum costs $12. 50. The total cost for student tickets, t, varies directly as the number of tickets, s, purchased. Write an equation that models the proportional relationship between t and s.
The equation for the computation of the total cost for students tickets is [tex]t=\$12.5 \times s[/tex]
The total cost is referred to as the expense that is done to acquire any of the material or the thing from the market. This is the cost that is incurred by the consumer as well as the manufacturers.
The computation of the total cost:
[tex]\begin{aligned}\text{Total Cost}&= \text{Price of Per Unit} \times \text{No. of Persons}\\ t& =\$12.50 \times s\end{aligned}[/tex]
where t = Total Cost
s = Number of Persons.
Therefore, the correct equation formed is [tex]t=\$12.5 \times s[/tex]
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what did antonie van leeuwenhoek call his discovery
Answer:
Antonie Van Leeuwenhoek called his discovery "wee animalcules"
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Austin is starting his first job at the local bowling alley. What can Austin do to make a good first impression on his first day of work?
Arrive to work late.
Be kind to customers.
Criticize his co-workers.
Invite his friends to visit him at work.
Answer:
Be kind to customers
Explanation:
Be kind to customers because when a customer is well treated the customer will intend to come often