What is famas target debt-equity ratio
Fama's Llamas has a WACC of 11.20 percent. The company's cost of equity is 15 percent, and its cost of debt is 8 percent. The tax rate is 35 percent. Required: What is Fama's target debt-equity ratio?
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Dec.31,2009 XCorp. had o/s 180,000 shares of c/s. Net Income for 2010 was $285,000. Outstanding options issued July 1,2010 to purchase 15,000 shares of c/s at $20.
Mikhail Chordan purchased a piece of gold furniture worth $278,000 for his office on October 15, 2012. Assuming (i) Mikhail has plenty of taxable income from his trade or business, (ii) he purchased no other assets in 2012
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Using a departmental allocation system with machine hours as the cost driver in Department A and direct labor hours as the cost driver in Department B, what is the allocation to Job 222 (round overhead rates to the nearest cent and your answer to
In January 2009, Solaris Co. pays $2,650,000 for a tract of land with two buildings on it. It plans to demolish Building 1 and build a new store in its place.
X Company estimates that 1,700 direct labor hours will be worked during the year, and machines will be operated for 63,000 hours during the year. If overhead is allocated on the basis of direct labor cost, what will the overhead rate be?
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