Dinklage corp. has 5 million shares of common stock outstanding. the current share price is $77, and the book value per share is $8. the company also has two bond issues outstanding. the first bond issue has a face value of $110 million, a coupon rate of 6 percent, and sells for 94 percent of par. the second issue has a face value of $95 million, a coupon rate of 5 percent, and sells for 106 percent of par. the first issue matures in 20 years, the second in 9 years. suppose the most recent dividend was $4.65 and the dividend growth rate is 5.2 percent. assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. both bonds make semiannual payments. the tax rate is 23 percent. what is the company’s wacc? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Answers: 1
Business, 21.06.2019 21:40, icemaniac
Tandard product costs deerfield company manufactures product m in its factory. production of m requires 2 pounds of material p, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. the variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. what is the standard product cost for product m? direct material answer direct labor answer variable overhead answer fixed overhead answer standard product cost per unit answer
Answers: 1
Business, 22.06.2019 12:10, montgomerykarloxc24x
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
Dinklage corp. has 5 million shares of common stock outstanding. the current share price is $77, and...
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