Rosemont tennis is planning for the coming year. investors would like to earn a 13% return on the company’s $23245058 million of assets. the company primarily incurs fixed costs to maintain the tennis courts. fixed costs are projected to be $10755370 for the year. about 500,000 court time hours are expected to be played each year. variable costs are about $5 per hour of court time. the rosemont country club and tennis courts has a favorable reputation in the area and therefore, has some control over the price per hour of court time. using a cost-plus approach, what price should rosemont tennis charge for an hour of court time?
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Business, 22.06.2019 17:40
Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc
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Business, 22.06.2019 20:40
Which one of the following statements is correct? process costing systems use periodic inventory systems. process costing systems assign costs to departments or processes for a time period. companies that produce many different products or services are more likely to use process costing systems. production is continuous when a job-order costing is used to ensure that adequate quantities are on hand.
Answers: 2
Business, 22.06.2019 21:20
In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources.b. (ii) determine how much of each good gets produced.c. (iii) can be used to predict the impact on the economy of various events and policies.d. all of (i), (ii), and (iii) are correct.
Answers: 3
Rosemont tennis is planning for the coming year. investors would like to earn a 13% return on the co...
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