Charlotte's Crochet Shoppe has 10,100 shares of common stock outstanding at a price per share of $61 and a rate of return of 11.05 percent. The company also has 300 bonds outstanding, with a par value of $1,000 per bond. The pretax cost of debt is 5.85 percent and the bonds sell for 93 percent of par. What is the firm's WACC if the tax rate is 34 percent

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Rats that received electric shocks were unlikely to develop ulcers if the