New Horizon Inc. is considering investing in a new project. New Horizon feels that its optimal capital structure is composed of 60% equity (common stocks), and 30% long-term debt. The cost of equity (common stocks) is 14%, while debt is 6% respectively. Assume corporate tax rate of 21%. Required:
What is New Horizon's weighted average cost of new capital (WACC)?

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?

Ricardo conducts a survey to learn where consumers get information for buying used cars. this is an example of

In command economy, who makes production decisions? a. workers b. producers c. consumers d. the government