A firm’s current balance sheet is as follows: Assets $100 Debt $10 Equity $90 What is the firm’s weighted-average cost of capital at various combinations of debt and equity; given the following information? Show work Debt/Assets After-Tax Cost of Debt Cost of Equity Cost of Capital 0% 8% 12% ? 10% 8% 12% ? 20% 8% 12% ? 30% 8% 13% ? 40% 9% 14% ? 50% 10% 15% ? 60% 12% 16% ? WACC = W d * K d + W e * K e Debt/Assets
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11-6 a. Briefly describe three strategies for testing internal controls when information technology is used for significant accounting processing. The three strategies for testing internal controls would first be to assess a control risk based on user controls. This can be done by comparing computer-generated output with the source documents that can support the transactions. The second strategy would be by planning for a low control risk assessment based on application controls. This means
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Effect of Unethical Behavior Article Analysis Terra Postelle ACC/291 January 08‚ 2013 Bennie Clark Effect of Unethical Behavior Article Analysis The effects of the Sarbanes-Oxley Act of 2002 on financial statements are general guidelines as to how the information is gathered‚ calculated and presented to clients while enforcing their accuracy and legitimacy. Companies such as Enron‚ Tyco‚ Global Crossing‚ and WorldCom are just a few examples of corrupt business cultures‚ practices‚ and greed
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Cost of Capital Jenny Lopez-Guerrero‚ Malika Hobheidar‚ Phyllis Hebert and Sierra Harkness FIN571 February 23‚ 2015 William Stokes Cost of Capital In the Wiley plus simulation (2012)‚ we are introduced to Pfizer‚ the world ’s largest research-based pharmaceutical company‚ Pfizer develops their own pharmaceutical products. Ahmed Singh‚ a consultant accountant who works for the Pfizer Treasury Department‚ explains that his role in the company is "to think and plan
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Introduction/Lab Description This lab is meant as an introduction to properly instructing individual stretches. (40 points) Objectives 1. Identify the joint movements and muscles being stretched during a variety of stretches. 2. Describe and demonstrate proper technique (e.g. range of motion‚ body positioning‚) for a variety of generally safe and effective stretches to enhance flexibility. 3. Demonstrate the ability to teach common stretches using proper directions‚ cueing‚ and
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Common Law Contracts and the UCC Article 2 Wk 5 Reflection Erick Kopczick‚ Seth Simmons‚ Karl Svanberg Law/421 December 22‚ 2014 Charles deWitt Common Law Contracts and the UCC Article 2 Wk 5 Reflection There are some similarities when it comes to UCC and Common Law contracts. But UCC is for goods and tangible items whereas Common Law Contract is for the intangible items like services. UCC is use to eliminate the technical requirements of contract law. UCC relies on the merchants acting on good
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DEMONSTRATING KNOWLEDGE OF PROGRAMME PLANNING IN AN EARLY CHILDHOOD EDUCATION SETTING UNIT STANDARD: 9314 Programme planning is a vital part in an early childhood education service to provide quality education and care for the children. Throughout my essay I will be describing the purpose of programme planning in an early childhood education setting which will include the examples of how programme planning can be used and the components of programme planning and how they are related to Te Whaariki
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Statement of Purpose Master’s programme in electronics and communication engineering I wish to pursue my graduate studies at your esteemed institution‚ as I believe that a Masters degree will help me to realize my ultimate goal‚ which is to develop myself as a well educated electrical engineer and promote my existing career in related industries. As a high school student we had an electricity lesson in which we had to make a simple motor using wooden board‚ nails and coated wire and battery
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Individual Assignment Joseph Monday POL 215 August 21‚ 2012 Cherrilynne W. Thomas Governments and Intergovernmental Relationships The Maryland School Assessment (MSA) is a test of reading‚ math‚ and science achievement. This test provides educators‚ parents‚ and the public valuable information about student‚ school‚ school system‚ and state performance. Before the state could hold schools accountable for student’s proficiency on the new state assessment‚ proficiency had to be defined. Setting
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Issues • 1. Social Structures • 2. Social Functions (positive effects) • 2. Interdependence • 4. Stability‚ Harmony‚ Consensus‚ Equilibrium • 5. Evolutionary Change • II. Social – Conflict Paradigm – A. Famous Theorists • 1. Karl Marx • 2. Friedrich Engels • 3. Harriet Martineau • 4. Jane Addams • 5. W.E.B. DuBois • 6. C. Wright Mills B.
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