Jack's construction co. has 80 bonds outstanding that are selling at their par value of $1,000 each. bonds with similar characteristics are yielding a pretax 8.6 percent. the firm also has 4,000 shares of common stock outstanding. the stock has a beta of 1.1 and sells for $40 a share. the u. s. t-bill is yielding 4 percent, the market risk premium is 8 percent, and the firm's tax rate is 21 percent. what is the firm's weighted average cost of capital assuming its earnings are sufficient to classify all interest as a tax-deductible expense?

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.