Since there is no debt, all the capital that the company raises is in the form of common equity.
Since there is only equity (meaning the firm is a fully equity firm), the weighted average cost of capital (WACC) is nothing but the cost of equity
In this case the WACC represents the cost of equity
Therefore, cost of equity = WACC = 8%
Answer:
$8,400
Explanation:
total commission = $300,000 x 8% = $24,000
50% co-brokerage split = $24,000 x 50% = $12,000
Walt's commission = $12,000 x 70% = $8,400
the 70% commission split between Walt and his broker means that Walt keeps 70% of the commission and the broker keeps 30%.
total commission is split between the two firms because the Walt's listing was sold by another firm.
money refunds
What is refunds?
Refunds are payments made back to the payer by the original payee. It may be brought on by returned merchandise, an excessive bill, or an excessive tax payment. These possibilities are listed below.
The most frequent way that refunds happen is when a buyer returns products to a vendor and gets a refund right away. Cash or a credit that may be used to buy other products from the seller may be given as a refund.
When the seller first overcharged the buyer, a refund might also be given. In this instance, the overage is reimbursed and the customer is still in possession of the original purchased goods.
Learn more about refunds with the help of given link:-
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Answer and Explanation:
This is an example of corporation. Corporation is a legal entity wherein it goes public and offers its shares for ownership and trading in the primary and secondary market. Corporation is public limited company and has a board consisting of executives and CEO. Whereas, the shareholders do not interfere with the management decisions they are only concerned with their dividends.
In this case, Juan owned 1000 shares of DDX. DDX is a corporation because it is able to offers its shares to the general public and allows trading of shares for ownership.