Philanthropic corporate social responsibility (CSR) serves as philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.
<h3>What is Philanthropic corporate social responsibility?</h3>
Philanthropic corporate social responsibility can be regarded as one whereby, there us donation funds, goods to another organization or cause.
They runs the greatest risk of being perceived as self-serving behavior.
Learn more about Philanthropic corporate social responsibility at:
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Answer:
WACC = 11.45 %
Explanation:
Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund
WACC = (Wd×Kd) + (We×Ke) + (Wp × Kp)
After-tax cost of debt = Before tax cost of debt× (1-tax rate)
Kd-After-tax cost of debt = 11.1%(1-0.4) =6.66%
Ke-Cost of equity = 14.7%
Kp= Cost of preferred stock = 12.2%
Wd-Weight of debt =100/270=0.370
We-Weight of equity = 140/270=0.518
Wp= weight of preferred stock = 30/270=0.111
WACC = (0.518× 14.7%) + (0.370 × 6.7%) + (0.111×12.2) = 11.447%
WACC = 11.45 %
The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.
It assumes an increase in money supply creates inflation and vice versa.