Answer:
Debt equity ratio = 1.01
Explanation:
given data
WACC = 11.2 percent
cost of equity = 16.8 percent
pretax cost of debt = 8.7 percent
tax rate = 35 percent
to find out
What does the debt-equity ratio need to be for the firm to achieve its target WACC
solution
we get here WACC that is express as
WACC = Wd × Rd × (1-t) + We × Ke ..................1
here Wd is weight of debit and t is tax rate and Ke is cost of equity and
Wd + We = 1
so We = 1 - Wd
put value in equation 1
WACC = Wd × Rd × (1-t) + We × Ke
11.20% = Wd × 8.70% ×(1-35%) + (1-Wd) × 16.80%
solve and we get
Wd = 0.5025
so We will be
We = 1 - 0.5025
We = 0.4975
and
Debt equity ratio will be
Debt equity ratio = 
Debt equity ratio = 1.01
Answer:
The slope of the total output curve at the relevant point.
Explanation:
A marginal physical product can be defined as the extra output which is being generated by using an extra input. This ultimately implies that, marginal physical product of labor refers to the change in the level of output that is generated from using an additional unit of labor.
Mathematically, marginal physical product of labor is given by the formula;
Marginal physical product of labor = ΔY/ΔL
Where, ΔY is the change in total physical output.
ΔL is the change in labor.
In the short run, when the number of workers are increased it would result in a diminishing marginal product with respect to the law of diminishing marginal returns.
The marginal physical product of labor is the slope of the total output curve at the relevant point.
<em>For instance, if brainly producing 50 answers decides to employ one more tutor and is then able to produce 55 answers, the marginal physical product of labor is simply 5. </em>
Answer:
For 2 years
Explanation:
Financial responsibility is the procedure or the process which is defined as managing the money and also the other similar assets, in a method which is considered as productive and in the best interest of family, business or individual.
So, in order to show the proof of the financial responsibility in the near future, business or individual needs to show the proof for the 2 years because to make the proof comparable with the previous year.
Management is the big-picture process of making business run smoothly through effective planning, organizing, staffing, training, leading, and controlling the company.
