## Question

###### • You are a business analyst tasked with determining the WACC (weighted average cost of capital)...

• You are a business analyst tasked with determining the WACC (weighted average cost of capital) of Phil's Garlic Ice Cream, Inc. based in Gilroy, CA. You have collected the following data: EN = 0.4 D/V = 0.6 Cost of debt (Rd) = 0.054 Effective tax rate (Te) = 0.11 Rm = 0.13 Rp = 0.016 The company has been public for 2 years and you know the following about their stock (and the general stock market): Year %change in share price %change in the market 1 +8% +10% 2 +2% +0.88% Find the WACC for Phil's Garlic Ice Cream, Inc.

## Answers

#### Similar Solved Questions

1 answers

##### What is the behaviour among particles that affects the solubility of a material

What is the behaviour among particles that affects the solubility of a material?...

1 answers

##### Use the following table for a hypothetical single-product economy. Assume that 2010 is the base year....

Use the following table for a hypothetical single-product economy. Assume that 2010 is the base year. YEAR Quantity Price per unit Price Index Nominal GDP Real GDP 2010 100 10 2011 120 20 2012 125 25 2013 130 30 2014 140 40 2015 150 50 2016 200 55 2017 205 60 Complete the table by calculating the Pr...

1 answers

##### Please help me answer the IR, H NMR and 13C NMR questions based on the pictures...

please help me answer the IR, H NMR and 13C NMR questions based on the pictures below. IR List the important peaks seen in the IR of the product and label with the associated stretches and bends (eg. C-H stretch, etc). 13C NMR List all the peaks in the 13C NMR and give them each a number. Write...

2 answers

##### Coefficient of kinetic friction

A car is traveling 15m/s on a horizontal road. The brakes are applied and the car skids to a stop in 4 secs. The coefficient of kinetic friction between the tiresand the road is:????...

1 answers

##### 5. A chemical reaction of the general type A → 2B is first-order, with a rate...

5. A chemical reaction of the general type A → 2B is first-order, with a rate constant of 1.52 x 10-45-1. a. Calculate the half-life of A. b. Assuming the initial concentration of A is 0.067 mol L-1, calculate the time needed for the concentration to fall to 0.010 mol L-...

1 answers

##### On January 1, 2021, Cheyenne Corp. had 459,000 shares of common stock outstanding. During 2021, it...

On January 1, 2021, Cheyenne Corp. had 459,000 shares of common stock outstanding. During 2021, it had the following transactions that affected the Common Stock account. Determine the weighted-average number of shares outstanding as of December 31, 2021. February 1 Issued 123,000 shares March ...

1 answers

##### Trisha slips on black-ice and injures herself. She sues the landowner who admits all the facts...

Trisha slips on black-ice and injures herself. She sues the landowner who admits all the facts in her case. Which of the following is true? a. The jury in this case must still review the facts to determine which are correct. b. This case must still go to trial. c. This case no longer needs to go to ...

1 answers

##### Brief Exercise 15-8 In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $29,400...

Brief Exercise 15-8 In March, Stinson Company completes Jobs 10 and 11. Job 10 cost $29,400 and Job 11 $40,900. On March 31, Job 10 is sold to the customer for $35,300 in cash. Journalize the entries for the completion of the two jobs and the sale of Job 10. (Credit account titles are automatically ...

1 answers

##### 5.20 When 2.00 g of CaO(s) is added to 49.0 g of water at 25.0°C, the...

5.20 When 2.00 g of CaO(s) is added to 49.0 g of water at 25.0°C, the temperature of the water increases to 32.3°C. Assuming that the specific heat capacity of the solution is 4.18 J/g:°C, calculate AHöxn (in kJ/mol Cao) for the following reaction: Cao(s) + H2O(1) + Ca(OH)2(aq) A n ...

1 answers

##### Number 4 + (ix) 752 +85 + 25)2 Scos (1-27). 127 My Find F) where F10...

number 4 + (ix) 752 +85 + 25)2 Scos (1-27). 127 My Find F) where F10 20....

1 answers

##### 4. The population (in millions) of a country at t years after 1980 is given by...

4. The population (in millions) of a country at t years after 1980 is given by P(t) = 23.42 00154 a) What was the population in 1980? b) What was the expected population in 2005. c) When, to the nearest year, will the country have a population of 60 million?...

1 answers

##### Compute the rate of discount allowed on a lawnmower that lists for $168 and is sold...

Compute the rate of discount allowed on a lawnmower that lists for $168 and is sold for $105. The rate of discount allowed is % (Round to two decimal places as needed.)...

1 answers

##### 24. (Correlation) A researcher wants to determine if there is a linear relationship between height and...

24. (Correlation) A researcher wants to determine if there is a linear relationship between height and weight. The following table represents the data collected. Display the data in a scatter plot on your calculator, draw a quick sketch below. Then find the linear regression and put the line of best...

1 answers

##### Ulcer medicine claims that each tablet contains an average of 300 milligrams (mg), with a standard...

ulcer medicine claims that each tablet contains an average of 300 milligrams (mg), with a standard deviation of 11 mg. Test whether a sample of 60 tablets producing a mean of 304 mg significantly exceeds the claimed mean. Use a level of significance of.01. An...

1 answers

##### Case #3 Patient Profile: A 58 year old male is complaining of a 3 week history...

Case #3 Patient Profile: A 58 year old male is complaining of a 3 week history of increasing epigastric pain. He states the pain is relieved by eating but recurs about 2-3 hours later. He denies radiation of the pain, fatty food intolerance, anorexia or weight loss. Critical Thinking Questions: 1. W...

1 answers

##### What is the difference between adjusting entries and closing entries?

What is the difference between adjusting entries and closing entries?...

1 answers

##### A 9.6-V battery is connected in series with a 37-nH inductor, a 150-22 resistor, and an...

A 9.6-V battery is connected in series with a 37-nH inductor, a 150-22 resistor, and an open switch. Part A What is the current in the circuit 0.140 ms after the switch is closed? Express your answer using two significant figures. VALO ? I= mA Submit Request Answer Part B How much energy is stored i...

1 answers

##### The following are estimates for two stocks. Firm-Specific Standard Deviation Expected Return 12% 18 Stock Beta...

The following are estimates for two stocks. Firm-Specific Standard Deviation Expected Return 12% 18 Stock Beta 0.85 1.40 The market index has a standard deviation of 22% and the risk-free rate is 11% a. What are the standard deviations of stocks A and B? (Do not round Intermediate calculations. Roun...

1 answers

##### 8 7. (1 point) Find the inverse Laplace transform f(t) = C-' (F(s)) of the function...

8 7. (1 point) Find the inverse Laplace transform f(t) = C-' (F(s)) of the function F(s) = $-2 10=c='{, *2 -3} - help (formulas)...

1 answers

##### + Hooke's Law expresses the restoring force of an ideal spring in terms of its spring...

+ Hooke's Law expresses the restoring force of an ideal spring in terms of its spring constant and the degree to which it has been extended or compressed, Ax, = --k Ar The minus sign indicates that the force is "restoring." Formulae purporting to describe the effective spring constants a...