The required return on the stock of Moe's Pizza is 11.8 percent and aftertax required return on the company's debt is 3.70 percent. The company's market value capital structure consists of 76 percent equity. The company is considering a new project that is less risky than current operations and it feels the risk adjustment factor is minus 2.5 percent. The tax rate is 40 percent. What is the required return for the new project
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Abank provides its customers mobile applications that significantly simplify traditional banking activities. for example, a customer can use a smartphone to take a picture of a check and electronically deposit into an account. this unique service demonstrates the bank’s desire to practice which one of porter’s strategies?
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For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
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The required return on the stock of Moe's Pizza is 11.8 percent and aftertax required return on the...
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