Being Human, Inc., recently issued new securities to finance a new TV show. The project cost $35 million, and the company paid $2.2 million in flotation costs. In addition, the equity issued had a flotation cost of 7 percent of the amount raised, whereas the debt issued had a flotation cost of 3 percent of the amount raised. If the company issued new securities in the same proportion as its target capital structure, what is the company's target debt-equity ratio

Answers

Answer 1

Answer:

0.3727

Step-by-step explanation:

From the given information

Total costs = Project cost + Flotation cost

Total costs = $35,000,000 + $2,200,000

Total costs = $37,200,000

Amount raised × (1 – fT) = Amount needed after flotation costs

$37,200,000 × (1 – fT) = $35,000,000

1 - fT = $35,000,000 / $37,200,000

1 - fT = 0.9409

fT = 1 - 0.9409

fT = 0.0591

wD + wE = 1

wD = 1 - wE

where;

wD = weight of debt

wE = weight of equity

WAFC = (wD × Debt's fT) + (wE × Equity's fT)

0.0591 = (wD × 0.03) + ( (1 - wD) × 0.07)

0.0591 = [wD × 0.03) + 0.07 - (wD × 0.07)

0.0591 - 0.07 = -(wD × 0.04)

-0.0109 = - (wD × 0.04)

wD = -0.0109 / -0.04

wD = 0.2715

wE = 1 - wD

wE = 1 - 0.2715

wE = 0.7285

The debt-equity ratio = wD / wE

The debt-equity ratio = 0.2715 / 0.7285

The debt-equity ratio = 0.3727


Related Questions

An artist uses different types of paper to create her masterpieces. She has shiny metallic paper and pink glittery paper. The shiny paper comes in lengths of 24 inches and the glitter paper in lengths of 36 inches. She wants to make sure she can cut her paper into equal sizes but doesn’t want them to be too small. What’s the largest size she can cut them into without any waste?

Answers

Answer:

it is 24 . Logically in my idea .

Leslie and Surekha were standing on opposite sides of a road. Suddenly, they spotted a puppy stranded on the road and both rushed straight to where the puppy was, to pick it up. If Leslie ran at an angle of 35 degrees to the edge of the road and Surekha at an angle of 70 degrees, at what angle did their path meet?

Answers

Answer:

75°

Step-by-step explanation:

we can form a triangle to help us understand how to solve this problem:

                                                    puppy

∠ Leslie = 35°                                                   ∠ Surekha = 70°

If Leslie's angle is 35° and Surekha's angle is 70°, that gives us a total of 105°. Since the sum of the triangle's three angles is 180°, then the angle at which they will meet is 180° - 105° = 75°

In this exercise, we have to calculate the angle of the path that they met, so we will have:

75°

We know that the geometric figure in question is a triangle and that the sum of its internal angles must be equal to 180 degrees, thus:

[tex]180-105=X\\180-105=75\\[/tex]

See more about triangles at brainly.com/question/2269348

solve the following equation
7/3x=5​

Answers

Answer:

15/7. This the answer answer. But if it tells you simplify this then simplify it.

Step-by-step explanation:

Answer:

X = 15/7

Step-by-step explanation:

Does anyone has Algebra ll and if so can you please help me with this problem 5i/-2-6i And also I can't pay you but I hope God can give more good luck

Answers

Answer:

[tex]s = \frac{5i}{-2-6i} = -\frac{30}{40}-\frac{10}{40}i[/tex]

Step-by-step explanation:

We have the following complex number [tex]s = \frac{5i}{-2-6i}[/tex], we proceed to simplify the expression as follows:

1) [tex]\frac{5i}{-2-6i}[/tex] Given.

2) [tex](5i)\cdot (-2-6i)^{-1}[/tex] Definition of division.

3) [tex][(5i)\cdot (-2-6i)^{-1}]\cdot [(-2+6i)\cdot (-2+6i)^{-1}][/tex] Modulative and associative properties/Existence of the additive inverser

4) [tex][(5i)\cdot (-2+6i)]\cdot [(-2-6i)^{-1}\cdot (-2+6i)^{-1}][/tex] Commutative and associative properties.

5) [tex][(5i)\cdot (-2+6i)]\cdot [(-2-6i)\cdot (-2+6i)]^{-1}[/tex] [tex]a^{c}\cdot b^{c} = (a\cdot b)^{c}[/tex]

6) [tex][(5i)\cdot (-2+6i)]\cdot [4+36]^{-1}[/tex]    [tex](a+b)\cdot (a-b) = a^{2}-b^{2}[/tex]/Definition of complex number/  [tex]a\cdot (-b) = -a\cdot b[/tex]

7) [tex][(5i)\cdot (-2)+(5i)\cdot (6i)]\cdot 40^{-1}[/tex] Definition of sum.

8) [tex](-10\cdot i+30\cdot i^{2})\cdot 40^{-1}[/tex]    [tex]a\cdot (-b) = -a\cdot b[/tex]/Associative and commutative properties.

9) [tex](-30-10i)\cdot 40^{-1}[/tex] Commutative properties/Definition of complex number/ [tex]a\cdot (-b) = -a\cdot b[/tex]

10) [tex]-30\cdot 40^{-1}-(10i)\cdot 40^{-1}[/tex] Distributive property.

11) [tex]-\frac{30}{40}-\frac{10}{40}i[/tex] Definition of division/Result.

[tex]s = \frac{5i}{-2-6i} = -\frac{30}{40}-\frac{10}{40}i[/tex]

HELP PLEASE I DONT UNDERSTAND AND NEED TO PASS

Answers

Answer:

20 for de first one and answer (B) for the second.

Step-by-step explanation:

20 for de first one and answer (B) for the second.

hope this helped;3

Two sides of a triangle are equal in length, and the third slide is 5 less than the length of the equal sides. If the perimeter of the triangle is 49, how long are it's sides?

Answers

Answer:

The sides are 14.6, 14.6, 9.6

Step-by-step explanation:

Step one:

given

Perimeter= 49

let the equal sides of the triangle be x

so the third side will be x-5

hence the first side is=x

the second side =x

and the third side=x-5

the perimeter of triangle is

P= A+B+C

where A B and C represents all the sides

49=x+x+(x-5)

solve for x

49=2x+x-5

49=3x-5

49-5=3x

44=3x

x=44/3

x=14.6

Hence the third side is

=x-5=14.6-5

=9.6

The sides are 14.6, 14.6, 9.6

Answer:

18 for same length and 13 for 3 length

Step-by-step explanation:

PLZZZZZ I NEED THE CORRECT ANSWER NOW

Use the simple interest formula to find the ending balance.


$5000 at 5% for 3.5 years.


Enter your answer in the box.

Answers

Answer:

$875

Step-by-step explanation:

5000/ .05 =

250

250 x 3.5 =

875

A survey of Ghasi's customers showed that 1,200 of the customers buying yarn would buy bamboo yarn. In the first month, 725 customers actually bought bamboo yarn. What was the percent error in the survey estimate of the number of people buying bamboo yarn? Round to the nearest tenth.

Answers

Answer:

40%

Step-by-step explanation:

Step one:

given data

expected customers= 1200

actual customers= 725

the percent error= (actual-expected)/expected

substituting the given values we have'

%error=725-1200/1200

%error=475/1200

%error=0.395

To the nearest tenth we have 0.4

%error=0.4*100

%error=40%

Hence the percent error is 40%

Answer:

40%

Step-by-step explanation:

Simplify [2(5 – 4) + 6(7 – 3)] ÷ 2
A 21
B 13
C 15
D 19

Answers

Answer:

B

Step-by-step explanation:

It’s B I did it and I got it right

help ! but people who cannot help me with this please don't answer because i don't know how to do this. i was not in class when they reviewed this, you don't have to give me the answer but at least tell me how to do it.

Answers

Answer:

$16

Step-by-step explanation:

If 3 rides cost $28 and 6 rides cost 40, each ride costs $4. 28 - (3 x 4) = $16 admission fee

ill make you brainliest just please help me <3

Answers

Answer: the answer is below!!!!!!

Step-by-step explanation:

first: take 28 and divide it by 2 and you will get 14

now take 2 and divide it by 2 and you will get 1

now take the 14 put it over 1 like this------>14/1

Second:take the 5 and divide it by 2 and you get 2.5

not take the 2 and divide it by 2 and you get 1

now take 2.5 and put it over the 1 like this-------->2.5/1

third: take the 3 and divide it by 3/4  

what distinguishes the diagonals of rectangles from those of other parallelograms

Answers

Answer: The diagonals are thus equal, and divides the rectangle into right triangles, whereas the diagonals of a parallelogram are not equal and bisect it into two congruent triangles with angles depending on that of the parallelogram.


A park in the shape of a rectangle is 18 miles long and 24 miles wide. How much shorter is your walk
if you walk diagonally across the park instead of along the two sides of it?

Answers

Answer:
30
Explanation:
24^2+18^2
=900
√900
=30
(You have to use Pythagorean theorem so a^2+b^2=c^2)

Draw the shape!
Find the volume!
PLEASE INCLUDE WORK!

Answers

okay i gotchu hold up

Cab you please help me...

Answers

Answer:

- 2x² + x + 42x² + x + 43

Step-by-step explanation:

Given functions

r(x) = x + 4s(x) = 2x²

Finding (r-s)(x), (r+s)(x), (r*s)(-1)

(r - s)(x) = r(x) - s(x) = x + 4 - 2x² = - 2x² + x + 4(r + s)(x) = r(x) + s(x) = x + 4 + 2x² =  2x² + x + 4(r*s)(-1) = r(-1)*s(-1) = (-1 + 4)*(-1)² = 3*1 = 3

Answer:

1. - 2x² + x + 4

2. 2x² + x + 4

3. Answer = 3

Example functions we are given:

r(x) = x + 4

s(x) = 2x²

Now, we Find (r-s)(x), (r+s)(x), (r*s)(-1)

(r - s)(x) = r(x) - s(x) = x + 4 - 2x² = - 2x² + x + 4

(r + s)(x) = r(x) + s(x) = x + 4 + 2x² =  2x² + x + 4

(r*s)(-1) = r(-1)*s(-1) = (-1 + 4)*(-1)² = 3*1 = 3

When the distributive property is used to solve the equation 9(x+4)=8x-3, what is the next step.

Answers

9x + 36 = 8x - 3
solve for x.
x + 36 = -3
x = -39

If G( x ) = 3 x + 1, then G -1 (1) is...

-1/3
-4
-0

Answers

Answer:

-4

Step-by-step explanation:

3+1 = 4 so just put a dash at the start and you ger -4

Jada’s bike wheels have a diameter of 20 inches. How far does she travel if the wheels rotate 37 times?
A. 2,549 inches
B. 2,324 inches
C. 2,347 inches
D. 2,515 inches
(SHOW YOUR WORK FOR A BRAINLIEST)

Answers

Answer:

C

Step-by-step explanation:

Answer:

B. 2,324 inches

Step-by-step explanation:

You need to find the circumference of the bike wheels first so that you know how much she would travel if her wheels rotated 1 time. Circumference of circle = pi × d

1 time = 20pi

37 times = 20pi × 37

              = 740pi

              = 2324.778564...inches

The diameter of a cartwheel is 2.1 m. Find the distance travelled when it completes 100 revolutions.

You need to find the circumference of the cartwheels first so that you know how much it would travel if her wheels revoluted 1 time. Circumference of circle = pi × d

1 revolution = 2.1pi

100 revolutions = 2.1pi × 100

                          = 210pi

                          = 659.7344573...m

The diameter of a circular park is 98 m. Find the cost of fencing it at $4 per meter.

You need to find the circumference of the park first so that you know how much it would cost. Circumference of circle = pi × d

Circumference of park = 98pi

Cost of fencing = 4 × 98pi

                          = 392pi

                          = $1231.50

                          ≈ $1232.00

Carlos bought 4 yards of packing tape. He used 1 3/5 yards on a package for his father and 2 1/3 for a package. How many yards of packing tape does Carlos have left (only write the fraction with no words as your answer)?

Answers

Answer:

1/15 yards

Step-by-step explanation:

Total yards of packing tape = 4 yards

Yards used for his father = 1 3/5 yards

Yards used for another package = 2 1/3 yards

Total yards used = 1 3/5 + 2 1/3

= 8/5 + 7/3

= 24+35/15

= 59/15 yards

How many yards of packing tape does Carlos have left

Total yards left = Total yards of packing tape - Total yards used

= 4 - 59/15

= 60-59/15

= 1/15

Total yards left = 1/15 yards

please help me with this​

Answers

Answer:

D. [tex] Cos(Z) = \frac{5}{13} [/tex]

Step-by-step explanation:

Using trigonometric ratios formula, thus:

[tex] Cos(Z) = \frac{Adjacent}{Hypotenuse} [/tex]

Reference angle = Z

Adjacent = 10

Hypotenuse = 26

Plug in the values into the formula

[tex] Cos(Z) = \frac{10}{26} [/tex]

Simplify

[tex] Cos(Z) = \frac{5}{13} [/tex]

Through (-3,-2), perpendicular to y=-x-4

Answers

Answer:

your answer is not perpendicular

Step-by-step explanation:

so first you put the y which is -2 and the -x with -3

[tex]-2=(-3)-4[/tex]

when you subtract the -3 from 4 you will get 7

[tex]4-(-3)=7[/tex]

7 is not equal to -2 so it is not perpendicular

[tex]7\neq -2[/tex]

2x+3y=9 and x-2y=8 system of equations

Answers

Answer:

(6, -1)

Step-by-step explanation:

Solve the System of Equations

2x + 3y = 9 and x − 2y = 8

Add 2y to both sides of the equation.

x = 8 + 2y 2x + 3y = 9

Replace all occurrences of x with 8 + 2y in each e quation.

Replace all occurrences of x in 2x + 3y = 9 with 8 + 2y. 2 (8 + 2y) + 3y = 9

x = 8 + 2y

Simplify 2 (8 + 2y) + 3y.

16 + 7y = 9

x = 8 + 2y

Solve for y in the first equation.

Move all terms not containing y to the right side of the equation.

7y = −7

x = 8 + 2y

Divide each term by 7 and simplify.  

y = −1

x = 8 + 2y

Replace all occurrences of y with −1 in each equation.

Replace all occurrences of y in x = 8 + 2y with −1. x = 8 + 2 (−1)

y = −1

Simplify 8 + 2 (−1).

x = 6

y = −1

The solution to the system is the complete set of ordered pairs that are valid solutions.

(6, −1)

The result can be shown in multiple forms.

Point Form:

(6, −1)

Equation Form:

x = 6, y = −1

Answer:

(6, -1)

Step-by-step explanation:

Your buddy constructs an angle bisector BD−→− for ∠ABC. She says that m∡ABD and m∡DBC formed by the angle bisector are congruent. Do you think that is always, sometimes or never true for angle bisectors?

Answers

Answer:

Always true

Step-by-step explanation:

The definition of an interior or internal angle bisector is the the dividing line segment that splits the angle into two  equal angles (parts)

Therefore, given that the segment BD is the bisector of ∠ABC, then the formed angles m∡ABD and m∡DBC are, by definition of bisected ∠ABC, always congruent

★PLSSSSS HELPPPPPPPPP★

Answers

Answer:

I cant really read the question

So u have to remove the variable and just put another in


PLEASE HELP !

Which scenarios represent one quantity changing at a constant rate per unit interval relative to the other quantity?
Select all that apply

A. An employee earns $14 per hour.

B. An employee earns a 3% raise each year.

C. A gym charges a $50 down payment plus $30 per month.

D. A piece of gym equipment decreases 8% in value every 6 months.

E. A trainer charges $20 for every 30 minutes of training plus a $5 tip.

Answers

Answer:C and E

Step-by-step explanation:

An employee earns $14 per hour and a trainer charges $20 for every 30 minutes of training plus a $5 tip are a constant rate per unit interval. Therefore, options A and E are the correct answers.

Given that, an employee earns $14 per hour.

What is constant rate of change?

When something has a constant rate of change, one quantity changes in relation to the other. For example, for every half hour the pigeon flies, he can cover a distance of 25 miles. We can write this constant rate as a ratio. For ratios, it's always a good idea to state both units in whole terms.

A). Let the number of hours be x and the total money earned be y

So, y=14x

B). Let the money earn by an employee each year be a and total earning in a year be b.

So, b=a+3% of a

⇒ b=a+0.03a

⇒ b=1.03a

C) Let the number of months be m and the total charge be t

So, t=50+30m

D) Let cost of gym equipment be p, rate of change =8% and time period = 6 months

So, [tex]A=p(1-\frac{8}{100} )^{6t}=p(0.92)^{6t}[/tex]

E) Let the number of hour be x.

Here, 30 minutes = 1/2 hours

Total charge = 20+5x/2

An employee earns $14 per hour and a trainer charges $20 for every 30 minutes of training plus a $5 tip are a constant rate per unit interval. Therefore, options A and E are the correct answers.

To learn more about the constant rate of change visit:

https://brainly.com/question/13448675.

#SPJ2

Determine the type of triangle that is drawn below.

Answers

Answer: equilateral

Step-by-step explanation:

The first several steps of evaluating (-2)(3&4/7) are shown, including the distributive property. What is (-2)(3&4/7)?

Answers

Answer:

-7 1/7

Step-by-step explanation:

Answer:

a or 7 1/7

Step-by-step explanation:

This is probably simple but can someone help me with this??

Answers

Answer:

7.5 units

Step-by-step explanation:

First, create a proportion by picking 2 sides:

2.5/n = 5/15

Next, cross multiply:

5n = 37.5

Finally, divide both sides to isolate the variable:

7.5

Therefore your answer is 7.5 units.

please ive been trying to get help all day :(

Answers

Answer:

its D

Step-by-step explanation:

WILL GIVE BRAINLIEST write an equation for the nth term of the arithmetic sequence and find the 30th term 28, 25, 22, 19, ... (show your work pls)

Answers

Answer:

[tex] a_n = 31 - 3n\\\\

a_{30}= 59[/tex]

Step-by-step explanation:

Given Arithmetic sequence is:

28, 25, 22, 19, ...

a = 28, d = 25 - 28 = - 3,

nth term of an Arithmetic sequence is given as:

[tex] a_n = a + (n - 1) d\\[/tex]

Plugging a = 28 & d = - 3 in the above equation, we find:

[tex] a_n = 28 + (n - 1) (-3)\\\\

a_n = 28 - 3n +3\\\\

\huge\purple {\boxed {a_n = 31 - 3n}} \\(This \:is \:the \:required \:equation) \\\\

Plug \: n = 30, \: we \: find:\\\\

a_{30}= 31 - 3 \times 30\\\\

a_{30}= 31 - 90\\\\

\huge\orange {\boxed {a_{30}= 59}} \\\\

[/tex]

Other Questions
Neil is buying steak for a cookout on Saturday. Steak is on sale for $9.62 per pound. If hebuys 7.5 pounds of steak, how much money does he spend? Sarah buys a car originally priced at $25,000 at a discount rate of 1/5 off the original price. How much does Sarah pay for the car after the discount? What's the equal rights act Use the substitution method to solve the system of equations. Enter youranswer as an ordered pair.y = 3x-4X = 9 7x {(7+7)} divided by 7} A business should endeavor to be socially responsible in its actions and conduct under what set of circumstances?a. increased competitive advantage. b. lowering the legal fees to handle reputation-damaging incidentsc. pursuing internal benefits such as improved efficiency and workforce retentiond. pursuing shareholder benefits based on high correlations between CSR and stock price and other measures of financial performance. How do you agree that Bahadur Shah was the brave son of brave father? Answer logically. ___________ has influenced the study of communication in the 21st century. a. Economic development b. Population increase c. Globalization d. Political stability What is the name of a compound having the formula Al2O3? (5 points)1) Aluminum peroxide2) Aluminum ozone3) Aluminum oxygen4) Aluminum oxide What were the black codes? choose the right option1. students are giving/taking exams Also describe why. Help!!!!!!!Will mark brainleist State the electronic structure of the following atom and ion.AL what is the discimiant of 9x2+2=10x? Ireland reports the following international transaction information. (in millions) Exports of goods 79,186 Imports of goods 45,765 Exports of services 33,573 Imports of services 46,216 Income received from abroad 28,456 Income payments to abroad 51,571 Unilateral transfers 440 (is positive) Using the information, Ireland's current account balance is:________. a. 1,897 million b. -1,897 million. c. 44,333 million d. -44,333 million What does Syrita do to persuade X that humanity is worth saving? Superhuman by Nicola YoonAnswer choices:A) She recognizes his dilemma and does nothing.B) She explains that the shooting was accidental.C) She counters his negativity with logical arguments.D) She forces him to rescue her. PLEASE HELP HEHE!!In a state, 30% of all people own a scooter, and 41% of all people have a skateboard and bicycle. Find the probability of choosing a person that has a scooter and then choosing another person sequentially who has a skateboard and scooter? Round answer to nearest tenth and include percent sign. Equipment was purchased for $60,050 plus $1,123 in freight charges. Installation costs were $2,128 and sales tax totaled $5,453. The increase in net working capital was $4,829. What is this asset's depreciable basis? DO NOT USE DOLLAR SIGNS OR COMMAS IN YOUR ANSWER. ENTER YOUR ANSWER TO THE NEAREST DOLLAR (e.g. 1250). WILL GIVE BRAINLIEST>>>> HURRY PLZ !**2 QUESTIONS**!1.What changes did Governor Claiborne make regarding African Americans in Louisiana? Check all that apply. He prevented enslaved persons from buying their own freedom.He assigned white leaders to African American militia units.He defined the jobs and positions enslaved persons could take on.He established limits on the number of slaves a person could own.He adopted a new slave code that limited the rights of enslaved people2.What purposes did the Code Noir serve? Check all that apply. It established laws for slaveholders to follow. It set out to control the behavior of enslaved workers.It outlined punishments for enslaved workers who broke rules. It established laws for free people of color to follow in society. It outlined laws for the interaction of whites and free people of color. HELP ME PLZ!When did the Renaissance era end?sixteenth centuryseventeenth centuryfifteenth centuryfourteenth century