Question: show work and do them all Recently, you needed money and agreed to sell a car for a price of 55000 to be paid monthly

show work and do them all

Recently, you needed money and agreed to sell a car for a price of 55000 to be paid monthly payments of $1,500 for 42 months. What APR did you charge before financing the sale?

8.33

6.84

7.78

6.5

7.25

Hunter's Lodge purchased $612,000 of equipment four years ago. The equipment is seven-year MACRS property. The firm is selling this equipment today for $174,500. What is the aftertax cash flow from this sale if the tax rate is 34 percent? The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.

$187,407.35

$180,174.19

$176,610.81

$168,825.81

$198,410.18

Healthy Snacks has a target capital structure of 60 percent common stock, 3 percent preferred stock, and 37 percent debt. Its cost of equity is 16.8 percent, the cost of preferred stock is 11.4 percent, and the pretax cost of debt is 8.3 percent.

What is the company's WACC if the applicable tax rate is 34 percent?

a. 13.29 percent

b. 12.61 percent

c. 12.34 percent

d. 12.45 percent

e. 12.83 percent

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Given the fundamental principles of logistics management, such as demand forecasting, inventory management, transportation management, Information management, financial management and customer...

Recently, you needed money and agreed to sell a car you had inherited at a price of $ 5 5 , 0 0 0 , to be paid in monthly payments of $ 1 , 5 0 0 for 4 2 months. What interest rate did you charge for...

please show the steps for the questions Howard Hospital wants to issue 15 year, zero coupon bonds that yield 7.5%. What price should it change for these bonds if the face value is 1000? Assume...

Recently, you needed money and agreed to sell a car you had inherited at a a price of $55,000 to be paid monthly payments of $1,500 for 42 months. What interest rate did you charge for financing the...

Question 19 (5 points) Listen Recently, you needed money and agreed to sell a car you had inherited at a price of $55,000, to be paid in monthly payments of $1.630 for 36 months. What interest rate...

Question 10 1 pts Recently, you needed money and agreed to sell a car you had inherited at a price of $55,000, to be paid in monthly payments of $1,500 for 42 months. What interest rate did you...

Recently, you needed money and agreed to sell a car you had inherited at a price of $55,000, to be paid in monthly payments of $1,500 for 42 months. What interest rate did you charge for financing...

Recently, you needed money and agreed to sell a car you had inherited at a price of $ 5 5 , 0 0 0 , to be paid in monthly payments of $ 8 0 0 for 6 0 months. What interest rate did you charge for...

1) Recently, you needed money and agreed to sell a car you had inherited at a price of $55,000, to be paid in monthly payments of $800 for 60 months. What interest rate did you charge for financing...

Compare the accounting for intangible assets under GAAP and IFRS. Identify at least one difference in GAAP and IFRS reporting that should be adopted under GAAP in your opinion and explain why.

Needham Pharmaceuticals has a profit margin of 3% and an equity multiplier of 2.0. Its sales are $100 million and it has total assets of $50 million. What is its ROE?

The trade - off between risk and returns means that Group of answer choices investors are willing to accept less risk for higher returns. investors are willing to accept more risk for higher returns....

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

3 What can be learned from Indian HRD, and its integration of Western and nonwestern approaches to managing people, in order that it can be applied in African countries?

Corporations are discovering that their core capabilities lie not in particular products or product categories, but in unique expertise.

CEOs are aiming their internal and external processes directly at customer satisfaction.