Kelso's Has a Debt-Equity Ratio of 0

question 49

Multiple Choice

Kelso's has a debt-equity ratio of 0.6 and a tax rate of 35 percent.The firm does not issue preferred stock.The cost of equity is 14.5 percent and the aftertax cost of debt is 4.8 percent.What is the weighted average cost of capital?

• A)10.46 percent
• B)10.67 percent
• C)10.86 percent
• D)11.38 percent
• E)11.57 percent

Explain the role of instinct, drive-reduction, and hierarchy of needs in motivation theories.

Understand the benefits and effects of ROPES as a socialization strategy.

Identify terminologies related to the socialization process, including realistic job previews.

Recognize different types of developmental relationships.

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