Additional investment is to improve quality of applicants

Assignment Help Finance Basics
Reference no: EM131044576

Digby's turnover rate for this year is 6.36%. This rate is projected to remain the same next year and no further downsizing will occur from automating. Digby plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Digby next year?

Reference no: EM131044576

Questions Cloud

Maturity determine the overall yield : How much should be paid for this bond on 1st Feb 2012 to yield j2 = 10%. If the purchase price was $1050 and the bond is held to maturity determine the overall yield, j2.
Question regarding the kahlil realized return : Kahlil bought 100 shares of Cisco for $24.00 per share on January 1st, 2008. He received a dividend of $5.00 per share at the end of 2008 and sold his stock for $18.00 per share. What was Kahlil's realized return?
What is crosby cost of equity capital : Crosby Industries has a debt-equity ratio of 1.5. Its WACC is 8.5 percent, and its cost of debt is 6 percent. There is no corporate tax. What is Crosby's cost of equity capital? What would the cost of equity be if the debt-equity ratio were 2.0?
Determining the market risk premium : (1) The firm's semiannual bonds mature in 20 years which were issued 5 years ago, have an 8.00% coupon, a par value of $1,000, and a market price of $1,050.00. (2) The company's tax rate is 40%.
Additional investment is to improve quality of applicants : The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Digby next year?
Exchange for us dollars : Mary went on vacation from the UK to the US, so she had to purchase some dollars ($). How many pounds sterling (L) did she exchange for US dollars if she now has $135? The exchange rate is L 1 = $1.5542? Give your answer to the nearest pound s..
Modigliani and miller assumptions : Please explain why the dividend policy of a firm does not matter under the Modigliani and Miller assumptions.
How do the articles make you feel : Do these articles make you feel better or worse about becoming a member of the criminal justice system? Explain
Calculate the current market value and occ : Calculate the current market value and OCC of the portfolio consisting of the assetsin parts a, b and c.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is meant by the factoring or securitization of

a. what is meant by the factoring or securitization of receivables?b. what does selling receivables with recourse mean?

  Question on currency

One function of foreign exchange market is to convert the currency of one country in the currency of another. A second function of foreign exchange market is to offer insurance against foreign exchange risk.

  What is the price/earnings p e ratio

1) ABC Company has total assets of $795,800. There are 40,505 shares outstanding with a market value of $24 per share. If the net profit margin is 7.8% and the total asset turnover is 2.2, what is the price/earnings (P/E) ratio?

  Of the $5mil allotment provided to invest in bonds

Of the $5mil allotment provided to invest in Bonds, I would diversify the dollars between Three Bond funds. They offer both internal diversity, an extended track record of more than 10 years, and low expense ratios. I studied their effective duration..

  Find the divisions total costs

Texas Products Inc has a division which makes burlap bags for the citrus industry. The unit has operating fixed expenses of $12,000 per month, and it must sell 42,000 bags per month at $2.50 to break even.

  Errors in manuscripts with a new scanning

A publishing company plans to replace its four proofreaders who look for errors in manuscripts with a new scanning machine and one proofreader in case the machine breaks down.

  What is the required rate of return on the costello company

What is the required rate of return on the Costello Company common stock?

  Prepare entries in journal to record transactions

On January 2, 20x7, the Healey Corporation made several long-term investments in the voting stock of various companies. It buy 10,000 shares of Zima at $4.00 a share.

  How much money will you have in savings

How much money will you have in savings when you retire in 15 years from now?

  Describe factors that bring about managerial discretion for

describe factors that bring about managerial discretion for preparing financial

  What annual interest rate is idaho first bank pay

The company plan to make 20 equal deposits of $186,078.54, starting in six months, to accumulate the $5 million fund. What annual interest rate is Idaho First Bank & Trust paying on the balance of the fund?

  How can you calculate the cost of debt what methods can you

how can you calculate the cost of debt? what methods can you use? provide at least two

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd