WACC is the average cost of financing a company’s assets

Jun 21st, 2015
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California State University - Channel Islands
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1. WACC is the average cost of financing a company’s assets, either through debt or equity. A firm's WACC is the overall required return on the firm as a whole. It is the appropriate discount rate to use for cash flows with risk that is similar to that of the overall firm. 2. We agree with I., choosing a single cost of capital. She made a cogent argument and we think the analysis would be much more complex otherwise. We aren’t trying to evaluate a project in a specific department but instead value the company’s shares. We just need a single cost of capital.

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LABOR ORGANIZATIONArticle 234 is the process that is described in the red letter of the law for the registration of a labor organization. Take note that in that process, there must be an organizational meeting that includes all the members of the union, and they must agree to the formation and this must be documented.Article 234 of Labor Code. Requirements of registration. - A federation, national union or industry or trade union center or an independent union shall acquire legal personality and shall be entitled to the rights and privileges granted by law to legitimate labor organizations upon issuance of the certificate of registration based on the following requirements:(a) Fifty pesos (P50.00) registration fee;(b) The names of its officers, their addresses, the principal address of the labor organization, the minutes of the organizational meetings and the list of the workers who participated in such meetings;(c) In case the applicant is an independent union, the names of all its members comprising at least twenty percent (20%) of all the employees in the bargaining unit where it seeks to operate;(d) If the applicant union has been in existence for one or more years, copies of its annual financial reports; and(e) Four copies of the constitution and by-laws of the applicant union, minutes of its adoption or ratification, and the list of the members who participated in it.Art 234 provides for the process for organizing a labor organization leading to legitimacy.

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