<span>under the roe, the principal of necessity means that commanders may resort to the use of force only when all other means to avert a threat are exhausted. While the idea of necessity has multiple meanings when it comes to international law, in this case, it is the ability to use force that may in other times be considered criminal in order to save something of great value that could do more harm if it were lost or given up.</span>
Answer:
$2,152.22
Explanation:
Given that,
FinCorp’s free cash flow (FCFF) = $205 million
Firm’s interest expense, i = $22 million
Tax rate, t = 35%
Growth rate, g = 3%
Cost of equity, e = 12%
Net debt of the firm increases by $3 million
Interest expense (Net of tax) = -i × (1 - t)
= -$22 × (1 - 35%)
= -$22 × 0.65
= -$14.3
FCFE = FCFF + Debt + Interest expense (Net of tax)
= $205 million + $3 - $14.3
= $193.7
Therefore,
Market value of equity = FCFE ÷ (e - g)
= $193.7 ÷ (0.12 - 0.03)
= $2,152.22
<span>It is imperative to have accurate information when completing year end financial statements. If a journal entry and posting for the use of office supplies was omitted in error, the financial statements would not be complete, and the company could possibly lose out on a tax deduction.</span>
Answer:
C. Many decisions are made on the margin
Explanation:
Opportunity cost refers to the benefits foregone of a non chosen alternative when another alternative is chosen.
In the given case, time is a scarce resource and limited. Rajiv has to practice for triathlon which comprises of 3 events. To win the triathlon, he needs to perform well collectively.
If he undertakes to swim more, the time available for other 2 activities need to be sacrificed i.e running and biking. Rajiv has planned to sacrifice biking marginally in the favor of swimming. The lesser an activity is sacrificed, the lower would be it's opportunity cost.
Whereas his wife's approach in short can be called "all or nothing" approach which relates to completely withdrawing from other activities and accepting one activity fully.
Rajiv is trying to make little changes instead of fully giving up on one activity and totally taking up another. This involves lesser cost in the form of opportunity cost, at the same time help him prepare for all three activities efficiently.
I personally would go with Pay off credit card balances in full each month because then you don't have to worry about it next month.
