1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
2 years ago
10

Solid rock is an unlevered firm with an ebit of $10 million and an unlevered cost of capital of 12 percent. if the tax rate is 4

0 percent, what is the value of the firm?
Mathematics
1 answer:
saveliy_v [14]2 years ago
8 0

The value of the firm is $50 million

<h3>How to determine the value of the firm?</h3>

The given parameters are:

EBIT = $10 million

Tax Rate, Tc = 40%

Unlevered cost of capital, RU = 12%

The value of the firm is calculated as:

Value = EBIT*(1 - Tc)/Ru

This gives

Value = 10 million *(1 - 40%)/12%

Evaluate the expression

Value = 50 million

Hence, the value of the firm is $50 million

Read more about tax rate at:

brainly.com/question/12395856

#SPJ1

You might be interested in
Xavier can work no more than 40 hours in a week. He has already worked 24 hours this week. What is the maximum number of 8-hour
Archy [21]

Answer:

He can work a maximum of 2 8-hour days for the remainder of the week

Step-by-step explanation:

Firstly, from the question, we are made to know that the maximum work hours is 40 hours.

Now, we know that he has already worked 24 hours this week, the number of hours remains to work will be 40-24 = 16 hours

Now, given that his working hour is 8-hours per day, we want to know the number of days he has to work for the remainder of the week

Mathematically, that would be 16 hours divided by 8-hours days

That is 16/8 = 2

4 0
3 years ago
Read 2 more answers
The table shows the Grades that students received on a test what fraction of the students scored an A or B on the test
Triss [41]
Okay. So, 15% is 15/100 and 33% is 33/100. 15 + 33 is 48. You leave the denominator the same, so the fraction is 48/100. However, the fraction needs to be simplified. Whatever you do to the numerator, we must do to the denominator. We can divide both numbers by 4 to get the simplified fraction form. 48/4 is 12. 100/4 is 25. There. The simplified fraction is 12/25. The answer is H: 12/25.
5 0
3 years ago
Write all the numbers that round to 50 80 and 240
Alla [95]
240: 35,236,237,238,239,241,242,243,244
6 0
3 years ago
Read 2 more answers
I NEED HELP PLEASE !!!
Igoryamba

Answer:

64

180 - 65 - 51 = 64

6 0
3 years ago
3(x+10)=2(2x+16) help please &amp; thank you
andrew-mc [135]
In this question, you have to isolate <em>x</em>.

First, use the distributive property.

3x+30=4x+32

Now that you have distributed, subtract the constants. 


7 0
3 years ago
Other questions:
  • What is another way to write the ratio 3 to 10 ?
    15·1 answer
  • Mark has 36 drawings of horses and 4 drawings of spaceships. write and solve an equation to find how many times as many drawings
    6·2 answers
  • Use graph paper and a straightedge to draw the figure. Which best describes the polygon whose vertices in the coordinate plane a
    9·1 answer
  • You buy butter for $3.88 a pound.
    14·1 answer
  • An artist makes 50 note cards. She puts the note cards in packages to sell. She puts 5 note cards in each package. She sells all
    5·1 answer
  • Please answer this thank youuuu
    7·1 answer
  • Ok last one for today that I cant figure out <br> (6c - 4) - ( c - 3) c = -7 Ty!
    9·1 answer
  • Question number five
    11·1 answer
  • Please help<br><br>abd=58 and bdc=32 what is the measure of adb​
    12·1 answer
  • What is the domain and range???
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!