Answer:
$0.32 per share
Explanation:
For computing the lower price per share first we have to find out the average cost per share which is shown below:
1 $400 ÷ $13 = 30.769
2 $400 ÷ $10 = 40.000
3 $400 ÷ $8 = 50.000
4 $400 ÷ $9 = 44.444
$1,600 = 165.213 shares
Average cost per share = Total cost ÷ total number of shares
= $1,600 ÷ $165.213 shares
= $9.68 per share
And, the average price per share is
= ($13 + $10 + $8 + $9) ÷ 4
= $10 per share
So, the lower value is
= $10 per share - $9.68 per share
= $0.32 per share
<span>If Larry sues the original hotel for damages and wins, that hotel will be obliged to cover for any extra costs Larry had because they did not provide him a room he booked plus any costs incurred during the court proceeding.</span>
<span>In theory, Bill can deduct $36000 from his 2016 taxes. However, there are often caps on deductions, so there is really not enough information.</span>
Answer: Expected Return = 12%
Explanation:
Yield on short-term government securities = 4%
The expected return required by the market for a portfolio with a beta of 1 = 12%
Now, according to the capital asset pricing model:
Expected Return = Risk-free rate + Beta × (expected return on the market - risk-free rate)
= 4 + 1 (12 - 4)
= 12%
∴ The expected return on the market portfolio is 12%.
Answer:
b. An increase of $15 million
Explanation:
The computation of the cash impact of the change in working capital is shown below:
As we know that
Working capital = Current assets - current liabilities
So, the change in working capital is
= Increase in current assets - increased in current liabilities
= $40 million - $25 million
= $15 million
Hence, the b option is correct
