Answer:
$75.3 million
Explanation:
Data provided in the question:
Shares outstanding = 3 million
Current price = $15 per share
Value of Bonds = $30 million
Selling price of bonds = 101% of par
Now,
Market Value of the firm = Market Value of shares + Market Value of bonds
or
Market Value of the firm = ( 3 million × $15 ) + ( $30 million × 101% )
or
Market Value of the firm = $ 45 million + $30.3 million
or
Market Value of the firm = $75.3 million
Answer:
Instalment receivables (net) of $2,905,600 is the correct answer.
Explanation:
Instalment Receivables ($5,000,000 - $460,000) = $4,540,000
Deferred gross profit ($1,800,000 - $165,600) = $1,634,400
Instalment Receivables (Net) = $2,905,600
Answer:
The correct answer is option d.
Explanation:
Sam is planning to start a pool cleaning company from his home.
He has decided on a radius of 30 miles from his home as a region of operation.
He found that 43% of the homes in the region have a swimming pool.
There are 36,248 homes within a 30-mile radius of Sam’s home.
The amount of potential customers Sam has
= 
= 15,586.64
So, Sam has approximately 15,587 potential customers.
350,000 they got paid per episode
Answer:
Hello your question is incomplete below is the complete question:
On March 1, 2018, Shipley Resources entered into an agreement with the state of Alaska to obtain the rights to operate a mineral mine for $6 million. The mine is expected to produce 100,000 tons of mineral. As part of the agreement, Shipley agrees to restore the land to its original condition after mining operations are completed in approximately five years. Management has provided the following possible outflows for the restoration costs that will occur five years from now:
Cash Outflow Probability
$ 300,000 25
%
400,000 50
%
500,000 25%
Shipley's credit-adjusted risk-free interest rate is 10%. During 2018, Shipley extracted 18,000 tons of ore from the mine. How much accretion expense will the company record in its income statement for the 2018 fiscal year?
A) $30,326.
B) $20,697.
C) $24,837.
D) $27,294.
answer : $20697 (B)
Explanation:
Determine how much accretion expense the company will record in its income statement
from the table
cash flow : $300000 * 25% = $75000
$400000 * 50% = $200000
$500000 * 25% = $125000
At the present value of $1,
number of years (n) = 5
interest (i) = 10% = 0.1
2018 accretion expense will be calculated as
($400000 * 0.62092) * 0.10 * 10/12 = $20697
