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1 year ago

Financial managers should strive to maximize the current value per share of the existing stock to:_____.

1 answer:

6 0

Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.

<h3>What is the functions of the Financial managers?</h3>

Financial managers can be described as the type of managers that are responsible for the financial health of an organization.

They help in the creation of the financial reports as well as directing investment activities, and develop plans , hence Financial managers should strive to maximize the current value per share of the existing stock to represent the interests of the current shareholders.

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Rusty Corporation purchased a rust-inhibiting machine by paying $56,500 cash on the purchase date and agreed to pay $11,300 ever

kolbaska11 [484]

Answer:

Find the multiple choices below:

A) 133,900

B) 82,400

C) 123,803

D) 79,323

The correct option is D,79,323

Explanation:

The liability to be reported can be ascertained by using the pv formula in excel.

The pv implies present value of future cash flows of $11,300 every three months.

The applicable formula is :=-pv(rate,nper,pmt,fv)

the rate is quarterly rate of 12%/4=3%

nper is the number of times the $11,300 would be paid 2*4=8 times

pmt is the quarterly payment of $11,300

fv is the future value which is unknown and taken as zero

=-pv(3%,8,-11,300,0)

pv=$79,322.52

This is the liability that would be shown on the balance sheet after the initial payment of $56,500

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3 years ago

Assume that the price of a European call expiring in six-month with a strike price of $30 is $2. Suppose that the underlying sto

Komok [63]

Answer:

correct option is c. $2.51

Explanation:

given data

strike price of $30 = $2

underlying stock price = $29

dividend = $0.50

risk-free rate = 10%

solution

we use here pit call parity that is

c - p = s - k $e^{-rt}$ -D .....................1

S is current price and c is call premium and r is rate and t is time

so price of put p will be

p = c-s + k $e^{-rt}$ + D

put here value and we get

p = 2 -29 + 30 $e^{-0.1*0.5}$ + 0.5 $e^{-0.1*2/12}$ + 0.5 $e^{-0.1*5/12}$

p = 2.508

p = $2.51

so correct option is c. $2.51

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3 years ago

IS THE ANSWER STILL A OR IS IT SOMETHING ELSE

miv72 [106K]

You do not have a question posted, so we cannot answer.

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Target costing: Determines cost based on an expected market demand for the product. Determines cost based on standard cost. Dete

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Answer:

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Explanation:

Target costing can be regarded as an approach that allows to know

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