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2 years ago

The goal of the managers of a publicly owned company should be to maximize the firm’s.

Business

1 answer:

Rainbow [258]2 years ago

7 0

The goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

<h3>What is a publicly owned company?</h3>

A public company, also known as a publicly traded company, publicly owned company, publicly listed company, or public limited company, is a company whose stock is freely listed on a stock exchange or in over-the-counter marketplaces.
A public (publicly traded) company may or may not be listed on a stock exchange (listed company), which facilitates share trading (unlisted public company).
Public companies of a certain size must be listed on an exchange in some jurisdictions.
In most cases, public companies are private enterprises in the private sector, and the term "public" emphasizes their public market reporting and trading.
A publicly traded company's managers should strive to maximize the firm's common stock value.

Therefore, the goal of the managers of a publicly owned company should be to maximize the firm’s common stock value.

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The marginal revenue product of labor is equal to the product of: Group of answer choices the marginal product of labor and the

sergey [27]

Answer:

the marginal revenue per unit of output and the marginal product of labor

Explanation:

Marginal revenue product -

It is the market value of one of the additional unit of output , is known as marginal revenue product also called the marginal value product .

The calculation for marginal revenue product is calculated by the multiplication of the marginal revenue with the marginal product of the labor .

MRP = MR * MPL

Where ,

MRP = Marginal revenue product

MR = marginal revenue

MPL = marginal product of the labor .

4 0

4 years ago

Your Company makes and sells a single product. Each unit sells for $32 dollars and has a unit variable cost of $20. The company

andre [41]

Answer:

Your Company

The cash that must be borrowed to cover all cash disbursements and to obtain the required November 30 cash balance is:

= $18,000.

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Variable cost per unit = $20

Contribution margin per unit = $12 ($32 - $20)

Beginning cash balance on November 1 = $45,000

Cash disbursements = $1460,000

Depreciation expense = $35,000

Minimum required cash balance on November 30 = $75,000

Budgeted sales units for November = 46,000

Sales revenue (cash) = $1,472,000 (46,000 * $32)

Variable costs = 920,000 (46,000 * $20)

Contribution margin = $552,000 (46,000 * $12)

Cash Budget

For the month of November

Beginning cash balance $45,000

Total cash collections = 1,472,000

Cash available $1,517,000

Cash disbursements (1,460,000)

Cash balance $57,000

Cash to borrow 18,000 ($75,000 - $57,000)

Minimum cash balance $75,000

3 0

3 years ago

Ryan sends Michael a letter of intent for the purchase of a tract of land. The letter of intent outlines the purchase price, the

Diano4ka-milaya [45]

Answer:

The correct answer is b. The letter of intent is an invitation to negotiate, which is not an offer.

Explanation:

The letter of intent is a document that is written as a pre-agreement between two people or two entities that have the commitment and the intention to proceed further and formalize a contract. They resemble a contract, but unlike these, it is not binding.

We may think that the fact that the letter of intent is not binding makes it lose its value or its usefulness as a practical tool. But the reality is that it serves as proof of will, and such proof may be sufficient proof for other clients or other participants to decide to withdraw.

In addition, the letter of intent itself implies the existence of a negotiation, where those easier questions usually appear, by mutual agreement. Leaving for the real contract, those more complex issues that require more negotiation.

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3 years ago

A new law has been enacted increasing the penalty for drunk driving in order to reduce the number of alcohol related traffic fat

ycow [4]

The experimental stimulus in this project would be the new law. In psychology, a stimulus is anything or scenarios that obtain a sensory or behavioral response. The new law that implemented was effective for the traffic violators in the city and could save the lives of innocent people.

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3 years ago

Lincoln Park Co. has a bond outstanding with a coupon rate of 5.96 percent and semiannual payments. The yield to maturity is 5.3

Gnom [1K]

Answer:

Market price of bond = $2,166.30

Explanation:

Step 1

Calculate the interest payment per 6 months and number of periods

Interest rate per 6 months = (5.96% × 2000)/2 = 59.6

Number of periods = 19 × 2 = 38 periods

Step 2

Calculate the Present Value (PV) of the interest payment

Yield per six month = 5.3%/2 = 2.65%

PV = A × (1+r)^(-n)

= 59.6× ( (1.0265)^(-38)/0.0265 )

= 59.6 ×23.7685

= $1,416.60

Step 3

Calculate the PV of the Redemption Value (RV)

PV = RV × (1+r)^(-n)

= 2000 × (1.053)^(-19)

= 749.705925

Market price of Bond =1,416.60 + 749.70

= $2,166.30

Market price of bond = $2,166.30

3 0

4 years ago