Answer:
Option B $1.03
Explanation:
First lets calculate present value = cash flow(PVAF, life, rate) where PVAF = present value annuity factor
= 15(PVAF, 10, 5 years)
from the annuity table
Present value = 15 * 3,790 = $56.8618 million
The decrease in Present value will be $56.8618 million
Decrease in price = present value/number of share = 56.8618/66 = 1.033851 approx $1.03
Answer:
In these years, bones are becoming harder and permanent teeth are forming. Calcium and vitamin D are important to this growth.
Explanation:
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Interest= $1000000
Explanation:
The general structure of an income statement proceeds as follow:
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=EBITDA
Depreciation & Amortization Expense (-)
=Operating Income or EBIT
Interest (-)
Other Expenses (-)
=EBT (Pre-Tax Income)
Income Taxes (-)
=Net Income
<u>In this exercise:</u>
EBIT= $6000000
interest= ?
tax=? (0,40)
EBITDA=$3000000
interest= [EBITDA/(1-t)]-EBIT
interest=3000000/0,60-6000000=-$1000000
EBIT= 6million
Interest= 1million
Tax=2million (EBIT-interest)*0,40
Net income=3million
Bobo's demand curve is elastic hence his purchasing ability is easily influenced by a slight change in the price of the product
