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soldier1979 [14.2K]
4 years ago
10

Another way to achieve the same goals as minimum wage and rent control (without keeping markets from reaching equilibrium levels

) is to increase _____ directly.
Business
2 answers:
icang [17]4 years ago
5 0

Answer:

PERSONAL INCOME

umka21 [38]4 years ago
3 0
Another way to achieve the same goals as minimum wage and wage control ( without keeping markets from reaching equilibrium levels) is to increase YOUR PERSONAL INCOME directly.

It's actually a very simple way of thinking. If your salary currently could not afford a certain lifestyle, in order to afford it you could either : Cut back your other expense and re-allocate or simply by getting more money
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Given the following:A firms projected free cash flows of2021 $20 million2022 $30 million2023 $50 millionAfter 2023, the growth r
kow [346]

Answer:

a) $1,300 million

b) $1,115.91 million

c) $112.39

Explanation:

To find horizon value, value of operations, and the stock price we need to go through calculations using appropriate formulas.

DATA

Free CashFlow, 2021 = $20 million

Free CashFlow,, 2022 = $30 million

Free CashFlow,, 2023 = $50 million

Growth Rate = 4%

Cost of Capital = 8%

Value of Long-term Debt = 12 million

Value of marketable securities = $20 million

outstanding shares = 10 million

Working

Free CashFlow,, 2024 = Free CashFlow,, 2023 * (1 + Growth Rate)

Free CashFlow,, 2024 = $50 million * 1.04

Free CashFlow,, 2024 = $52 million

Horizon Value

Horizon Value = Free CashFlow, 2024 / (Cost of Capital - Growth Rate)

Horizon Value = $52 million / (0.08 - 0.04)

Horizon Value = $52 million / 0.04

Horizon Value = $1,300 million

Value of operation

Value of Operations = $20 million / 1.08 + $30 million / 1.08^2 + $50 million / 1.08^3 + $1,300 million / 1.08^3

Value of Operations = $1,115.91 million

Stock price

To find the price per share we need to find the value of equity first

Value of Equity = Value of Operations - Value of Long-term Debt + Value of Marketable Securities

Value of Equity = $1,115.91 million - $12.00 million + $20.00 million

Value of Equity = $1,123.91 million

Price per share = Value of Equity / Number of Shares

Price per share = $1,123.91 million / 10 million

Price per share = $112.39

5 0
3 years ago
When workers go out on a strike not approved by the union, the strike is called a?
igomit [66]
Wildcat strike is where workers just strike without telling the union or getting approval
6 0
3 years ago
____ is when the company and the customer
zzz [600]

Answer:

d. self - actualization

that is my answer

7 0
3 years ago
Read 2 more answers
Beech Company produces a single product. The company has 50,000 units in its beginning inventory. Beech's variable production co
sdas [7]

Answer:

Closing inventory = 54,000 units

Explanation:

<em>The difference between profit under variable costing and under absorption costing is simply the value of the change in inventory.</em>

<em>Usually, a decrease in inventory would cause profit under absorption costing to be lower . This is so because cost of goods sold would become higher leading to a lower profit</em>

Difference in profit = POAR × change inventory

POAR- fixed overhead cost per unit- $10,

Difference in profit - $120,000

let the change inventory be y

120,000 = 30 ×   y

y= 120,000/30

y = 4000 units

Inventory at the end = opening inventory  + change inventory

                               = 50,000 + 4000  

                               = 54,000 units

<em>Note; An increase in inventory will produce a higher profit using absorption costing. Hence, we added the change inventory to the opening inventory, to reflect an increase in inventory</em>

7 0
4 years ago
Suppose the Eastwestern University theater department has received $250,000 from the school's endowment fund to put toward schol
Xelga [282]

Answer: Professor Buckteil's proposal is an example of (Economic efficiency).

Professor Rammer's proposal is an example of (Economic equality)

Explanation:

Professor Bucktell's proposal is economic efficiency. This means when the available resources in the economy are shared using the efficient mean possible and the best possible operation that's available.

Professor Rammer's proposal is economic equality. This refers to when everyone is given a fair and equal chance. There's a level playing field for everyone. This can be seen when he said that the money of up to $10,000 scholarships should be given to the 25 applicants to the program with the most financial need, regardless of talent.

6 0
3 years ago
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