C. A worker who styles hair.
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Answer:
The book value per share is $7 and there are a total of 6 million shares which means in order to find the equity value of the company we need to multiply the book value per share and the total number of shares.
So the value of equity is $42 million
The debt of the company is 70 million plus 50 million = $120 million
The total capital of the company is 120 million plus 42 million = $162 million
The Equity/Value = 42/162=0.2592=25.92%
The Debt/Value= 120/162=0.7407= 74.07%
Explanation:
Promotional mix is is the message conveyance that a business owner uses to sell his or her product .
<h3>What is promotional mix?</h3>
A promotional mix involves using marketing methods such as advertising, sales, public to achieve marketing goal.
The promotional mix is important to increase sales and to get larger marketing mix.
Learn more about promotional mix at;
brainly.com/question/14037774
Answer: Composition
Explanation:
The company owes $150,000 and would pay $0.50 on every dollar immediately.
The cash payment required of the company would therefore be:
= Amount of debt in $ - Amount to be paid per dollar.
= 150,000 * 0.5
= $75,000
Timing of payment is immediately.
A composition refers to an agreement between a debt and its creditors that would allow it to pay off part of its debt in lieu of the total value. This is usually done when the debt risks being insolvent or bankrupt but can still pay off part of its debt.
The agreement would enable it pay off some of the debt and the entire debt would be written off. The benefit to the debtor is that they avoid bankruptcy and the benefit to the creditor is that they get more than they would have gotten had bankruptcy been declared.
A composition is what happened here as a part of debt was paid to satisfy the full thing.
