Answer:
Decrease in value of company due to expected bankruptcy cost = $414,000
Explanation:
As per the data given in the question,
According to M & M proportional I with taxes,
Levered firm value is = Equity + Debt
= $29,900,000 + 0.22 × $6,200,000
= $31,264,000
Market value of the firm = market value of debt + market value of equity
= $6,200,000 + 425,000 × $58
= $30,850,000
Decrease in value of company due to expected bankruptcy cost = $31,264,000 - $30,850,000
= $414,000
Usability
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Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
<h3>What is financial statement?</h3>
Financial statement help to summarize the financial position of a business and it as well help to show the day to day transaction of a company or day to day activities of a business at a particular period of time.
Financial statement of a company can be prepared more that once in a year and financial statement may tend to have fiscal year end that is other than last month of the year which is 31st December.
Therefore Financial statements can be prepared : b. may be prepared more than once a year; c. may have a fiscal year end other than December 31.
Learn more about financial statement here:brainly.com/question/21307159
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The complete question is:
Financial statements ______. (Select all that apply.)
a. must have a calendar year end of December 31
b. may be prepared more than once a year
c. may have a fiscal year end other than December 31
d. are prepared just once a year
It is possible 1 may sell more than the other or may be somewhat equal I would say false because the companies have different strategies they may each do better things than the other in certain aspects. I would say False but I apologize if I am wrong
Answer:
E. functional innovation
Explanation:
Functional innovation -
It is the method by which the any problem is solved by using creative and innovative method , is known as functional innovation.
This method is adapted by organisation for stand apart in the competitive market , by using new , innovative and creative methods.
Hence , from the question,
Trackanddeliver.com deliver the product to the peoples exact location , uses the method of functional innovation.
