Answer:
Enterprise value = $ 3,033
Explanation:
The enterprise value is full value of business. It includes total equity and debt. However cash and cash equivalent are not included in it. Detail calculations are given below.
Enterprise Value = Market value of equity/common stock + Total debt- Cash
MV of equity = 24.5 * 118 = $ 2,891
Total Debt = 688/2*3 = $ 1,032
Cash = ($ 890)
Enterprise value = $ 3,033
Bc all the x’s are all different #
Answer:
C. Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable
Explanation:
From the question we are informed about Acme Securities Inc. which s registered as a broker-dealer in the State of Utah under the Uniform Securities Act. Acme wishes to begin charging customers a fee for managing accounts on a discretionary basis.
in this case the statement that is TRUE is "Acme Securities Inc. may charge a management fee if it registers in the State as an investment adviser and the charges are fair and reasonable"
The Uniform Securities Act can be regarded as a model law set up as a starting point as far as state-level securities regulation is concerned. The law was put in place so that securities fraud can be dealt with at the state level and render assistance to Securities and Exchange Commission (SEC) so that enforcement and regulation hold firmly.
Answer:
Which of the following statements best decribes an indirect cost?
An indirect cost is assigned to a cost object using allocation
Explanation:
A cost or expense that is not directly traceable to a department, product, activity, customer, etc. As a result indirect costs and expenses are often allocated to the department, product, etc.
Answer:
The answer is (B) how quickly the prices are rising