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klio [65]
3 years ago
14

kelly is training for one marathon in week one she runs 7 miles in week two she runs 10 miles in week 3 she runs 13 miles given

that she keeps the same pattern find the total distance kelly has run after practicing for 7 weeks
Mathematics
1 answer:
Usimov [2.4K]3 years ago
7 0

Answer:

25 miles on week 7

Step-by-step explanation:

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17. New Schools expects an EBIT of $100,000 every year forever. The firm currently has no debt, and its cost of equity is 10 per
Natali5045456 [20]

Answer:

$880,000

Step-by-step explanation:

First note that the full meaning of EBIT is earning before interest and tax.

When the company does not have debt, it called unlevered (VU), while a company that has debt is called levered (VL) company. The VU and the VL of the company can be calculated using the VU and VL formula as follows:

Step 1. Calculation of VU

VU = [EBIT × (1 - tax rate)] ÷ cost of equity

       = [$100,000 × (1 - 0.20)] ÷ 0.10

       = [$100,000 × 0.80] ÷ 0.10

       = $80,000 ÷ 0.10

       = $800,000

Step 2. Calculation of VL

VL = VBC + (tax rate × conversion rate × VU)

        = $800,000 + (0.20 × 0.5 × $800,000)

        = $800,00 + $80,000

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Therefore, the value of the firm will be $880,000 if it is converted to 50 percent debt.

3 0
3 years ago
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