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V125BC [204]
3 years ago
7

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of direct

ors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. The company has 445,000 shares outstanding, and the stock currently sells for $54, If there are four seats in the current election, how much will it cost you to buy a seat?
Business
1 answer:
nignag [31]3 years ago
3 0

Answer:

It will cost you $12,015,054 to buy a seat.

Explanation:

cost to buy a seat = number of shares to be owned*cost per share

                              = (one half of outstanding shares + 1)*cost per share

                              = (445,000/2 + 1)*$54

                              = $12,015,054

Therefore, It will cost you $12,015,054 to buy a seat.

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Glinda opens a magic shop and, on Jan. 14, 2011 contracted with Fiyero to supply her with potions that can change someone's skin
Tom [10]

Answer:

The likely outcoe could be,

Likely be:

- Glinda will win, because the statute of limitations starts to run on the date, she filed a suit, i.e. Feb.22, 2014.

- Glinda will win, because the statute of limitations starts to run from the time that the she discovered the breach, i.e. Jan. 17, 2014.

Likely not be:

- Glinda will lose, because the statute of limitations ran on Jan. 13, 2013, i.e. two years after the date the contract was entered on Jan. 14, 2011.

-Glinda will lose, because the statute of limitations requires a demonstration of attempt to cure.

7 0
3 years ago
Assume a $1,000 face value bond has a coupon rate of 8.5 percent, pays interest semi-annually, and has an eight-year life. If in
fomenos

Answer:

Explanation:

In order to calculate he present value or worth of this bond we woulñd have to make the following calculations:

Face value (FV) $  1,000.00

Coupon rate 8.50%

Number of compounding periods per year 2

Interest per period (PMT) $ 42.50

Number of years to maturity 8

Number of compounding periods till maturity (NPER) 16

Market rate of return/Required rate of return per period (RATE) 5.00%

Therefore, Bond price= PV(RATE,NPER,PMT,FV)*-1

Bond present worth=$918.72

The present value or worth of this bond is $918.72

5 0
3 years ago
Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
Sveta_85 [38]

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals              6.20

Direct labor                     2.80

variable overhead           1.45

sales commisions            1.00

adminsitrative variable<u>   0.55  </u>

total variable cost         12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

5 0
4 years ago
Pat has a savings account and a car loan from a not-for-profit financial institution owned by its members. She is probably a mem
tangare [24]
<span> The fact that Pat has a savings account and a car loan from a not-for-profit financial institution owned by its member , means that </span>Pat is probably a member of the financial institution: Credit Union. This type of financial institution is created and operated by its members (the members are <span>depositors, borrowers, and shareholders.</span>
8 0
4 years ago
Frederick taylor’s work in management was instrumental in using engineering principles to
BigorU [14]

Fredrick Taylor's work in management was instrumental in using engineering principles to the work performed on the factory floor. This way he established a discipline called Industrial Engineering.

Taylor was a mechanical engineer who wanted to improve efficiency in the industry. He is considered as the father of Scientific Management. Taylor supported giving management more power over the workforce. He set out to make a stronger separation between manual labor and mental(planning) labor (executing work). Management was required to create and provide to the workforce detailed plans that outlined the task and how it was to be completed.

Nevertheless, his system's implementation was frequently despised by the workforce, which led to repeated strikes.

Learn more about Fredrick Taylor's Scientific Management here:

brainly.com/question/28149336

#SPJ1

4 0
1 year ago
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