Answer:
$14.35
Explanation:
Firstly, we need to calculate enterprise value (EV) of this company, which is equal to present value of all free cashflows (CF):
- Terminal value of free cashflow at year 3 = Year 4 CF/(Cost of capital - Long-term growth) = [329 x (1 + 5.7%)^2 x (1 + 2.1%)]/(13.3% - 2.1%) = $3,350.84
- EV of the company = 329/(1 + 13.3%) + [329 x (1 + 5.7%)]/(1 + 13.3%)^2 + [329 x (1 + 5.7%)^2 + 3,350.84]/(1 + 13.3%)^3 = $3,117.91
Secondly, we calculate equity value as below:
EV = Equity value + Net debt = Equity value + (Debt - Cash), or:
3,117.91 = Equity value + (64 - 18), or Equity value = $3,071.91.
Finally, stock price of the company = Equity value/Number of shares = 3,071.91/214 = $14.35.
Answer: Duress
Explanation: Defense of duress can be seen as. Circumstance whereby an individual carries out an act as an outcome of turmoil, threat or any other coercion against the individual.
It is a criminal practice of forcing another person to behave in an involuntary way either by use of conveyed intent to inflict damage or loss on another individual or force. In this case, Justin can assert the defense of duress if he is being brought to law because Andrew held a gun to his head and forced him against his will to steal from the company.
Answer:
$1,364
Explanation:
According to the MACRS a rental house is classified as the 27.5 year residential property. It is the first year after purchase and August is the 8th month of 2019 and so according to the MACRS depreciation table for the residential property the rate applicable for this property is 1.364%. Maximum depreciation deduction for the year 2019 is
Cost of House = $174,000
Cost of Land = $74,000
Cost of Building = $100,000
As depreciation on land is not applicable because it does not depreciate. The depreciation will be calculated using Building value
Depreciation = $100,000 x 1.364% = $1,364
Answer:
Ideally, the amount of the social security payout depends on the average lifetime earning of the residents of the country. The government averages the earning and then finalizes on the amount to be paid by each of the resident. If the payroll tax increases, in the longer run a few workers will get affected but, in the short run the increase has its immediate effect on 92% of the workers. Out of the 92%, 78% have a phase out option whereas 48% of them are under the as-needed scenario.
But, the longer a rate increase is delayed, the higher the increase in lifetime taxes for later generations. Workers born1936–1990 would have higher increases in lifetime taxes under an immediate rate rise, workers born 1996–2005 would generally have higher increases in lifetime taxes under phased increases, and workers born 2006–2015 would have higher increases in lifetime taxes under as-needed increases. The future workers would experience the smallest tax increases under the immediate option. Lifetime taxes for workers born 2011–2015 would rise 16 percent under an immediate increase, 27 percent under phased increases, and 33 percent under as-needed increases.
Thus,The increase in the payroll taxes will increase the cost for the people at different income level, as it is calculated on the basis of the income of the individual. As the women are paid lesser than their male counterparts, it can be said that the male population will be affected more by the increase in the social security payout.
Explanation:
Answer:
$84,000
Explanation:
The computation is shown below:
Particulars Order Size Customer support Other Total
Manufacturing overhead $24,000 $408,000 $48,000 480000
Selling and administrative
expenses $60,000 $20,000 $20,000 $100,000
Total $84,000 $428,000 $68,000 $580,000
The allocation of manufacturing overhead is done in 5% 85% 10% 100%
The allocation of selling and administrative expense is done is 60% 20% 20% 100%
