Answer: See explanation
Explanation:
a. What was the initial cost to Mitchell Labs to go private?
This will be calculated as:
= Price per share × Number of shares
= $17.50 × 3.3 million
= $57.75 million
b. What is the total value to the company from (1) the proceeds of the divisions that were sold, as well as (2) the current value of the 3.30 million shares (based on current earnings and an anticipated P/E of 12)?
This will be calculated as:
= $13.5 Million + $9.25 Million + $23 Million + [(12 X $ 1.40) × 3.3 Million]
= $45.75 Million + $55.44 Million
= $101.19 Million
c. What is the percentage return to the management of Mitchell Labs from the restructuring?
This will be calculated as:
= {$101.19 Million - $57.75 Million} /$57.75 Million
= $43.44/$57.75 × 100
= 0.7522 × 100
= 75.22%
Answer:
erm
Explanation:
The more supply, the less demand. The less supply, the more demand.
Answer:
Problems: many times ideas emerge as a way to solve existing problems or satisfying unsatisfied needs.
Technological innovations: new technologies can inspire new ideas or ways to do business, e.g. Amazon would not exist without the internet.
Change: changes in society, new regulations or laws also result in new ideas, e.g. the lockdown resulting from the current health crisis resulted in many business coming up with new ideas to change the way they work.