Answer:
AAA Inc. and ZZZ Inc.
AAA Inc ZZZ Inc.
Equity value = $127.5 million $197.2 million
Explanation:
a) Data and Calculations:
AAA Inc ZZZ Inc.
Annual earnings before interest and taxes $11.1 million $11.1 million
Annual interest (5% of $59 million) $2.95 million
Income taxes $0 $0
Annual dividends payments $8.15 million $11.1 million
Annual retained earnings $0 $0
Current market value of debts $59 million $0
Outstanding shares 1.7 million 3.4 million
Market price per share $75 $58
Equity value = (outstanding shares * market price)
= $127.5 million $197.2 million
(1.7 million * $75) (3.4 million * $58)
Total assets $186.5 million $197.2 million
Answer:
Direct Marketing
Explanation:
These companies and many more rely on selling door to door, using home sales parties, etc. They do not involve huge media campaigns. They are pretty much focused on their investments in advertising. Since they normally know better who are they're targetting.
Answer:
Acceptance
Explanation:
Since in the situation it is given that Jamie renting a ranch for a years to Montana but she is ready for change of scenery. also she dont want to end the contract entirely so instead of ending the contract she asked the same to his brother. His brother agrees to the contract so here the given situation represent an example of an acceptance as he is ready and responsible to the terms of the contract
Answer:
Management alternatives could be compared based on how they impact ... Ultimately, identifying a widely acceptable solution requires that each ... It might be agreed that the cost elements of the decision problem are ... It may be desirable during a later step in the decision process to convert other impacts into dollars.
Generally, in situations such as this where one person enters into a competition with a company or corporation with an explicitly defined prize, this constitutes a unilateral contract. Unilateral contracts are defined by the offering of a reward for a specifically defined act, and this contract is accepted when the contractee completes the act. In this case, Rocky Mountain Races, Inc., and Monica did have a uniform contract. Furthermore, because Monica entered the race and was declared the winner, she fulfilled her end of the contract thus accepting the contract (and qualifying for the reward from the contractor). However, because Rocky Mountain Races, Inc., included a provision that they could change the terms of the race at any time, Monica isn't entitled to the $10,000 reward, she is entitled to whatever reward Rocky sees fit.
