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3 years ago

A good reason for cutting meats and poultry into thin slices for sandwiches is that

1 answer:

7 0

<span>A good reason for cutting meats and poultry into thin slices for sandwiches is that thin cuts are more delicate, a sandwich produced using dainty cuts is less demanding to eat and many thin cuts make a thicker sandwich than maybe a couple thick cuts of a similar aggregate weight.</span>

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Dropshot Corporation stock currently sells for $64.53 per share. The market requires a return of 8 percent on the firm’s stock.

Debora [2.8K]

Answer:

D=$1.52914

The most recent dividend per share paid on the stock is $1.52914.

Explanation:

Formula we are going to use is:

$P=D*\frac{1+g}{r-g}$

Where:

P is the current selling price

D is he recent dividend per share

g is the growth rate

r is the rate of return

Above formula will become:

$D=\frac{P*(r-g)}{1+g} \\D=\frac{\$64.53*(0.08-0.055)}{1+0.055}$

D=$1.52914

The most recent dividend per share paid on the stock is $1.52914.

7 0

4 years ago

If a family spends its entire budget in a given time frame, the family can afford either 15 movie nights or 8 restaurant meals.

enot [183]

Answer:

The correct answer is 0.533 restaurant meals.

Explanation:

The two goods consumed by the family mentioned here are movie nights and restaurant meals.

The family can afford either 15 movie nights or 8 restaurant meals out of their total budget.

The opportunity cost of 15 movie nights = 8 restaurant meals

The opportunity cost of 1 movie night

= $\frac{8}{15}$

= 0.533 restaurant meals

3 0

4 years ago

You estimate Bayleaf Inc. has free cash flows of $70 million arriving in 1 year, $74 million in 2 years, and $80 million in 3 ye

Tcecarenko [31]

Answer:

If no information of how many years expected for the FCF in Bayleaf, then I assume you expect FCF in 4 years only.

Then the Enterprise Value of Bayleaf is nil, since its valuation is negative of roughly $19,871.

However if we expect to have FCF in 20 years, in which the growth rate of FCF in year 4th is 3% year on year, then the valuation of Bay Leaf Inc. is roughly $347 million.

Explanation:

The valuation of enterprise is Net present value (NPV) of Free Cash Flow (FCF) minus its Net Debt

In the NPV, the discount rate is weighted average cost of capital (WACC); thus we can calculate NPV of FCF in Bayleaf by this function in excel = NPV(14%,70000,74000,80000) = $221,129,242

Then the valuation of company if considering FCF in 4 years is ($19,871)= NPV of FCF – Net Debt = $221,129,242 - $241,000,000

Please see excel attached for your details.

Download xlsx

5 0

3 years ago

Problem 7-25 (Algorithmic) George Johnson recently inherited a large sum of money; he wants to use a portion of this money to se

Setler [38]

Answer:

optimal solution is 0.6B + 0.4S

highest possible yield = 13.4%

Explanation:

we have to maximize 0.09B + 0.2S

where:

B = amount invested in bonds

S = amount invested in stocks

constraints:

B ≥ 0.6

B + S = 1

S ≥ 0

0.09B + 0.2S ≥ 0.085

using solver, the optimal solution is 0.6B + 0.4S

the portfolio's yield = (0.6 x 0.09) + (0.4 x 0.2) = 5.4% + 8% = 13.4%

7 0

3 years ago

Cuso Company purchased equipment on January 1, 2016, at a total invoice cost of $400,000. The equipment has an estimated salvage

grigory [225]

Answer:

D. $156,000

Explanation:

Cost = $400,000

Residual value = $10,000

Useful life = 5 years

Now,

Annual straight line depreciation = $\frac{Cost-Residual Value}{Useful life}$

Annual straight line depreciation = $\frac{400,000 - 10,000}{5}$

Annual straight line depreciation = $\frac{390,000}{10}$

Annual straight line depreciation = $78,000

Annual depreciation expense is transferred to the accumulated depreciation. Thus, accumulated depreciation is sum of depreciation expense charged over the useful life of the asset.

Depreciation table has been constructed to compute the accumulated depreciation on 31st December 2017.

5 0

3 years ago