1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svet-max [94.6K]
2 years ago
11

Tropetech Inc.’s FCFs are expected to grow at a constant rate of 4.62% per year in the future. The market value of Tropetech Inc

.’s outstanding debt is $4,894 million, and its preferred stocks’ value is $2,719 million. Tropetech Inc. has 225 million shares of common stock outstanding, and its weighted average cost of capital (WACC) equals 13.86%.Find the total firm value ?
Business
1 answer:
weeeeeb [17]2 years ago
6 0

Answer:

The total firm value is $10,877 million

Explanation:

Value of Firm = Expected FCF/(WACC - Growth Rate)

                       = $1,005 million/(0.1386 - 0.0462)

                       = $1,005 million / 0.0924

                       = $10,877 million

Therefore, The total firm value is $10,877 million

You might be interested in
If a firm's promotional budget were extremely limited, for which of the following reasons would it be more likely to rely on per
alexgriva [62]

Answer:

It is easier to measure a salesperson's effects on sales than advertising's effects on sales is the correct answer.

Explanation:

4 0
2 years ago
The manager of Plantation River Country Club wanted members of the very upscale club to use the bar and dining facilities more f
Korvikt [17]

Answer:

The correct answer is B

Explanation:

Responsive is the measure of the quality as well as speed at which the company provides the customer service and the communication.

For example, if the customer who drop the mail enquiring about particular information regarding a service or a product. And, the response for the enquiry could be traced out from how quick the company could reply or responsive to the mail along with the desired information.

So, in this case, the manager did not grasp the responsive in order to make his target market.

7 0
3 years ago
in the two-period model, if consumption in both periods is a normal good, then an increase in income in period two: does not inc
Readme [11.4K]

Answer:

increases consumption in both periods.

Explanation:

A normal good is any product or service whose demand increases as consumers' income increases. The demand for a normal good will also increase due to the improvement in economic conditions in an economy.

A normal good is regarded to be of high utility value. Its consumption provides consumers with greater satisfaction. As a result, if consumer's income increase, demand for normal goods increases. Should consumption increase in a period, the demand will increase. The demand will continue to rise if incomes increase.

5 0
3 years ago
The concept "bureaucracy" refers to
Vera_Pavlovna [14]

Answer:

d. An organizational model rationally designed to perform task efficiently.

Explanation:

Bureaucacy is an organization plan that performs daily activities like division of labour, has standardize processes and responsibilities. In bureaucracy, there is relationship between employees, hierarchies and duties are clearly spelt.

An example of bureaucracy is car production department. The department involves so many processes, division of labour and interpersonal relationships among employees.

Thus, bureaucracy tends to perform tasks efficiently due to a number of inputs required to complete the process.

6 0
2 years ago
TB MC Qu. 04-99 K. Canopy, the proprietor of Canopy Services... K. Canopy, the proprietor of Canopy Services, withdrew $6,200 fr
Svetlanka [38]

Answer:

Debit K Canopy, Capital $6,200;

Credit K Canopy Withdrawals $6,200

Explanation:

With regards to the above, the entries to close the withdrawals account at the end of the year would be;

Debit K Canopy, Capital $6,200

Credit K Canopy Withdrawals $6,200

Capital is being debited because cash is being taken from the business, hence it will be debited, while withdrawal account would be credited since its receiving cash.

4 0
2 years ago
Other questions:
  • Please Help! My teacher is very vague on his website that I normally use for the answers on his worksheets.
    15·1 answer
  • The Accumulated Depreciation account is shown on the balance sheet as a liability. 1. is a contra asset account with a credit ba
    12·2 answers
  • N article published in the washington post claims that 45 percent of all americans have brown eyes. a random sample of n=78 coll
    15·1 answer
  • Seeing these questions my school makes us seem uneducated
    11·1 answer
  • Which of the following accurately explain the importance of the ceteris paribus assumption for an economic model? Check all that
    15·1 answer
  • John Den Bear Company had a $150,000 beginning balance in Accounts Receivable and a $6,000 credit balance in the Allowance for D
    6·2 answers
  • If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
    7·1 answer
  • Which expense is a direct cost in the product costing of a fabric manufacturer?
    12·1 answer
  • Aulman Inc. has a number of divisions including a Furniture Division and a Motel Division. The Motel Division owns and operates
    15·1 answer
  • A perfectly elastic supply curve is: Group of answer choices upward sloping to the right. vertical. horizontal. downward sloping
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!