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wel
3 years ago
8

For the CAPM model, what beta should I choose for a beverage company:average beta for that industry, unlevered beta or unlevered

beta corrected for cash? What is the difference between these 3 betas?
Thank you.
Chemistry
1 answer:
Artemon [7]3 years ago
4 0
In order to do that procedure you will need to <span>pass from a leverred beta to an unleverred cash adjusted beta. The forst step is to unlever the normal beta: Unlevered beta = Beta / (1 + (1-tax rate) D/E) The second step would be to correct for cash: Cash-adjusted beta = Unlevered beta / (1 – Cash/ Firm Value), where firm value is market value of equity + market value of debt. Each one of the three betas is different: 1) </span>Average beta of the industry= beta levered and includes the debt to equity of the industry. 2)  Unlevered beta includes cash: since you are discounting FCFF or FCFE to get PV of operations you are usinga discount rate that doesn't take cash into account since cash is considered a non-operating asset and 3) <span>Use beta unlevered adjusted for cash (i.e without the impact of cash) to get the PV pf FCFF or FCFE and then add to this PV the cash balance.
I think this info can help you greatly</span>
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Answer: <u>Carbohydrates, proteins, lipids, and nucleic acids. </u>

Explanation: The main four basic substances are carbohydrates (elements carbon (C), hydrogen (H), and oxygen (O), lipids, proteins, and nucleic acids. Which all happen to be organic compounds as well.

Hope this helps! :)

3 0
3 years ago
Please help asap :(
Ludmilka [50]

Answer:

6.32g

Explanation:

The mass of 1 mol of K is 40g, and the reaction needs 2 moles of K to produce 2 moles of KCl, so it needs 80g of K to produces 151g of KCl.

So you make a rule of three:

x = 3.35•151/80

x = 6.32g

3 0
3 years ago
What is carbon dioxide water and light energy converted into the process of photosynthesis
lesantik [10]

Answer:

Glucose(Sugars) or C6H12O6

Explanation:

5 0
3 years ago
The vertical columns on the periodic table are called groups, how many groups are there on the periodic table?
Kitty [74]
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5 0
4 years ago
Calculate the percent ionization of a 0.15 M benzoic acid solution in pure water and in a solution containing 0.10 M sodium benz
Hoochie [10]

Answer:

% ionization for benzoic acid = 0.08%

% ionization for sodium benzoate = 2.5%

The percentage ionization differ significantly because benzoic acid is a weak acid while sodium benzoate is a salt of benzoic acid. Their extent of dissociation also differ because they were compared in different solutions

Explanation:

Ka for pure water = 1.0 * 10-⁷

Ka for sodium benzoate = 6.5*10-⁵

1. For benzoic acid (C6H5COOH)

C6H5COOH ==== C6H5COO‐ + H+

0.15M 0 0

0.15-x x x

Ka = [C6H5COO-] [H+] / [C6H5COOH]

Ka = [X] [X] / 0.15 - X

1.0*10-⁷ = [X]² / 0.15 - x

But x is negligible compared to 0.15,

(1.0*10-⁷)*0.15 = x²

Take square root of both sides,

X = 1.22 * 10-⁴

% ionization = ( [H+] / [C6H5COOH] ) * 100

% ionization = (1.22*10-⁷ / 0.15) * 100

% ionization = 0.08%

2. For C6H5COONa

Note: I will not repeat the same procedure of dissociation again since they're basically the same just the difference in ions

Ka for C6H5COONa = 6.5*10-⁵

6.5*10-⁵ = [X]² / (0.10 - X)

Cross-multiply both sides;

(6.5*10-⁵ * 0.10) = X²

Take square root of both side,

X= 2.5*10-³

% ionization = (2.5*10-³ / 0.10) *100

% ionization = 2.5%

5 0
3 years ago
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