Answer:
The level of pretax cost savings we require for this project to be profitable is $203272.65
Explanation:
investment in fixed assets + investment in NWC = pretax cost savings*(1-t)*PVIFA(R%,n) + PV of dep tax shield + PV of salvage + PC of NWC
let a be the pretax cosy savings, then:
835000 + 95000 = a*(1-0.25)*3.69589702 + 170786.28 + 64537.83 + 56377.88
930000 = 2.771922765*a + 291701.99
2.771922765*a = 638298.01
a = $230272.65
Therefore, The level of pretax cost savings we require for this project to be profitable is $203272.65.
Answer:
A. Price-earnings ratio= 12.34
B. Yield on the stock = 2.36%
Explanation:
A. Calculation for the price-earnings ratio using this formula
Price-earnings ratio=Market Price Per Share / Earnings Per share
Let plug in the formula
Price-earnings ratio=59.25 / 4.80
Price-earnings ratio= 12.34
B. Calculation for the yield on the stock using this formula
Yield on the stock=Annual dividends per share / market price per share
Let plug in the formula
Yield on the stock=1.40 / 59.25
Yield on the stock = 2.36%
Therefore the Price-earnings ratio is 12.34 while the Yield on the stock is 2.36%
Explanation:
Global investment banks include JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, Bank of America, Credit Suisse, and Deutsche Bank.
Answer: Broker
Explanation: An insurance broker is a person or group of persons who have the legal authority to trade or manage insurance policy of his or her clients. A broker advices the policy holder on necessary actions to take.
Under the California code insurance brokers are not permitted for life and health insurance policy.
An insurance broker is acting as a third party to his or her clients.