Answer:
The value of the firm is $1,485,000
Explanation:
For computing the value of the firm, first, we have to compute the price per share which equals to
= Borrowed amount ÷ repurchase shares
= $220,000 ÷ 20,000
= $11 per share
Now, the value of the firm should be computed. The formula is used which is shown below:
= Price per share × Number of outstanding shares
= $11 × 135,000 shares
= $1,485,000
Hence, the value of the firm is $1,485,000
Answer:
Cheap Florida Auto Insurance. Low Rates from $53.99 / Month!
Explanation:
Any contract Fay enters into is "voidable if the other party does not realize that Fay is incompetent".
Business contract law holds that people that have been proclaimed mentally uncouth in a courtroom may discover an agreement they go into announced void, voidable, or enforceable. The guardian is the main individual who can go into an agreement for the incompetent individual's behalf.
Answer:
1000 000 (1 million)
Explanation:
(number of unemployed/ labour force)=0.1
(100 000/0.1)=workforce
workforce= 1000 000
Answer: Direct Deposits and Electronic funds transfer
Explanation:
Penelope's company direct deposits her paycheck into her checking account.
Penelope's company has adopted an efficient electronic funds transfer system.
