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arsen [322]
3 years ago
12

Hayes corporation has $300 million of common equity, with 6 million shares of common stock outstanding. if hayes' market value a

dded (mva) is $130 million, what is the company's stock price? (round your final answer to two decimal places.)
Business
1 answer:
oee [108]3 years ago
7 0

Answer:

Hayes corporation´s stock price is:

Common equitity: $300,000,000

Common shares outstanding: 6,000,000 shares

Market value added (MVA): $130,000,000

Computation:

MVA= (Number of shares * stock price) - Book value of equity

$130,000,000= (6,ooo,ooo shares *Stock price) - $300,000,000

Stock price: 71.6

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Answer:

Macy is liable. The Federal Trade Commission states that both the credit rating agency and Macy's are responsible for correcting the erroneous credit report. It is very hard to sue and win a credit rating agency because they will place the blame on the company that made the initial mistake (Macy's), but lately courts have accepted cases against the companies that cause all this mess.

Courts have lately ruled in favor people alleging that a bad credit report damaged them since a good credit rating is considered an intangible asset. The company that cause the mistakes are liable for any possible damages resulting from a poor credit rating.

8 0
3 years ago
Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The
Virty [35]

Answer:

$4,355.26  

Explanation:

The net present value is the present value of future cash flows expected from the project minus the initial investment outlay

initial investment outlay=working capital investment = -$10,000

Years 1-5 cash inflow=$2,000

Year 6 cash inflow=normal cash inflows+release of working capital

Year 6 cash inflow=$2,000+$10,000=$12,000

the present value of a future cash flow=cash flow/(1+r)^n

n is 1 for year cash inflow 2 for year 2 cash inflow, 3 for year 3 cash inflow and so on

NPV=-$10,000+$2,000/(1+10%)^1+$2,000/(1+10%)^2+$2,000/(1+10%)^3+$2,000/(1+10%)^4+$2,000/(1+10%)^5+$12,000/(1+10%)^6

NPV=$4,355.26  

5 0
3 years ago
Question 14 of 20
serg [7]

Answer:

OD. A person who goes to earn a college degree will have to pay the full costs of going to college

4 0
2 years ago
An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling ca
Nutka1998 [239]

An organization of investors usually in the form of a limited partnership who have joined together for the purpose of pooling capital for the acquisition of real property interests is known as a Real Estate Syndicate.

An organization is a group of people working together, such as a neighborhood association, charity, union, or business. The word organization can be used to refer to a group or enterprise or the act of forming or establishing something.

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Learn more about organization here:brainly.com/question/19334871
#SPJ4

6 0
2 years ago
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $396,000 to $684,000 and woul
Ber [7]

Answer:

50%

Explanation:

Contribution margin is used to determine the profitability of a product. it is price less variable cost

Contribution margin ratio = (price - variable costs) / price

variable cost = 80 - 20 = 60

price = 120

(120 - 60) / 120 = 50%

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3 years ago
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