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2 years ago

When average total cost is at its minimum

1 answer:

4 0

D.) Marginal cost is equal to average total cost. (Because when the average total cost is at its minimum, marginal cost is also at its minimum.)

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Define private equity funds.

hjlf

Answer:

keeping it private and not letting anyone find. out about it or keepin it from people

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2 years ago

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Which of the following terms refers to using wooden structures or mechanical or hydraulic systems to support the sides of an exc

MakcuM [25]

The answer is shoring

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3 years ago

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Ghost, Inc., has no debt outstanding and a total market value of $240,000. Earnings before interest and taxes, EBIT, are project

Elina [12.6K]

Answer:

a-1. We have:

Recession EPS = $1.49

Normal EPS = $2.13

Expansion EPS = $2.45

a-2. We have:

Recession percentage change in EPS = -30.00%

Expansion percentage change in EPS = 15.00%

b-1. We have:

Recession EPS = $1.12

Normal EPS = $1.76

Expansion EPS = $2.08

b-2. We have:

Recession percentage change in EPS = -36.36%

Expansion percentage change in EPS = 18.18%

Explanation:

Note: See the attached excel file for the calculations of the EPS and the percentage changes in EPS.

From the attached excel file, we have:

a-1. Calculate earnings per share (EPS) under each of the three economic scenarios before any debt is issued.

Recession EPS = $1.49

Normal EPS = $2.13

Expansion EPS = $2.45

a-2. Calculate the percentage changes in EPS when the economy expands or enters a recession.

Recession percentage change in EPS = -30.00%

Expansion percentage change in EPS = 15.00%

b-1. Calculate earnings per share (EPS) under each of the three economic scenarios assuming the company goes through with recapitalization.

Recession EPS = $1.12

Normal EPS = $1.76

Expansion EPS = $2.08

b-2. Given the recapitalization, calculate the percentage changes in EPS when the economy expands or enters a recession.

Recession percentage change in EPS = -36.36%

Expansion percentage change in EPS = 18.18%

Download xlsx

3 0

3 years ago

The Durham-Mills Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespre

forsale [732]

Answer:

False

Explanation:

The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.

This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).

7 0

3 years ago

Which of the following companies has the lowest degree of leverage?

LiRa [457]

The firm with a 20% Debt and 80% Equity has the lowest degree of leverage.

<h3>What is a degree of leverage?</h3>

This means how much a firm operating income changes in response to a change in sales.

Because the Firm C has a low debt, this means its has the lowest degree of leverage when compared to others.

Therefore, the Option C is correct.

Missing options "90% Debt, 10% Equity

30% Debt, 70% Equity

20% Debt, 80% Equity

50% Debt, 50% Equity"