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Furkat [3]
3 years ago
5

5. Ren Inc. has expected earnings before interest and taxes of $63,300, an unlevered cost of capital of 14.7 percent, and a comb

ined tax rate of 23 percent. The company also has $11,000 of debt that carries a coupon rate of 7 percent. The debt is selling at par value. What is the value of this company?
Business
1 answer:
laila [671]3 years ago
5 0

Answer:

$334,101.43

Explanation:

The computation of the value of this company is shown below:

Value of unlevered firm= [$63,300 × (1 - 23%)] ÷ 14.7%

= $331,571.43

And,

Value of this company = 331,571.43 + 23% of $11,000

= $331,571.43 + $2,530

= $334,101.43

As we know that value of the company is the mix o f levered firm and the unlevered firm according to that we done the calculations

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Answer: Brand manager  

Explanation:

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The main responsibility of the brand manager in the decentralized system is that it helps in adopting the various types of strategies for the purpose of achieving the given target in an organization by maintaining the brand integrity.  

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  Therefore, Brand manager is the correct answer.

4 0
4 years ago
When companies adopt the strategy-making and strategy execution process it requires they start by
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Answer:

The answer is A. developing a strategic vision, mission and values.

Explanation:

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3 0
3 years ago
Merle Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month,
bixtya [17]

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Explanation:

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Actual hours = 3690 hours

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= $10.30 per hour

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= (3690 - 3620) × $10.30

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C is the correct answer
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A mortgage where the interest rate fluctuates and is usually tied to an index; payment amount increases are capped for each peri
ivolga24 [154]

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an Adjustable-rate Loan (sometimes called an ARM).

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