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Andru [333]
4 years ago
13

Finance balance sheet: KneeMan Markup Company has total debt obligations with book and market values equal to $30 million and $2

8 million, respectively. It also has total equity with book and market values equal to $20 million and $70 million, respectively. If you were going to buy all of the assets of KneeMan Markup today, how much should you be willing to pay
Business
1 answer:
crimeas [40]4 years ago
4 0

Answer:

$98 million

Explanation:

Kneeman markup company has a total debt obligation with a book value of $30 million

The market value is $28 million

The total equity has a book value of $20 million and a market value of $70

Therefore, the price that you should be willing today can be calculated as follows

Debt obligation market value+total equity market value

= $28 million + $70 million

= $98 million

Hence the amount that you should be willing to pay today is $98 million

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A monopolist has a supply curve that is upward-sloping, just like a competitive firm. does not have a supply curve because the m
Murljashka [212]

Answer:

A monopolist does not have a supply curve because price and quantity are decided at the same time.

Explanation:

A supply curve is generally upward sloping showing a direct relationship between the price level and quantity supplied. In case of a perfectly competitive market, the demand curve is a horizontal curve, showing marginal; revenue and average revenue. The firm here is a price taker and decides the quantity to be supplied according to the price level. The firm is able to maximize profit at the level of output where the price is equal to marginal cost.

However, in case of a monopoly, the firm is a price maker. There is no unique relation between price and quantity. The price and quantity to be supplied are determined at the same time at the point where marginal revenue is equal to marginal cost.

6 0
3 years ago
The maximum amount of Direct Stafford Loan money a student can obtain is _____. A. $17,500 B. $22,000 C. $10,000 D. $31,000
Luba_88 [7]
D. 31,000

Hope this helped!!! :)
-Ginger
6 0
3 years ago
Read 2 more answers
You discover an unattended email address or fax machine in your office receiving beneficiary appeals requests. You suspect no on
kykrilka [37]

If  you discover an unattended email address or fax machine in your office.  What you should do is: To Contact your compliance department.

<h3>Unattended email address</h3>

If an unattended email address  that is receiving appeals requests is discovered the next step of action to take is to get in touch or contact your compliance department.

You can contact your compliance department by making use of compliance hotline  or any other means that you can use to contact them.

Therefore  what you should do is: To Contact your compliance department.

Learn more about Unattended email address here:brainly.com/question/14983098

#SPJ12

8 0
2 years ago
Who is responsible for applying skills, knowledge, and project management tools and techniques to project activities to successf
spin [16.1K]

Answer:

The correct answer is: Project manager.

Explanation:

The Project manager is the executive in corporations to oversee the accomplishments of the objectives of the firm. These professionals help to set, perform, evaluate, and adjust the goals of the company according to the current situation. They come up with different tools to effectively achieve that.

3 0
4 years ago
West Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $75,000 from the bank with a 3-
ale4655 [162]

Answer:

b. The ratio decreased

Explanation:

The current ratio is a financial performance measure that compares current assets to current liabilities, hence, in ascertaining the impact of the short-term borrowing on the current ratio, we would compute the current ratio before and after having taken the short term loan as shown thus"

current ratio=current assets/current liabilities

Before borrowing:

current ratio=$375,000/$150,000

current ratio=2.50

After borrowing:

current ratio=$375,000/($150,000+$75000)

current ratio=1.67(it has declined from earlier 2.50 to 1.67)

4 0
3 years ago
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