Section 2: Adapting to Changes

Titan Mining Corporation has 6.8 million shares of common stock outstanding, 245,000 shares of 4.1 percent preferred stock outst

Arte-miy333 [17]

Answer:

Please see attachment.

Explanation:

Please see attachment.

6 0

4 years ago

Which of the following is TRUE regarding computer-aided design?

Inessa [10]

Answer:

The answer is Letter B

Explanation:

It is the use of computers to interactively design products and prepare engineering documentation.

8 0

3 years ago

Last summer the price of gasoline changed frequently. one station owner noticed that the number of gallons he sold each day seem

mafiozo [28]

I'd say 2,487 because if you take 2,700 gallons ÷ $3.80= 710.5263157895 and then take 710.5263157895 and multiple is by $3.50

7 0

3 years ago

Tyler owns a property within the city limits of a town that is on the mississippi river. who owns the land under this navigable

oksian1 [2.3K]

Answer:

The state

Explanation:

Tyler holds a property inside the city furthest reaches of a town that is on the Mississippi River. According to the laws, the property is actually possessed by the state. Property owners possess the land under NON-traversable Rivers. Tyler can move around the property, and he can use it, but on papers, it is the property of the state, and Tyler cannot auction it or transfer it to anyone else.

4 0

4 years ago

Dinklage Corp. has 8 million shares of common stock outstanding. The current share price is $82, and the book value per share is

Dmitry [639]

Answer:

a. The company's capital structure weights on a book value basis is that the Equity/Value is 0.1584 and the Debt/Value is 0.8416

b. tTe company's capital structure weights on a market value basis is that the Equity/Value is 0.7257 and the Debt/Value is 0.2743

Explanation:

a. According to the given data we have the following:

Book Value of first bond = $135 million

Book Value of second bond = $120 million

Book Value of shares = 8*6 = 48

Therefore, in order to calculate the company's capital structure weights on a book value basis we would have to make the following calculations:

Weight of equity = 48/($135+$120+48) = 0.1584

Weight of debt = ($135+$120)/($135+$120+48) = 0.8416

b. In order to calculate the companyâs capital structure weights on a market value basis, we would have to calculate first the Market Value of first bond and the Book Value of second bond as follows

Market Value of first bond = $135*93% = $125.55 millions

Book Value of second bond = $120* 102% = $122.4 millions

Market Value of shares = 8*82 = 656

Therefore, Weight of equity = 656/(656 +125.55 +122.4) = 0.7257

Weight of debt = (125.55+122.4)/(656 +125.55 +122.4)) = 0.2743

6 0

4 years ago