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Luden [163]
3 years ago
15

Thrice Corp. uses no debt. The weighted average cost of capital is 8.4 percent. If the current market value of the equity is $25

million and there are no taxes, what is EBIT? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g. 1,234,567.)

Business
1 answer:
puteri [66]3 years ago
5 0

Answer:

$2.1 Million

Explanation:

Please see attachment

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Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 20,000 shares of 5%, $10 par non-cum
iragen [17]

Answer:

b) $10.000

Explanation:

In order to find the total preferred stock dividend we need to have the rate of the dividend, the par value of the preferred stock and the number of preferred stocks. In this question we are given the rate of the dividend of preferred stock which is 5%, we are also given the par value of the preferred stock which is $10 and we are also given the total number of preferred stock which is 20,000.

To find out how much dividend was distributed to preferred shareholders we need to use the formula

Rate of dividend*par value of stock * number of preferred shares

0.05*10*20,000= 10,000

6 0
3 years ago
The communication process involves noise and feedback. True False
ohaa [14]

Answer:

true

Explanation:

4 0
4 years ago
Read 2 more answers
_____ occurs when investors earn interest in the current time period on interest earned in previous time periods.
Oliga [24]
Is it Compound interest?
7 0
3 years ago
An entrepreneurial alliance between an innovator who has created at least one successful store and wants to grow the business an
balandron [24]

Answer:

Franchising

Explanation:

The innovator who wants to grow his one successful store and business is referred to as the franchisor while the partner who is managing a new store of the same type in a new location is called the franchisee

Franchising represents a business relationship between two people or in this case two entrepreneurs such that the owner of the franchise (the franchisor) is able to enhance the growth and distribution of his products through the efforts of the franchisee who is also called an affiliated dealer.

The franchisor provides adequate license and authorization to the franchisee who also provides a broader market and growth opportunity for the products of the franchisor.  The franchisor will also make trainings, products, organisation and even monetary rewards available to the dealer for his services.

8 0
4 years ago
Suppose the U.S. GDP growth rate is faster relative to other​ countries' GDP growth rates. U.S. imports will therefore increase
Leni [432]

Answer:

Option (B) is correct.

Explanation:

If there is an any change in the GDP of a particular nation then as a result this will shift the demand curve. Increase in GDP or an increase in the income level of the people will shift the demand curve for goods rightwards. With the higher level of income, the consumer's demand for goods increases.

Any change in the price level of the goods will affect the quantity demanded for that goods and there is a movement along a demand curve.

5 0
4 years ago
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