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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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Cancel your credit cards and anything that may cause trouble like debt or charges
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in a high- work system, a firm's technology, organizational structure, people, and processes work together seamlessly. this resu
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3 0
2 years ago
A certain store sells all maps at one price and all books at another price. On Monday the store sold 12 maps and 10 books for a
solong [7]

Answer:

(B) $0.50

Explanation:

The total cost is a function of the number of maps sold and the number of books sold. To determine the cost of each, a set of equations have to be solved simultaneously.

Let the cost of a map be m and that of a book be b

12m + 10b = 38

20m + 15b = 60

6m + 5b = 19

4m/3 + b = 4, b = 4 - 4m/3

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b = 4 - 2 = 2

The cost of a book is $2 while that of a map is $1.50

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7 0
4 years ago
The time it takes for a new policy to register its full impact on the economy after it has been put in force is known as the
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3 years ago
You are the manager of a gas station in a small town, and your goal is to maximize profits. Based on your experience, the elasti
Levart [38]

<span>a. </span>No. Since the good that I am selling is inelastic considering the elasticity given in and outside Texas, having a lower price than non-Texan gas stations would have less impact on the quantity demanded.

<span>b. </span>The profit-maximizing price to charge a Texan for a car wash would be $12.

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<span>(See attached for the calculations.)</span>

Download docx
7 0
4 years ago
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