Answer:
Option (C) is correct.
Explanation:
Given that,
No. of shares = 200,000
Market value per share = $20 each
Tax rate = 34%
Debt amount = $1,000,000
Market value of firm:
= Market value of equity + (Tax rate × Debt)
= (No. of shares × market value per share) + (Tax rate × Debt amount)
= (200,000 × $20) + (0.34 × $1,000,000)
= $4,000,000 + $340,000
= $4,340,000
= $4.340 million
The firm be worth after adding the debt is $4.340 million.
I believe that in such a situation, the thing you should do is say: Mrs. Wilson can't be contacted now, but I will give her your name and number as soon as possible.
That way you won't interrupt your boss, and you will give a polite answer to the person calling.
Answer:
The demand for gasoline is elastic .
Explanation:
The elastic demand which is also termed as the price elasticity of demand, according to this concept the demand for a good is sensitive to changes in the price of goods, that means (according to this question ) if the prices of gasoline are increased by the service station owner, than the demand for gasoline would decrease . Here the demand would change by same percentage , that price would change.
<span>Venn networks, through its unveiling of its new smartphone at a news conference, was using the promotional strategy of publicity. It leveraged having it's top management interact with the media publicly as a way to promote its new product.</span>
