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IceJOKER [234]
4 years ago
6

2. A book by Henry Goldman and Elizabeth Howard called Ancient Civilizations. It was published in Philadelphia by Gold House in

1989.
Business
1 answer:
777dan777 [17]4 years ago
6 0

Answer:

The question is incomplete because it didn't tell us what action to carry out. However, kindly find the complete question below:

Question:

Using the information from the narrative, create the appropriate MLA citation as if it were going on a  Works Cited page.

Answer / Explanation:

First we need to understand what MLA means: This is simply the abbreviation for modern language association. It refers to a unique style of writing recommended by Modern Language Association (MLA) for preparing research, project paper and manuscripts. This method of writing details issues like quotations, punctuation's especially the documentation of references.

Now referring back to the question asked, the answer goes thus:

Godman, Henry, and Elizabeth Howard. Ancient Civilizations. Philadelphia: Gold.

House, 1989. Print.

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Johnny Cake Ltd. has 8 million shares of stock outstanding selling at $20 per share and an issue of $40 million in 8 percent ann
dangina [55]

Answer:

Year   Cashflow    [email protected]%      PV           [email protected]%     PV

               $                                 $                                  $

  0        (905)           1           (905)           1                 (905)

1-16     52.80         7.8237     413        10.8377           572

16        1,000          0.2176     218      0.4581             458

                                  NPV     (274)              NPV        125                    

Kd = LR     + NPV1/NPV1+NPV2    x (HR – LR)

Kd = 5       + 125/125 + 274   x (10 – 5)

Kd = 5       + 125/399 x 5

Kd = 6.57%    

 

Ke = D1/Po   + g

 Ke = $3/$20 + 0.04

 Ke = 0.19 = 19%

WACC = Ke(E/V) + Kd(D/V)

WACC = 19(160,000,000/196,200,000) + 6.57(36,200,000/196,200,000)

WACC = 15.49 + 1.21

WACC = 16.7%

Market value of the company                                          $

Market value of equity (8,000,000 x $20)                      160,000,000

Market value of bond   ($40,000,000 x $905/$1,000)   36,200,000

Market value of the company                                            196,200,000

Explanation:

In this case, we will calculate cost of debt using interpolation formula. The cashflow for year 0 is the current market price while the cashflow for year 1 to 16 refers to after-tax coupon, which is calculated as R(1-T). R = 8% x $1,000 par value = $80. Then, R(1-T) = 80(1-0.34) = $52.80. The cashflow for year 16 is the par value. The cashflows are discounted in order to obtain the cost of debt.

Cost of equity is the ratio of expected dividend to current market price plus growth rate.

WACC is the aggregate of cost of each capital multiplied by the proportion of each stock in the market value of the company.

5 0
3 years ago
Charisma, Inc., has debt outstanding with a face value of $5.5 million. The value of the firm if it were entirely financed by eq
rjkz [21]

Answer:

$0.69 million or $690,000

Explanation:

Value of Firm Vₐ = $24.7 million

Debt D = $5.5 million

Shares S = 390,000 * 51 = $19.89 million

Therefore Value Vₓ = 5.5 + 19.89 = $25.39 million

We would expect Vₐ and Vₓ to be the same value. Therefore the decrease in the value of the company due to expected bankruptcy costs is

= $25.39 million - $24.7 million

= $0.69 million

3 0
3 years ago
A chart that shows the connection between consumer demand and price is a
klemol [59]

Answer: d). Demand Schedule

Explanation:

Demand schedule is a tabular representation of the quantities of a good demanded by the consumer at different prices. While, a demand curve is a graphical representation of the quantities demanded by the consumer at different prices.

Since, the question is asking for the chart that shows the connection between consumer demand (no all consumer or market demand) and price, the correct option should be demand schedule.

7 0
4 years ago
Read 2 more answers
1. Antitrust laws are designed to
Murrr4er [49]

Explanation:

they are wide questionable buisness

4 0
3 years ago
Ace Company is a retail store. Due to competition, it is having trouble selling its products. Thus, inventory has been building
jekas [21]

Answer:

c. The management of Ace should consider the effect of slow moving inventory on its liquidity.

Explanation:

Liquidity is an important measure of a company's financial health, its calculation determines how well the company can pay off your short-term debts.  Inventory has a great impact on liquidity and it depends on how easily the company can sell it. As ACE is having trouble selling its products, it means that it takes a long time to sell its inventory, which does not help its liquidity since its inventory can not be easily be transformed into cash without losing its value, and that's why this company  management must consider moving inventory on its liquidity, in order to increase its current ratio, that means its ability to pay current, or short-term, liabilities (debt and payables) with its current, or short-term, assets (cash, inventory, and receivables).

If this company

3 0
3 years ago
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