The best answer choice is D.
Answer:
$40.79 per share and $52.90 per share
Explanation:
Cost of Debt (Kd) = Wd * Rd (1 - T)
Cost of Debt for Vandell Corporation is $7.30 * (1 - 0.40) = 4.38%
Cost of Equity (Ke) = Rf + 
* Rp
Cost of Equity for Vandell Corporation is 6 + 1.10 * 7 = 13.70%
Weighted Average Cost of Capital (WACC) = Wd * Kd + We * Ke
Cash Flow of Firm = $2.5m + $3.2m + $3.5m + $3.57m = $12.77
Weight of Equity = $8.94
WACC = 30% * 4.38% + 70% * 13.70% = 10.9%
CashFlows after discounting synergy will be = $40.79
Answer:
Franchising
Explanation:
Franchising is defined as the contract that exists between a parent company (franchisor) and other firms (franchisee) in which an operating licence is given to the franchisee.
The franchisor gives access to use of their brand and also provides support and training to the franchisee.
Franchisee in turn gives an agreed amount of profit to the franchisor for using their brand.
An established name and specific rules of operation is agreed upon in the contract.
<u>Examples from the speech of Ronald Wilson Reagan:</u>
Ronald Wilson Reagan was an U.s politician and was a major power voice in modern liberalism as President of the USA.
Example for strengthening or weakening the attitudes, beliefs or values of his audience:
In the 1950s, Khrushchev anticipated, 'We will bury you'. But now, in the USA, we are seeing a civilized world which has accomplished a standard of life and very well-being historically unprecedented. In the socialist world, we are facing stagnation, technical retrograde circumstances, dropping standards, even a lack of basic nutrition.
Example for motivate his audience to action, President Regan's aim when he said:
" Secretary-General Gorbachev, if you really are seeking peace if you are pursuing stability for the Soviets and Europe if you are seeking democratization, Move over here to the gate.
"
Answer:
The correct answer is letter "D": Charging the stolen asset to an expense account.
Explanation:
An asset misappropriation takes place when individuals take advantage of the job position they have in order to profit from fraudulent activities. The fraud could be caused by any employee within a given organization, from high executives to any of their subordinates.
In the case, option "D" is a good example of asset misappropriation since it is being charged to an expense account a good that was stolen when that kind of account is only useful to report work-related expenses.
