Answer:
c. $24,990
Explanation:
The Term 2/15 net 45 mean 2% cash discount is offered if the payment is made within 15 days otherwise the credit period is 45 days. There is no after 15 days of sale.
Amount of Sale = $25,500
Discount Rate = 2%
The Pound Co. paid the invoice within the discount period. They are eligible to receive the 2% discount on sale value.
Discount Amount = $25,500 x 2% = $510
Net Sales amount in this transaction = $25,500 - $510
Net Sales amount in this transaction = $24,990
Marginal utility is the <u>"change in total utility obtained by consuming one more unit of a good".</u>
Marginal utility evaluates the additional satisfaction a customer earns from consuming extra units of products or services. The idea of marginal utility is utilized by economists to decide the amount of a thing buyers are happy to buy. Positive peripheral utility happens when the utilization of an extra thing builds the total utility, while negative marginal utility occurs when the utilization of an extra thing diminishes the total utility.
Answer:
Edelman's market/book = 2.29
Edelman's EV/EBITDA = 10.52
Explanation:
Firstly, we need to calculate enterprise value (EV) & fiem value (FV) of Edelman Engines as below:
EV = Market value of equity + Net market value of debt
= Stock price x Number of share outstanding + (Debt - Cash)
= 24 x 0.3 + (3.25 + 1 - 0.09) = 11.36
FV = Market value of equity + Market value of debt
= Stock price x Number of share outstanding + Market value of debt
= 24 x 0.3 + 3.25 + 1 = 11.45
Edelman's market/book = FV/Total asset = 11.45/5 = 2.29
Edelman's EV/EBITDA = 11.36/1.08 = 10.52