M/b ratios typically exceed one, which means that investors are willing to pay more for stocks than their accounting book values.
The Book value is the carrying amount of the company's assets minus the receivables (such as company liabilities) that exceed common stock. The term book value comes from the accounting practice of accounting for assets at their original costs.
The Book value of a company is total assets minus total liabilities. Total assets and total liabilities are included on the balance sheet of the annual and quarterly reports.
Book value refers to the value of the asset reported on the balance sheet, that is, the value of the asset after the accumulated depreciation has been recorded. Every company owns multiple assets. Therefore, every business also has a book value, which is the present value of the asset minus the liability or accrued debt.
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Answer:
The marginal cost of producing the 25th speedboat is 18,575.
Explanation:
Note that the given Leisure Enterprise’s total cost (TC) of producing speedboats is correctly stated as follows:
TC = 10Q^3 - 4Q^2 + 25^Q + 500 …….………….. (1)
Where Q represents the quantity of speedboats produced.
To obtain the marginal cost (MC) of producing speedboats, equation (1) is differentiated with respect to Q as follows:
MC = dTC/dQ = 30Q^2 - 8Q + 25 ………………… (2)
Finding the marginal cost (MC) of producing the 25th speedboat implies that Q = 25.
Substituting Q = 25 into equation (2), we have:
MC = (30 * 25^2) - (8 * 25) + 25 = 18,575
Therefore, the marginal cost of producing the 25th speedboat is 18,575.
Answer:
TRUE
Explanation:
Bankruptcy is a legal framework, in which borrowers who cannot pay their loans, may seek relief from all of their liabilities from individuals or other organizations. In most states, a judge's order mandates bankruptcy.
In this situation, Tim is a bankrupt person, tin wrote a negotiable note but now Tim has got relief from his liabilities, so he has not to pay against his negotiable note.
Therefore, the following situation is TRUE .
As mentioned the alley was dark. So it is possible that there was someone else at the crime scene and the witness is mistaken to be that man. It is quite possible to see someone in the dark and mistaken them for someone else. As the alley was dark, eye witness testimony is not reliable.
The eyewitness doesn’t have any evidence whereas my client has an alibi and he was not present at the crime scene. Even if my client was standing near the boy it doesn’t prove that he killed someone.
Answer:
The multiple choices are as follows:
a.
25.40%
b.
29.03%
c.
39.25%
d.
33.98%
e.
27.38%
The correct option is C,39.25% federal tax rate
Explanation:
In determining the federal tax that one would be indifferent in choosing between the two bonds, we equate the yield of the two bonds as follows with tax element being deducted from corporate bond yield:
6.50%=10.70%*(1-t)
The t is the tax rate which is the unknown
divide both sides by 10.70%
6.50%/10.70%=1-t
0.607476636
=1-t
t=1-0.607476636
t=0.392523364
=39.25%
