Answer:
$4.3
Explanation:
For computing the share price, first, we have to compute the Value of firm which is shown below
= Free cash flow ÷ (cost of capital - growth rate)
= $16 million ÷ (10.6% - 2.8%)
= $16 million ÷ 7.8%
= $205.12 million
Now find the equity value which equals to
= Value of firm - debt value + cash
= $205.12 million - $23 million + $8 million
= $190.12 million
And, the number of outstanding shares is 44 million
So, the price per share would equal to
= Equity value ÷ number of outstanding shares
= $190.12 million ÷ 44 million shares
= $4.3
Answer:
4) the price of the good changes.
Explanation:
A movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship. In other words, a movement occurs when a change in quantity supplied is caused only by a change in price, and vice versa.
Answer:
Washington's net pay was $ 2,564.28.
Explanation:
Given that Steven Washington's weekly gross earnings for the week ending March 9 were $ 3,340, and her federal income tax withholding was $ 567.80, assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, to determine what is Washington's net pay the following calculation must be performed:
(3,340 - 567.80) x (1 - 0.06 - 0.015) = X
2,772.2 x 0.925 = X
2,564.28 = X
Therefore, Washington's net pay was $ 2,564.28.
Answer:
True
Explanation:
When a manager discovers that data in his organization is compromised and unreliable, <u>he should not use the reports generated from such data while making decisions</u>, as they are most likely inaccurate. Such reports will affect the quality of decisions made and may do more harm than good to the organization.
