Answer:
The company's worth is $24,420,000 if it is financed entirely by equity
Explanation:
The value of the company if financed entirely by equity is the perpetual cash flows that can be derived from the company using the required rate of return on the company's un-levered equity at 15%.
Sales $18,500,000
Variable costs(70%*$18,500,000) ($12,950,000)
EBIT $5,550,000
tax at 34%(34%*$5,550,000) ($1,887,000)
Net income $3,663,000.
Company's worth= $3,663,000/15%
=$24,420,000
Answer:
a. Incremental costs = (Direct materials + Direct labor) * 20%
Incremental costs = ($26 + $28) * 20%
Incremental costs = $54 * 20%
Incremental costs = $10.8
Incremental selling price = $72 - $64.8 = $7.2
Incremental profit (loss) = Incremental selling price - Incremental costs = $7.2 - $10.8 = $(3.6)
b. No. As there is Incremental loss, it should not be processed further
The answer is "access to good schools".
A retail store is a position of business normally claimed and worked by a retailer yet now and again possessed and worked by a producer or by somebody other than a retailer in which stock is sold fundamentally to ultimate customers. Good schools are something which cannot have secondary consideration.
Answer:
$182300
Explanation:
$182300
September credit sales account for 40% of October accounts receivable since it will be paid one month following sales
October credit sales will account for 50% of account receivable since it is paid in the month of sale
the calculation has been done in the attachment for further explanation
Answer:
The Department of Housing and Urban Development
Explanation:
The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.
The Holden act is enforced by the Department of Housing and Urban Development.
