Answer:
107,500 shares
Explanation:
weighted average number of common shares = 100,000 shares + 10,000 shares x 3/12
= 107,500 shares
The weighted average number of common shares used to compute earnings per share for 20X1 is: 107,500 shares
Answer:
External finance needed = $2,088
Explanation:
Note: See the attached excel file for the Calculation of ratios with respect to sales, Proforma Income Statement, Calculation of Retained Earnings and Equity, and Proforma Balance Sheet.
From the Proforma Balance Sheet in the attached excel file, we have:
Total Assets = $12,610
Total Liabilities = $10,448
Therefore, we have:
External finance needed = Total Assets - Total Liabilities = = $12,610 - $10,448 = $2,088
Answer: False
Explanation:
Present value is not the value of cash flows that occur at different points in time but rather the value of cash flows at the current point in time. The values can therefore be added up to determine the value of a capital budgeting project because they relate to the same time period.
This is the basic premise that the Net Present Value capital budgeting method works on. It discounts the various cash inflows to the present period, adds them up and then subtracts the cost of the project. If it is positive then the project is off good value.
The answer is 28.9 just add all the numbers together and divide by 7 and round the answer to nearest tenth. You get 28.9
