Answer:
$2.67 per share
Explanation:
To start with,we calculate the present worth of the company using the below formula:
present worth of the company=free cash flow*(1+g)/r-g
g is the growth rate of the free cash flow which is 3.0%
r is the cost of capital of 10%
present worth=$10 million*(1+3%)/10%-3%
=10.3/7%
=$ 147.14 million
However ,the value of total equity is computed thus:
equity=present worth+cash-debt
cash is $8.5 million
debt is $22 million
equity=$ 147.14 +$8.5-$22
equity=$133.64 million
value of each share=equity value /number of shares
number of shares is 50 million
value of each=$133.64 million/50 million=$2.67 per share
Answer:
Option (a) : 505,400 units
Explanation:
As per the data given in the question,
Budget sale units = 531,000
Ending inventory of finished goods = 66,200
Beginning inventory of finished goods = 91,800
Budgeted production unit = 531,000 + 66200 - 91,800
= 505,400
So, The number of units it would have to manufacture during the year is 505,400 units.
Hence, option (a) is correct answer.
Answer:
Yes I would to help build my credit but only if I was in a spot where I knew that I whould be able to keep up and pay it back on time.
Explanation:
Answer: False.
Explanation: I did the quiz.
Answer:
The amount of interest revenue that should be reported in the first year is $1,000
Explanation:
As we know Note receivable is a type of investment on which the Noteholder receives te interest over the note amount.
Value of Note = $100,000
Rate = 6%
until 31 December only two months has been passed and the interest revenue of only 2 months will be recognized as follow
Interst Revenue = $100,000 x 6% x 2/12 = $1,000
So the interest revenue of $1,000 should be reported in the first year.
