Answer:
$5.59
Explanation:
Calculation to determine the value of the entity multiple of Company X in Year 1
Using this formula
Entity multiple=Market value / EBITDA
Let plug in the formula
Entity multiple=$99,450/$17800
Entity multiple=$5.59
Therefore the value of the entity multiple of Company X in Year 1 will be $5.59
Answer:
The loan amount was $27,142.86
Explanation:
Data provided in the question:
Total interest paid for the loan amount = $950
Time for which interest is charged = 6 months = 0.5 year
Annual interest rate = 7% = 0.07
Now,
Interest = Principle × Rate × Time
or
$950 = Principle × 0.07 × 0.5
or
Principle = $950 ÷ 0.035
or
Principle = $27,142.86
Hence,
The loan amount was $27,142.86
Answer: Option E -- 54.39years old
Explanation:
Compound interest is calculated using compound interest formula. Using compound interest formula, which is A = P(1+(r/n)) ^nt
Where A= Final Amount
P = Initial Principal Amount
r = Interest Rate
n = number of times interest applied per time period
t = number of times period elapsed
You/I would be 54.39years old when you/I retired. Which is Option E
b. increases, so the cpi overstates the change in the cost of living if the quality change is not accounted for.
