1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ololo11 [35]
3 years ago
5

Assume that market and book values are equal for current assets, current liabilities, and debt and other long-term liabilities.

SIMPLIFIED BALANCE SHEET FOR FEDEX May 30, 2013 (Figures in $ millions) Assets Liabilities and Shareholders’ equity Current assets $ 11,274 Current liabilities $ 5,750 Plant, equipment and other long-term assets 22,293 Debt and other long-term liabilities 10,419 Shareholders’ equity 17,398 Total assets $ 33,567 Total liabilities and equity $ 33,567 Note: Shares of stock outstanding: 316.6 million. Book value of equity (per share): 17,398 / 316.6 = $54.95. The stock price is $103.39.
a.Construct a market-value balance sheet from the above data. (Be sure to list the assets and liabilities in order of their liquidity. Enter your answers in millions rounded to 2 decimal places.)

SIMPLIFIED MARKET VALUE BALANCE SHEET FOR FEDEX
May 30, 2013
(Figures in $ millions)
Assets Liabilities and Shareholders’ equity
(Click to select)Current assetsCurrent liabilitiesDebt and other long-term liabilitiesPlant, equipment and other long-term assetsShareholders’ equity $ (Click to select)Current assetsCurrent liabilitiesDebt and other long-term liabilitiesPlant, equipment and other long-term assetsShareholders’ equity $
Growth opportunities (Click to select)Current assetsCurrent liabilitiesDebt and other long-term liabilitiesPlant, equipment and other long-term assetsShareholders’ equity
(Click to select)Current assetsCurrent liabilitiesDebt and other long-term liabilitiesPlant, equipment and other long-term assetsShareholders’ equity (Click to select)Current assetsCurrent liabilitiesDebt and other long-term liabilitiesPlant, equipment and other long-term assetsShareholders’ equity
Total assets $ Total liabilities and equity $
b.How much extra value shows up on the asset side of the balance sheet? (Enter your answer in millions rounded to 2 decimal places.)

Extra value on the asset side $ million
Business
1 answer:
melomori [17]3 years ago
7 0

Answer:

Market- value Balance sheet

ASSETS

NON-CURRENT ASSETS                                                 $37,628

CURRENT ASSETS                                                           $11,274

TOTAL ASSETS                                                                $48,908

EQUITY AND LIABILITIES          

EQUITY (316.6*$103.39)=32,733.274                             $32,733

LIABILITIES

NON-CURRENT                                                                $10,419

CURRENT LIABILITIES                                                     $5,750

TOTAL EQUITY AND LIABILITIES                                   $48,908

Explanation:

b) Assets are extra by ($37,628.274 - $22,293) =$15335.27

You might be interested in
Paul and Micheal sell magazine subscriptions by telephone. {aul is paid $1.00 for every five calls he makes, while Mike is paid$
BARSIC [14]

Paul and Micheal sell magazine subscriptions by telephone. Paul is paid $1.00 for every five calls he makes, while Mike is paid$1.00 for every subscription he sells, regardless of the number of calls he makes. Paul's telephoning is reinforced on a <u>fixed-interval</u> schedule, whereas Mike's is reinforced on a <u>variable-ratio</u> schedule.

<h3><u>What is a fixed-interval timetable?</u></h3>

The initial response is rewarded only after a predetermined period of time has passed in fixed-interval schedules. This schedule results in rapid responses near the end of the interval but slower responses right after the reinforcer are given. A fixed-interval (FI) schedule consists of two parts:

  • It calls for the passage of a certain amount of time before reinforcement will be supplied in response to a response, and
  • No response during the interval is reinforced; only the first response after the interval's completion is reinforced.
<h3><u /></h3><h3><u>What is the variable-ratio schedule?</u></h3>

A schedule of reinforcement known as a variable ratio schedule rewards a behavior after a predetermined number of responses. High, consistent response rates are the result of this type of timetable. Because they believe that the subsequent reaction might be the one they need to receive reinforcement, organisms are persistent in responding.

Learn more about the fixed-interval schedule with the help of the given link:

brainly.com/question/14486802?referrer=searchResults

#SPJ4

5 0
2 years ago
Suppose that a museum of modern art discovers the following: adults are willing to pay $20 per ticket to see a Monet exhibit. St
padilas [110]

Answer:

50%

Explanation:

From the question we have here

If adults would pay 20$

Out of a 100% students:

60% would pay 15

40% would pay 10

If regular price = 20$

We are required to find discount

Discount = (20 - 10)/20 x 100

Discount = 0.5 x 100

Discount = 50%

The museum should offer 50percent discount.

6 0
3 years ago
A regression line is the line that best fits the data, but this does not mean that the fit is good. In other words, there can st
horsena [70]

Answer:

Larger-sq and small Se.

Explanation:

Regression line is a line that clearly describes the behavior of a given set of data.

Regression lines are very essential for forecasting processes. The importance of the line is to describe the interrelation of a dependent variable (Y variable) with one or many independent variables (X variable).

An analyst can forecast future behaviors of the dependent variable by making use of the equation gotten the regression line. This is done by inputting different values for the independent ones. Regression lines are frequently employed in the financial sector.

Financial analysts make use of linear regressions to forecast stock prices, commodity prices and also to carry out valuations for many different securities. Companies use regressions for the purpose of forecasting sales, inventories and a lot of other variables that are needed for strategy and planning. The regression line formula is represented below:

(Y = a + bX + u)

6 0
3 years ago
What are the three basic questions faced by every economy
Likurg_2 [28]

The three basic questions asked are:

1. What goods and services should be produced?

This is asked because the economy wants to produce what the consumers want or else the resources aren't being used efficiently since resources are scarce.

2. How should we produce them?

This is asked because the producers don't want to spend unnecessary time or money on production, so they must choose wisely what method of production is best for their company and consumers.

3. Who are the consumers?

This is asked because the producers want to make sure that they are targeting the right people with advertising or selling.

Hope this helped!

~Just a girl in love with Shawn Mendes

5 0
3 years ago
Read 2 more answers
Two TransWorld Airline mechanics failed to properly repair the landing gear of a 747. As a result, the plane’s landing gear coll
lisabon 2012 [21]

Answer:

no

Explanation:

the airport would be liable because the fire truck blowing a tire and hitting the pole was the direct cause. not the failure of the landing gear

5 0
3 years ago
Other questions:
  • You receive $1,200 today, $2,200 in one year, and $3,300 in two years. If you deposit these cash flows in an account earning 12%
    5·1 answer
  • Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional
    14·1 answer
  • If a company adds a new product line to its existing​ portfolio, it has increased its___________.
    8·1 answer
  • The philosophical methods of moral reasoning suggest that once we have ascertained the facts, we should ask ourselves certain qu
    7·1 answer
  • A yearminusend review of Accounts Receivable and estimated uncollectible percentages revealed the​ following:
    15·1 answer
  • What would the net value of a long straddle position be if the stock price at expiration is $35?
    6·1 answer
  • A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plan
    15·1 answer
  • If you were going to get a loan to purchase a new car, which financial intermediary would you use?
    12·1 answer
  • The following is an example in which the proposed method is applied to a fixed asset with an original cost of $248,000, an estim
    8·1 answer
  • Fairlawn Partners Consulting is a management-consulting firm that provides its expertise to businesses that employ its services.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!