Answer:
The correct answer is option (e).
Explanation:
According to the scenario, the computation of the given data are as follows:
Capital budget = $1,000,000
Debt = 60%
Equity = 40%
Net income = $550,000
So, we can calculate the total dividend by using following formula:
Total dividend = net income - ( Equity × Capital budget )
= $550,000 - ( 40% × $1,000,000 )
= $550,000 - $400,000
= $150,000
The more education a person has, the more likely that they are to be valuable to their owners,because they would be considered "smarter" than their peers and able to get more work done. This means that answer to the question is A. Education may make a worker more valuable to employers.
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Answer:
The best estimate of its stock price per share is $11.20
Explanation:
To compute stock price per share, the equation is shown below:
= Total number of equity ÷ Outstanding number of shares
where,
Total number of equity = Total corporate value - Notes payable - long term debt - preferred stock
= $500 - $110 - $90 - $20
= $280 million
And , outstanding number of shares is 25 million shares
Now, apply the above equation
So, stock price per share = $280 million ÷ 25 million shares = $11.20
Other accounts like retained earnings, total common equity is irrelevant
Hence, the best estimate of its stock price per share is $11.20
The cost of making one cup of lemonade = 0.01 + 0.02 + 0.03 + 0.02 + 0.10 = 0.18
Wanda sells a cup of lemonade for 0.50, thus, she always make a gain of 0.32 on each cup of lemonade. That is, Profit = 0.50 - 0.18 = 0.32.
For 300 cups of lemonade, Wanda profit's will be 0.32 * 300 = 96
Therefore, Wanda's economic profit is $96.