Answer:
Pedestrian : A person who walks on foot rather than in vehicles.
Answer:
The value of inventory destroyed=$4,082,000
Explanation:
<em>The value of the inventory destroyed is the difference between the the cost of the total goods available for sale and the cost of goods sold</em>
The value of inventory destroyed = cost of goods available for sale - value of inventory sold
Cost of goods sold = 3540,000 - (20%× 3540,000)= 2,832,000
The cost of goods available for dale = opening inventory + purchases + freight charges
$5300000 + $1432000 + $182000 = 6,914,000
The value of inventory destroyed = 6,914,000
- 2,832,000
= 4082000
The value of inventory destroyed=$4,082,000
Answer:
a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.
b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.
d. The formula to calculate present value of expected free cash flows is:
PVn=CFn(1+in)n
The formula for the present value of expected free cash flows when discounted at WACC is:
PV=∑Nn=0CFn(1+in)n
Explanation:
a. Debt holders have first claim on corporate value. The Preferred stockholders then have next claim and remaining is left for common stockholders.
b. The value of a financial asset is equal to present value of future cash flows which is provided by the asset. When investor buys a share of stock, (s)he typically expects to receive cash in the form of dividends and to sell the stock to receive cash from sale. However, the price any investor receives is highly dependent upon the dividends which the next investor expects to receive, and so on. Thus, the stock's value depends on cash dividends that the company is expected to provide and the discount rate used to find the present value of those dividends.
d. The formula to calculate present value of expected free cash flows is:
PVn=CFn(1+in)n
The formula for the present value of expected free cash flows when discounted at WACC is:
PV=∑Nn=0CFn(1+in)n
