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Travka [436]
3 years ago
11

Based on the corporate valuation model, gray entertainment's total corporate value is $1,150 million. the company's balance shee

t shows $120 million of notes payable, $300 million of long-term debt, $50 million of preferred stock, $180 million of retained earnings, and $800 million of total common equity. if the company has 30 million shares of stock outstanding, what is the best estimate of its price per share?
Business
1 answer:
vagabundo [1.1K]3 years ago
5 0

Answer:

$26.67 million

Explanation:

The computation of price per share is shown below:-

Total market value = $1,150 million + $120 million

= $1,270 million

Market value of equity = Total market value - value of debt - value of preferred stock

= $1,270 million - ($120 million + $300 million + $50 million)

=  $1,270 million - $470 million

= $800 million

Price per share = Market value of equity ÷ Stock outstanding

= $800 million ÷ $30 million

= $26.67 million

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Answer:

Please see attachment

Explanation:

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4 years ago
Bulk wine sold in a box/bag will likely not declare vintage and often carry a large geographical region regarding sourcing grape
goblinko [34]

You might be talking about appellation, a legally defined geographical place or indication where wine grapes are grown. Almost all decent wines have appellation printed on their labels. Even wine blends must have respective appellations of wine grapes it is made from. Many wines sold in bulk, however, are blends of red or white wines from all around the world. Therefore, most bulk wines does not have appellation and that also makes them cheap..


7 0
3 years ago
Flow Company has provided the following information for the year ended December 31, 2019: • Cash paid for interest, $20,000 • Ca
Natasha2012 [34]

Answer:

A net inflow of $49,000.

Explanation:

The Cash flow from Financing Activities section shows the cash resulting from sourcing finance and repayments thereoff.

Cash flow from Financing Activities

Cash paid for dividends                                            ($6,000)

Cash proceeds from bank loan                               $29,000

Cash purchase of treasury stock                             ($11,000)

Cash received from issuance of common stock    $37,000

Net Cash from Financing Activities                         $49,000

therefore,

The result from Financing Activities shows a net inflow of $49,000.

7 0
3 years ago
According to the definition of market value, what should an appraiser do if there are special or creative financing terms presen
-BARSIC- [3]

According to the definition of market value an appraiser should ignore the concessions, complete the appraisal, and select appropriate comparables if there are special or creative financing terms present for the subject property.

<h3>What is market value?</h3>
  • The price at which an asset would trade in a competitive auction environment is known as its market value, or OMV.
  • Despite the fact that these phrases have different meanings under various standards and can have variations in some situations,
  • market value is frequently used interchangeably with open market value, fair value, and fair market value.
  • You would multiply the total number of outstanding shares by the current share price to determine a company's market value.
  • If ABC Limited, for instance, has 50,000 shares outstanding at a price of $25 apiece, its market value would be $1.25 million (50,000 x $25).

Learn more about market value here:

brainly.com/question/15148120

#SPJ4

7 0
2 years ago
Key West To Go, located in Key West, Florida, builds and sells scooters. These are sold to several local shops in the area, who
beks73 [17]

Answer:

d. 42.90 hours

Explanation:

y = aQᵇ

y = average time to produce one more unit

a = the time it took to produce the first unit

Q = cumulative production

b = learning rate = [(log learning rate in %) / log 2] = -0.152003093

learning rate in % = 10.8 / 12 = 0.9 = 90%

cumulative quantity             average hours per unit               total hours

1                                                    12                                               12

2                                                   10.8                                            22.8

3                                                   10.38                                          33.18

4                                                   12 x 4⁻⁰°¹⁵²⁰⁰³⁰⁹³ = 9.72            42.90

3 0
3 years ago
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