Answer:
It can purchase at most, $18.13 per share.
Or 72.52 millions for the total 4,000,000 shares
Explanation:
We are given with the present value of the merger at Craftworks discount rate. The shares can be purchase at most at the same level of the present value of the increase in the free cash flow.
That way, the net present value will be zero and the merger will yield the 16% required.
72,520,000 Millions
4,000,000 shares outstanding
price per share 18.13
The crafworks shares can be purchase at most for 18.13 above this, it would yield the 16% required
Currently the share are at 16.25 so it could be possible to do the take-over
Answer:
true
Explanation:
yes United states has market economies
C coverage because it’s money to pay for the accident etc.
Answer:
The correct answer is A. Account payable 750 Cash 750.
Explanation:
This problem requires us to tell the accounting entry a business will make when making payment against offices supplies puchased on credit.
When the business has bought it it would have made following entry
Offices supplies debit 750
to payable credit 750
On settlement the business will make entry as mentioned in option A.
