Answer:
$75.3 million
Explanation:
Data provided in the question:
Shares outstanding = 3 million
Current price = $15 per share
Value of Bonds = $30 million
Selling price of bonds = 101% of par
Now,
Market Value of the firm = Market Value of shares + Market Value of bonds
or
Market Value of the firm = ( 3 million × $15 ) + ( $30 million × 101% )
or
Market Value of the firm = $ 45 million + $30.3 million
or
Market Value of the firm = $75.3 million
Draw the supply/demand curve. The line is above market equilibrium....the question literally states that the price rises, and since the supply curve has a positive slope (assuming unit elasticity), the supply will increase. Meanwhile, the demand curve has a negative slope (still assuming unit elasticity), so the demand for it will decrease. This will result in a surplus, aka, an excess supply.
Answer:
The value of the net working capital to total assets ratio is 0.5067≅0.51
Explanation:
Given Data:
Accounts payable =$2,214
Inventory= $7,950
Cash=$1,263
Fixed Asset=$8,400
Accounts receivable=$3,907
Long-term debt=$4,200
Required:
The value of the net working capital to total assets ratio=?
Solution:
Net working Capital=Inventory+Cash+Accounts receivable-Accounts payable
Net working Capital= $7,950+$1,263+$3,907-$2,214
Net working Capital= $10,906.
Total assets=Inventory+Cash+Accounts receivable+ Fixed assets
Total assets= $7,950+$1,263+$3,907+$8,400
Total assets=$21,520
Ratio=
The value of the net working capital to total assets ratio is 0.5067≅0.51.
Answer:
Cleans current ratio is = 2.71
Explanation:
The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations.
Current asset is any asset which can reasonably be expected to be sold, consumed, or exhausted through the normal operations of a business within the current fiscal year or operating cycle.
Current liabilities are often understood as all liabilities of the business that are to be settled in cash within the fiscal year or the operating cycle of a given firm, whichever period is longer.
Current ratio = current assets ÷ current liabilities.
From the question above;
Current assets;
Cash $600
Account receivable $900
Office supplies $400
Total $1900
Current liabilities;
Account payable $500
Salaries payable $200
Total $700
Current ratio = 1900 ÷ 700
Current ratio = 2.71
Answer:
The answer is personal selling
Explanation:
_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.
