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Svetllana [295]
3 years ago
7

Zoom Enterprises expects that one year from now it will pay a total dividend of $4.7 million and repurchase $4.7 million worth o

f shares. It plans to spend $9.4 million on dividends and repurchases every year after that​ forever, although it may not always be an even split between dividends and repurchases. If​ Zoom's equity cost of capital is 13.3% and it has 5.3 million shares​ outstanding, what is its share price​ today?
Business
1 answer:
Ira Lisetskai [31]3 years ago
6 0

Answer:

$13.34

Explanation:

For computing the today price, first we have to determine the present value of equity which is shown below:

The Present value of equity = Spending amount on dividends and repurchases ÷ equity cost of capital

= $9.4 million ÷ 13.3%

= $70,676,691

Now the share price equals to

= Present value of equity ÷ outstanding shares

= $70,676,691 ÷ 5.3 million shares

= $13.34

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There is no demand for a certain commodity when the unit price is $200 or more, but the demand increases by 200 units for each $
nikitadnepr [17]

Answer:

y = -0.05x + 200

Explanation:

Two points are available ($200, 0), ($190, 200)

We find the equation from these two points.

Slope = (190-200)/(200 -0) = -10/200 = -0.05

Now, we write the equation of line with scope m=-0.05 and point (0. 200)

y-200 = -0.05(x-0)

y = -0.05x + 200 (Demand equation)

8 0
3 years ago
David Wallace was the president, chairman of the board of directors, and majority shareholder of Paper Imports, Inc. Acting as p
Paladinen [302]

Answer:

The answers to the two questions are detailed in the explanation;

Explanation:

1.In this first case, David Wallace may possibly win, since a single creditor as a witness that due to the negligence of the director of the company did not receive his payment is not enough evidence for a lawsuit.

There should be more creditors who are dissatisfied with this situation, and it must also be analyzed what were the real causes that led to the company not having made the corresponding payment to this creditor.

2.In this second situation, the company Dunder Company may possibly win, since the corporation breached a previously established contract, this establishes the basis for a lawsuit in which Papers Import must possibly comply with the provisions of the contract or compensate the damages caused to the Dunder Company.

8 0
3 years ago
On March 15, a fire destroyed Sheridan Company's entire retail inventory. The inventory on hand as of January 1 totaled $5900000
likoan [24]

Answer:

the approximate value of the inventory that was destroyed is $4,862,000.

Explanation:

Use the Gross Profit percentage to find the value of the inventory that was destroyed.

Sales                                                          $4,140,000

Less Cost of Goods Sold

Opening Inventory          $5,900,000

Add Purchases                $2,032,000

Add Freight In                     $242,000

Available                            $8,174,000

Less Inventory Lost         ($4,862,000)

Cost of Sales                                             (3,312,000)

Gross Profit at 20%                                    $828,000

Conclusion :

The Value of  inventory that was destroyed is $4,862,000.

3 0
3 years ago
On the statement of cash flows, the cash flows from operating activities section would include a. receipts from the issuance of
klio [65]

Answer:

c. payment for interest on short-term notes payable

Explanation:

Cash flow statement shows positive and negative cash flows that result from activities of a business. It is divided into 3 parts: cash flow from operating activities, cash flow from investing activities, cash flow from financing activities.

Cash flows form operations involves cash flows from regular business activities. A positive change in assets represents an outflow and a negative change in liability represents an inflow.

Items considered under operating activities include inventory, accounts receivable, accrued revenue, accounts payable, and tax liabilities.

Payment for interest on short-term notes payable is a account payable item, so it is included in cash flow from operations

8 0
2 years ago
The capacity of a resource determines the ___________ number of flow units that can flow through that resource per unit of time.
Goryan [66]

Answer:

the answer for the particular blank is Maximum.

Explanation:

  • The efficiency of a resource specifies the maximum number of flow units per unit of time which can flow through that resource.
  • when a resource produce more and more products to its maximum capacity, then we can say that it is the maximum production unit of a resource in a particular time

higher capacity shows higher production..

so, maximum capacity shows maximum production

8 0
2 years ago
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