Answer:
Market/Book Ratio = 1.92 times
EV/EBITDA = 13.65 times
Explanation:
As for the information provided,
EBITDA = $1.794 billion
The value of common equity in books = $7.2 billion
Outstanding shares = 300 million
Share price per share = $46
Therefore, market value of common equity = $46 
300 million
= $13.8 billion
Therefore, market/book ratio = $13.8 billion/$7.2 billion
= 1.9167 times
EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents
= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion
= $24.48 billion
EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times
Answer:
MV=$46.5
Explanation:
MV=D1/(Ke-g)
Mv=1.15/(.114-0.089)
MV=46.5
Where MV=?
Ke=11.4%
g=8.95% it calculated by discounting all dividends with Ke
D1=1.15
Answer:
Debit cash $7800
Credit unearned revenue $7800
Explanation:
The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.
The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.
Answer: (C) Job enrichment
Explanation:
The job enrichment is one of the type of method that is used for motivating the employees in an organization for specific job and the various types of challenging tasks.
The main aim of the job enrichment is that it helps in creating the various types of opportunities for the recognition the skills and also the professional growth in an organization.
It also provide the various types of self management to the employees in their specific tasks or duties. According to the question, the Skrugetech Inc. is using the job enrichment for designing the jobs profiles in an organization.
Therefore, Option (C) is correct answer.
Answer:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
Explanation:
Giving the following information:
Benson produced 4000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the company used 25,000 direct labor hours and actual total direct labor costs were $250,000.
<u>We need the information regarding the standard rate for each hour of labor and the number of hours required to manufacture each unit</u>. The formula for direct labor efficiency variance is:
Direct labor efficiency variance= (Standard Quantity - Actual Quantity)*standard rate
