Answer:
$160,000
Explanation:
Calculation of the car dealership's profit
Using this formula
Profit= Total revenue- Amount Spend
Where,
Total revenue=$300,000
Amount Spend=$140,000
Let plug in the formula
Profit =300,000-140,000
Profit =160,000
Therefore the car dealership's profit will be $160,000
Stock price would be equal to total value of equity divided by no. of shares outstanding. The total value of equity would be calculated as follows:
Total value of equity = corporate value – notes payable – long term debt – preferred stock
= $900 million - $110 million – 90 million – 20 million
= $680 million
The price of the stock would be:
Stock price = total value of equity / no. of shares outstanding
= $680 million / 25 million
= $27.20
Publicity is more credible because it is less biased :)
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Table number: A table should always be numbered for easy identification
Title of the table
Stubs: These refer to the headings of horizontal rows.
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