Answer:
In response to this call, the bondholders should Accept the call as call price exceeds the conversion value
Explanation:
Number of shares (if bonds are converted) = par value/conversion price = 1,000/33.33 = 30 shares
Current value of 30 shares = 30*current share price = 30*33.10 = $993.10
Call price of $1,025 is greater than the current value of converted bonds, so bondholders should accept the call
Answer:
B. L - B + D
Explanation:
There are three different shifts of operation, Lunch, breakfast and dinner. The liner programming constraint is that lunch total must be equal to the sum of other two shifts. The constraint equation is formed to identify the number of students need to be hired for each shift.
When I to marketing class at my school I was able to highlight the cell and move it. So i think it is True.
Answer:
Book Value per share is $2.96 and Earnings per share is $1.78
Explanation:
The market-to-book ratio is:
<u>Market Value </u> = 3.31 times
Book Value
The market value of the stock is $9.80 per share. Therefore, to calculate the Book Value, we make the Book Value subject and divide the ratio by Market Value per share:
Book Value per Share = <u>Market Value per share</u>
Market-to-Book ratio
= <u>9.80</u>
3.31
= $2.96
The PE ratio is:
<u> Price </u> = 5.51 times
Earnings
The price of the stock is $9.80 per share. Therefore, to calculate the Earnings per share, we make the Earnings subject and divide the PE ratio by Price of stock:
Earnings per share = <u> Price </u>
PE Ratio
= <u>9.80</u>
5.51
= $1.78
Answer:
The correct answer is 3.
Explanation:
Giving the following information:
Your coin collection contains fifty-four 1941 silver dollars. These coins have appreciated at a 10 percent annual rate.
To calculate the future value, we need to use the following formula:
FV= PV*(1+i)^n
i= 0.10
PV= 54
n= 2060 - 1942= 119
FV= 54*1.10^119= 4,551,172.47
