1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fynjy0 [20]
3 years ago
8

The following data apply to Garber Industries, Inc. (GII): Value of operations $1,000 Short-term investments $100 Debt $300 Numb

er of shares 100 The company plans on distributing $100 as dividend payments. What will the intrinsic per share stock price be immediately after the distribution? a. $7.72 b. $6.32 c. $7.00 d. $7.35 e. $6.65
Business
1 answer:
kari74 [83]3 years ago
5 0

Answer:

The correct option is $7,option C

Explanation:

The approach here is that we calculate the value of the firm after the cash dividend distribution ,which is simply the value of operations of $1000 since the short-term investments of $100 has been used in paying dividends.

Thereafter,the value of equity is the value of operations of $1000 minus the value of debt at $300,that is $700 ($1000-$300).

Finally intrinsic share price=value of equity/number of shares

number of shares is 100

intrinsic value per share=$700/100=$7 per share

You might be interested in
Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa
Flura [38]

Answer:

a sustainable competitive advantage

Explanation:

A sustainable competitive advantage -

It refers to the practice which the company need to inculcate , in order to sustain in the upcoming global market , is referred to as a sustainable competitive advantage .

The company need to have a good reputation along with good services for each of his customer , so that everyone enjoys the service without any discrimination , and this practice help the company to grow flourish in future .

Hence , from the given scenario of the question ,

The correct term is a sustainable competitive advantage .

5 0
3 years ago
term insurance covers the insured for the stated term of the policy. true false user: two statements are true of ordinary whole-
zysi [14]
I believe the answer is: True

For example, every individuals are subjected to the risk of experiencing some sort of health problems, that might cost us a lot of money.

When a person bought a health insurance  that person would transfer the financial risk that might occurs because of their health condition to the insurance company. So when that person need treatments, the insurance company would cover the cost.
7 0
3 years ago
Read 2 more answers
A local newspaper devotes its New Year's Day issue to people who have performed heroically during the past year. One of the peop
Wittaler [7]

Answer:

PRIVACY RIGHT of a person or an individual

does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

Explanation:

Based on the information given we were told

that Janet was included in a local newspaper

for the people who have performed heroically in which the article stated that she had been unable to find work due to burns to Janet hands and her feet which in turn makes Janet to sued the newspaper for the invasion of her privacy.

Therefore how the case should be decided is that the PRIVACY RIGHT of a person or an individual does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

8 0
3 years ago
Mark accidentally overheard a confidential phone conversation between his boss and the district manager during which they discus
EleoNora [17]

Answer:

-Say nothing to his co-workers since this was a private conversation and he could lose his job if his boss found out he was spreading sensitive company information

Explanation:

Since in the situation it is mentioned that Mark accidentally heard a confidential phone conversation in which the possibility of layoff in the sales division would be discussed he is not in danger but some of his friends are the sales representatives so mark would not tell anyone as it is a private conversation and he could lose the job if the boss knows that the information is spread by mark

Therefore the second option is correct

5 0
3 years ago
According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is
marusya05 [52]
Managing because it's non profit
4 0
3 years ago
Other questions:
  • Jason's Outdoors manufactures two products: snow skis and water skis. Jason's managerial accountant suspects that product cost d
    14·1 answer
  • Omega locates it global manufacturing in mexico, its global distribution in honduras, and its design in germany. by dispersing d
    13·2 answers
  • In the _____ step of the adoption process, a consumer begins to give the product a mental trial by applying it to his or her per
    14·1 answer
  • The Federal Reserve System (the 'Fed') was created by the Federal Reserve Act, passed by Congress in 1913, and began operations
    10·1 answer
  • How much time, on average, would a server need to spend on a customer to achieve a service rate of 20 customers per hour?
    8·1 answer
  • The net cost to society from the imposition of a tax is also known as:
    13·1 answer
  • A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday.
    10·1 answer
  • What is Seth Godin’s overall message to companies?
    13·1 answer
  • If the expected rate of return on the market portfolio is 12% and T-bills yield 6%, what must be the beta of a stock that invest
    12·1 answer
  • Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real gdp is $700 billion,
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!