Answer:
D) Shares in a brewery
Explanation:
Beer is not a durable good, and the security analyst reported non-durable goods are not going to perform well. The analyst didn't specify which non-durable goods would not perform well, but beer is the only possible option. The other three alternatives all relate to durable goods (steel, industries, home appliances).
Answer:
formatting or editing because that is where you can change how something is placed or appears in the document.
Answer: 5.05 per share
Explanation:
.Porter. Street
$,000 $,000
Net income. 264. 236
Less amortization 0. 12
Less Interest. 48. 36
Total. 216. 188
*=. 216+188= 404/80000shasres
=5.05
The parents company Peter fully owns all the share of street which means it takes the whole.profit of street, The consolidation sechdule only takes cognizance of the parents company shares in calculating earning per share and the subsidiary share which is Street it's treated as an investment. The convertible shares are also not taking into consideration since they have not been convert.
Answer:
9.9702%
Explanation:
After-tax cost of debt=12*(1-tax rate)
= 12* (1-0.4) =7.2%
WACC=Respective cost*Respective weight
=(7.2×0.45)+(10.41×0.04)+(12.38×0.51)
=9.9702%
Answer:
Sustainable growth rate = 20.86%
Explanation:
Given the total asset turnover = 3
Profit margin = 5.9%
Equity multiplier = 1.50
Payout ratio = 35%
Sustainable growth rate = ROE * (1 – payout ratio) / 1- ROE * (1 – Payout ratio)
ROE = Profit margin * total asset turnover * equity multiplier
ROE = 5.9 * 3 * 1.5
ROE = 26.55%
Sustainable growth rate = 0.2655 * (1-0.35) / 1 – 0.2655 * (1-0.35)
Sustainable growth rate = 20.86%
