Answer:
The correct answer is letter "A": the discount rate that makes the net present value of a project equal to the initial cash.
Explanation:
The Internal Return Rate, or IRR, is a central component of corporate finance capital budgeting. Companies use it to determine which discount rate will make the Present Value of the after tax cash flows equal to zero (0). Any project that returns an IRR greater than 0 ads has a value.
<em>In the decision-making process, IRR is subordinated to Net Present Value because it is preferred an absolute dollar amount that is higher than a higher IRR.</em>
 
        
             
        
        
        
Answer:
Option (C) is correct.
Explanation:
We have to use MM proposition that cost of equity will change itself in such a manner so that it can take care of its debt.
Cost of equity: 
= WACC of all equity firm + (WACC of all equity - Cost of debt ) × (Debt -to-equity ratio)
At the beginning, when there was no debt, 
WACC = cost of equity = 12 %
Levered cost of equity: 
= 12% + ( 12% - 6%) × 0.5 
= 15%
Therefore, Rearden's levered cost of equity would be closest to 15%.
 
        
             
        
        
        
Answer:
Part (a) The net income of carter is $115 million.
Part (b) The closing cash balance at the end of year is $360.
Explanation:
Part (a) Net Income Computation:
Sales                                     $825
Cost of goods sold             <u>(</u><u>$290</u><u>)</u>
Gross Profit                          $535
Other Expenses                  <u>(</u><u>$425</u><u>)</u>
Net income                          $115 Million
Part (b) The cash balance of  Carter is not dependent on non cash flows. So the cash transactions would be considered here for cash balance computation.
Opening Cash position               $290
Collection from Sales                  $710
Inventory Invoices paid              ($350)
For  Everything                           <u>($290)</u>
Closing Cash balance                 $360
 
        
             
        
        
        
Answer:
See below
Explanation:
a. Earnings per share
= After tax earnings / Number of common shares outstanding
= $3,000,000 / 761,000
= $3.9 per share 
b. Assuming that a share of Bozo Oil's company has a market value of $40, then, the firm's price earning ratio would be:
= Common stock market value / Earnings per share
= $40 / $3.9
= 10.26
c. The book value of a share of Bozo Oil's common stock 
Book value = (Assets - Liabilities) / Number of shares outstanding 
= ($15,000,000 - $9,000,000) / 761,000
= $6,000,000 / 751,000
= $7.88 
 
        
             
        
        
        
Answer:
a.) psychiatric research
Explanation:
A research based on psychology is carried out with the sole purpose of analyzing the behavior of an individual or a group of individuals, based on their overall experiences. In this case, the research is also based on analyzing patients to see who is the best fir to participate in a community service project