Answer:
Market price per share = <u>Total market capitalization</u>
No of shares outstanding
= <u>$1.25 billion</u>
$50 million
= $25 per share
Number of shares to issue to repay debts
= <u>Total value of debt</u>
Market price per share
= <u>$750 million</u>
$25
= 30 million shares
Explanation:
In this case, we need to calculate the market price per share by dividing the total market capitalization by the number of shares outstanding.
Thereafter, we will derive the number of shares needed to repurchase debt by dividing the value of debt by the market price per share.
Answer:
Order cycle time = 28.85 days
Explanation:
<em>The Economic Order Quantity (EOQ</em>) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost.
It is computed using he formula below
EOQ = √ (2× Co× D)/Ch
Co- ordering cost, Ch- Holding cost per unit per annum
D- Annual demand,
EOQ - Economic order qunatity
Co-125. Ch- 2.50, D- 40,000
EOQ= √ (2× 125× 40,000)/2.5
EOQ = 3,162.27
The cycle time = order quantity/annual demand× 365 days
= 28.85 days
Answer:
When attempting to get a better understanding of insurance, there are four unique characteristics that need to be done and they are conditional, unilateral, adhesion, and aleatory.
Answer:
Jun's pressure and influence has invalidated Mika's consent.
Explanation:
By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above
Answer:
Stock price is $68.65
Explanation:
The following image shows the stock price: