C. Foreign
The face value of a currency compared to its purchasing power against other (inter)national currencies determines the currency’s strength
Answer: $369,500
Explanation:
The Cost concept of accounting calls for the recording of Assets at their cost.
Clementine Repair services offered to buy the land at $350,500 when it was priced at $388,500.
The seller countered with $369,500 and Clementine accepted this.
This means that Clementine bought the land for $369,500 which makes it the cost price.
They should therefore record it at $369,500.
Answer:
Value of company = $982.16
Explanation:
The free cash flow is the cash generated by a company that is not retained and reinvested. It is the cash flow available to all providers of capital . It is available to pay dividend or finance other project
The value of the company would be the present value of its free cash flow discounted at the weighted average cost of capital.
Value of company )year 4= 85/(0.12-0.065) = 1,545.45
Value of company (in year 0) = 1,545.45× 1.12^(-4)= 982.16
Value of company = $982.16 millions
Answer:
they are able to set their own hours and policies.
Establish prices.
Mall Critical decisions on how to operate the company.
Some people don't want to work for a boss. Others have an innovative mind or brilliant idea
People also engage in business to make a difference in the world.
Answer: 9.2%
Explanation:
The interest rate that Rolling Coast should expect to issue new bonds will be calculated thus:
Firstly, we will calculate the previous risk premium on BBB bonds which will be:
= 11.5% - 8.7% = 2.8%
Then, the new risk premium on BBB bonds will be:
= Previous risk premium / 2
= 2.8% / 2
= 1.4%
Then, the interest rate that Rolling Coast should expect to issue new bonds will be:
= 7.8% + 1.4%
= 9.2%
