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shtirl [24]
3 years ago
7

Nouvelle-Aquitaine Railroad is comparing two separate capital structures. The first structure consists of 405,000 shares of stoc

k and no debt. The second structure consists of 252397 shares of stock and $1.82 million of debt. What is the price per share of equity?
a. $75.56.
b. $88.76.
c. $82.42.
d. $72.12.
e. $93.20.
Business
1 answer:
matrenka [14]3 years ago
7 0

Answer:

$11.93

Explanation:

Calculation to determine the price per share of equity

Using this formula

Price per share of equity = Debt under Plan II / (Number of shares under Plan I - Number of shares under Plan II)

Let plug in the formula

Price per share of equity= $1,820,000 / (405,000 - 252,397)

Price per share = $1,820,000 / 152,603

Price per share = $11.93

Therefore the price per share of equity is $11.93

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The first step to merging is entering the ramp and _____.
zhannawk [14.2K]

Answer:

That is nice of you :)

Explanation:

7 0
3 years ago
North Company designs and manufactures machines that facilitate DNA sequencing. Depending on the intended purpose of each machin
Minchanka [31]

Answer:

1. Axial insertion

Factory overhead per board 2.70

2. Hand load

Activity consumption per board 27.50

3. Hand load

Activity driver rate 6.03

4. Masking

Factory overhead per board 51

5. Final test Test time 1

Explanation:

Calculation to Determine the missing amount

Activity Cost Driver Activity driver rate Activity consumption per board Factory overhead per board

1. Axial Insertion Number of axial insertions 0.27 10 10*.27 = 2.70

2. Hardware Insertion Number of hardware

insertions 4.00 (110/4 = 27.50) 110

3. Hand load Boothroyd time (48.24/8 = 6.03) 8 48.24

4. Masking Number of points masked 0.30 170 (170*.30 = 51)

5. Final test Test time (10/10=1) 10 10

6 0
3 years ago
Wilma Robles is a District Operations Coordinator. When she visits one of her offices she finds that the office has three open b
PtichkaEL [24]

Answer:

The correct answer is letter "D": Both B and C.

Explanation:

Policies and procedure compliance imply following the Code of Ethics and good procedures every company establishes to ensure employees are not misusing the resources of the firm to their favor or the favor of other individuals. That code establishes the rules all workers must be committed to at the moment of accepting working by the organization.

Thus, <em>Wilma Robles should report the missing Emerald cards to her immediate supervisor and follow-up on the activities of the employees involved. Besides, all the workers in charge of Emerald cards must receive an assessment on how to use those cards according to the company's guidelines</em>.

8 0
3 years ago
Lily wants to maximize her benefit of consuming apples and bananas, given her fixed budget of $10 for these two fruits. The pric
JulijaS [17]

In order to derive Lily's demand curve for bananas, we need to solve the buyer's problem for her multiple times and find the optimal number of bananas, when price of a bananas is at a different level each time.

Explanation:

The demand curve is an intractable economic diagram that indicates the connection between an overall market demand for commodity quantity and market price.

The market demand graph is the convergence of all private market demand curves. This indicates the quantity expected by all people at different prices. For eg, the quantity expected by all advertisers at 10 dollars per day is 150 lattes.

4 0
4 years ago
Nominal GDP increases from year 1 to year 2. Therefore:
Wewaii [24]

Answer:

C

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Nominal GDP is GDP calculated using current year prices.

If nominal GDP increases, it can be as a result of an increase in price level or an increase in output

for example,

In economy A, price in year 1 is 10 and price in year 2 is 20. Output in both years is 20

Nominal GDP in year 1 = (10 X 20) = 200

Nominal GDP in year 2 = (20 X 20) = 400

It can be seen that nominal GDP increased even though output did not increase

Assume that in economy B, price in year 1 and 2 is 10. Output in year 1 is 100 and output in year 2 is 200

Nominal GDP in year 1 = (10 x 100) = 1000

Nominal GDP in year 2 =  (10 x 200) = 2000

Increase in nominal GDP in this economy is as a result of an increase in output

4 0
3 years ago
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