Answer:
$3.12
Explanation:
For expansion:
EBT = EBIT - Interest
= [6,000 + (30% × 6,000)] - $0
= $7,800
Net income = EBT - Tax
= $7,800 - $0
= $7,800
Earning per share for the case of strong expansion period before any debt is issued:
= Net income ÷ Number of shares outstanding
= $7,800 ÷ 2,500
= $3.12
Based on the amounts that you are offered and their present values, the offer you should pick is Birr 10,000 in 12 years.
<h3>Which offer should you pick?</h3>
You should pick the offer with the highest present value.
Offer 1 present value:
= Birr 1,000
Offer 2 present value:
= 10,000 / (1 + 11%)²
= Birr 2,858
Offer 3 present value:
= 25,000 / (1 + 11%)³
= Birr 1,840
In conclusion, option 2 has the highest present value and so should be picked.
Find out more on present value calculations at brainly.com/question/27821989.
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Answer: necessity entrepreneur
Explanation: While an entrepreneur is described as someone who organizes and operates a business venture and assumes much of the associated risks, necessity entrepreneurs only do so out of necessity (the quality or state of being necessary, unavoidable, or absolute requisite). As such, they are individuals ranging from educated persons to street sellers especially in developing countries who create small businesses or enterprises out of the need to survive. In Michael Peters' case, he lost his job due to downsizing which caused him to apply his skills and talents to starting up a business.
<span>The nervous system uses
Gamma-Amino Butyric acid (GABA) as a neurotransmitter in the central nervous
system. The use of several depressants increases the transmission of GABA that
may cause the nervous system to slow down. The reaction of the body to several
depressants is also unpredictable which makes it more dangerous.</span>
