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scZoUnD [109]
3 years ago
7

If in 2009 Luther has 10.2 million shares outstanding and these shares are trading at $16 per share, then what is Luther's Enter

prise Value
Business
1 answer:
kaheart [24]3 years ago
6 0

Answer:

163.2 million

Explanation:

The enterprise value is calculated by first obtaining the market value of the equity which is done by multiplying the number of outstanding shares by the value that each individual share is currently trading at. Then you add all existing debt to the market value of the equity, and finally you subtract all liquid cash available. Since neither debt or cash is provided as values in this question we can assume there is none and simply calculate the market value of the equity as the Enterprise value...

10.2 * 16 = 163.2 million

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saveliy_v [14]

Answer:

b. can be tailored to the needs of the internal user.

Explanation:

Managerial accounting information is basically for internal users, and is not aimed to provide information to external users. It aims of future projections.

It need not follow the US GAAP process, as there is no statutory requirement.

Shareholders are considered external for this purpose, as internal ones are, management, employees, labor etc:

Therefore, it does not help shareholders.

It does not report any kind of business results, it only aims to regulate transactions and accordingly planning future goals.

Therefore, correct option is

b. can be tailored to the needs of the internal user.

7 0
3 years ago
I have a question<br><br> I dont know I was just wondering
Elis [28]
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8 0
2 years ago
A company has a $20 million portfolio with a beta of 1.2. It would like to use futures contracts on a stock index to hedge its r
11111nata11111 [884]

Answer: 88.89 or 89

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Given the following ;

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Portfolio Beta (b) = 1.2

Index price (i) = 1080

Multiplier = 250

Future value(A) = index price × multiplier

Future value(A) = 1080 × 250 = 270000

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N = ($20,000,000×1.2)÷270000

N = 24000000 ÷×270000

N = 88.8888=88.89

N = 89 (NEAREST whole number)

7 0
3 years ago
Why is it important to understand money behavior is 80% and you have with your money and 20% is knowledge
musickatia [10]

Answer:

because it is always good to have money and understand and then save it and spend it wisely

Explanation:

7 0
3 years ago
According to lawrence and lorsch, the stability of an organization's environment determine(s) the degree of ____.
Paul [167]
<span>According to Lawrence and Lorsch, the stability of an organization's environment determine(s) the degree of differentiation or integration that is necessary. 

Lawrence and Lorsch developed the contingency theory which involves organizations and changes in the environment. They watch how organizations change and perform based on what is changing around them and then how they adapt to the change. 
For them, differentiation is defined as organization systems breaking into smaller subsystems. Integration is defined as how well the subsystems work together to complete the overall task of the organization. 
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8 0
3 years ago
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