All categories

3 years ago

_______are independent businesses that do not own the products they sell. They act as intermediaries to brinna

Business

1 answer:

ratelena [41]3 years ago

3 0

Answer:

Agents and brokers

Explanation:

Agents and brokers connect buyers and sellers. They are contracted by either sellers or buyers to help them increase sales or find items to buy. Agents and brokers act on behalf of their clients.

Wholesalers and retailers take ownership of the goods they sell. They first buy the goods, which gives them title to the goods before selling to retailers or consumers. Agent and brokers do not buy goods. They look for buyers or sellers for their clients' merchandise.

You might be interested in

The amount you owe in state income tax is based on:

artcher [175]

A. Your yearly earnings.

7 0

3 years ago

Read 2 more answers

Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: After-tax operating income

melamori03 [73]

Answer:

The company's stock price today should be $71.17 per share.

Explanation:

The corporate valuation model approach can be used to estimate this by using the following steps:

Step 1: Calculation of the free cash flow

Free cash flow is the cash a firm generates after accounting for capital expenditure. This can be estimated using the following formula:

Free Cash Flow (FCF) = After-tax operating income + Depreciation expenses - Capital expenditure

For this question, we therefore have:

Free Cash Flow (FCF) = $700 + $150 - $375 = $475 million

Step 2: Calculation of Value of operations (Vo)

Vo = FCF / (WACC - FCF growth rate) = 475 / (11% - 7%) = $11,875 million

Step 3: Calculation of the Firm value

Firm value = Vo + Non-operating assets = $11,875 + $199 = $12,074 million

Step 4: Calculation of value of equity

Value of equity = Firm value - Debt = $12,074 - $3,534 = $8,540 million

Note: The correct amount of debt is $3,534 not $3.540 as mistakenly given, may be due to typographical error, in the question.

Step 5: Calculation of stock price per share today

Stock price per share = Value of equity / Number of shares outstanding = $8,540 / 120 = $71.17 per share

Therefore, the company's stock price today should be $71.17 per share.

7 0

3 years ago

Which quality is a requirement in order for a destination to become a tourism destination area (TDA)?

valkas [14]

Should be accessible for road...,

7 0

4 years ago

The economic resources that are owned by a business are called stockholders' equity.

SOVA2 [1]

The economic resources that are owned by a business are called stockholders' equity.

False

4 0

3 years ago

Endotrope Corporation has an after-tax operating income of $3,200,000 and a 9% weighted-average cost of capital. Assets total $7

s344n2d4d5 [400]

Answer:

B. $2,732,000.

Explanation:

After-tax operating income (ATI) = $3,200,000

Weighted-average cost of capital (WA) = 9%

Assets (A) = $7,000,000

Liabilities (L) = $1,800,000

Economic value added (EVA) is given by:

$EVA = ATI -[(A-L)*WA]\\EVA = \$3,200,000 - [(\$7,000,000-\$1,800,000)*0.09]\\EVA = \$2,732,000$

Endotrope's economic value added is $2,732,000

5 0

3 years ago