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topjm [15]
3 years ago
13

Luther Industries has no debt, a total equity capitalization of $20 billion, and a beta of 1.8. Included in Luther's assets are

$4 billion in cash and risk-free securities. What is Luther's enterprise value?
Business
1 answer:
lakkis [162]3 years ago
4 0

Answer:

2400000000

Explanation:

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4 0
3 years ago
Scientific management approach has lost its relevance. How might today's
Setler [38]

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6 0
3 years ago
A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases b
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<span>A monopolist sells 6 units of a product per day at a unit price of $15. if it lowers price to $14, its total revenue increases by $22. this implies that its sales quantity increases by: 8 units. 

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5 0
3 years ago
The following transactions occur for Cardinal Music Academy during the month of October:
tamaranim1 [39]

Answer:

The entries to record the transactions are given below.

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Debit Cash Asset                          $ 7000

CreditService Revenue income   $ 7000

b. Purchase prepaid insurance to protect musical equipment over the next year for $3,000 cash.

Debit Prepaid Insurance equipment Asset $ 3000

Credit Cash Asset                                          $ 3000

c. Purchase musical equipment for $10,000 cash.

Debit Equipment Asset    $ 10,000

Credit Cash Asset            $ 10,000

d. Obtain a loan from a bank by signing a note for $10,000

Debit Cash Asset            $ 10,000

Credit Notes payable     $ 10,000

7 0
3 years ago
The senior leadership and board of directors are meeting to determine the key priorities for community Hospital for the year ahe
Pie

Answer:

lol umm i knew it but then forgot

Explanation:

7 0
3 years ago
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