In these cases, managers generate financial reports and evaluate performance using predicted cost data rather than real cost data.
The balance sheet, income assertion, and coins flow assertion are the three essential financial statements that managers should be capable of apprehend and compare.
The stability sheet provides a quick precis of a enterprise's financial function for a sure time period. in addition to tracking performance, budgets, and different signs, managers might also use monetary statements as equipment to inspire teams, make decisions, and keep a watch on the huge photo.
therefore, keeping an eye fixed for your financial performance increases your guarantee and confidence while making selections for the long time and the near term. a more healthy enterprise and faster boom rate follow from this. additionally, it allows you to outperform and outwit competitors who fall brief in this area.
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Answer:
$8,721.5
Explanation:
As per the question details provided, we are required to calculate the value of levered firm. Difference between the levered and unlevered firm is that the levered firm compromises of both the equity and debt in its valuation while the unlevered firm only has equity and no debt.
Therefore, the value of levered firm is the sum of the value of unlevered firm and the tax shield available to firm as interest expense on the debt which is tax deductible. The calculation is as follows:
Value of Unlevered Firm (VU) = {Expected Earnings x (1 - Tax Rate)} / Cost of capital
VU = [$1,900 x (1 - .34)]/.16 = $7,837.5
Value of Levered Firm (VL) = VU + Tax Rate (Debt Value)
VL = $7,837.5 + .34 ($2,600) = $8,721.5
Hence, value of the firm is $8,721.5
There are 78 gifts in the "twelve days of christmas"
Explanation:
The recording of the $39.5 million debt in balance is presented below:
Balance sheet
Current liability
Current portion of long term debt $7,000,000
Long term liability
Notes payable $32,500,000
Total liabilities $39,500,000