Answer:
The answer is ($174,000)
Explanation:
Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.
Cash flow from financing activities:
Issuance of common stock......................................$79,000
Payment of dividend........($13,000)
Settlement of notes payable.................................($125,000)
Payment for treasury stock.........…...........................................($115,000)
Net cash from financing activities...............................($174,000)
Answer:
High-tech firms are hiring expensive, sophisticated people who are in high demand compared to fast food franchises and treat them better to avoid losing them to other companies
Explanation:
High-tech firms are hiring expensive, sophisticated people who are in high demand. This brings about a better treatment of their employees because if they do not offer these amenities to employees, they would become employees of other high-tech companies. Individuals with low skill levels do not get high salaries or benefits. They are not in as high demand as highly skilled workers. It is efficient, but many would argue that it is not fair.
The largest part of a(n) _COMET_____ is its long, glowing tail
Answer:
![4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}](https://tex.z-dn.net/?f=4%5Cfrac%7B2%7D%7B6%7D%20%3D%203%5Cfrac%7B8%7D%7B6%7D%20%3D%20%5Cfrac%7B26%7D%7B6%7D)
Explanation:
Given
and ![3\frac{8}{6}](https://tex.z-dn.net/?f=3%5Cfrac%7B8%7D%7B6%7D)
Required
Show that they are equivalent
To do this, we simply convert both fractions to either decimal or improper fraction
Using improper fraction
![4\frac{2}{6} = \frac{6 * 4 + 2}{6}](https://tex.z-dn.net/?f=4%5Cfrac%7B2%7D%7B6%7D%20%3D%20%5Cfrac%7B6%20%2A%204%20%2B%202%7D%7B6%7D)
![4\frac{2}{6} = \frac{24 + 2}{6}](https://tex.z-dn.net/?f=4%5Cfrac%7B2%7D%7B6%7D%20%3D%20%5Cfrac%7B24%20%2B%202%7D%7B6%7D)
![4\frac{2}{6} = \frac{26}{6}](https://tex.z-dn.net/?f=4%5Cfrac%7B2%7D%7B6%7D%20%3D%20%5Cfrac%7B26%7D%7B6%7D)
![3\frac{8}{6} = \frac{6 *3+8}{6}](https://tex.z-dn.net/?f=3%5Cfrac%7B8%7D%7B6%7D%20%3D%20%5Cfrac%7B6%20%2A3%2B8%7D%7B6%7D)
![3\frac{8}{6} = \frac{18+8}{6}](https://tex.z-dn.net/?f=3%5Cfrac%7B8%7D%7B6%7D%20%3D%20%5Cfrac%7B18%2B8%7D%7B6%7D)
![3\frac{8}{6} = \frac{26}{6}](https://tex.z-dn.net/?f=3%5Cfrac%7B8%7D%7B6%7D%20%3D%20%5Cfrac%7B26%7D%7B6%7D)
After converting both to improper fraction, we have:
![4\frac{2}{6} = 3\frac{8}{6} = \frac{26}{6}](https://tex.z-dn.net/?f=4%5Cfrac%7B2%7D%7B6%7D%20%3D%203%5Cfrac%7B8%7D%7B6%7D%20%3D%20%5Cfrac%7B26%7D%7B6%7D)
<em>Hence, both are equivalent</em>
Answer:
The value per share of common stock today is $23.94
Explanation:
To calculate the worth of the stock today, we first need to calculate the value of firm using FCF and then calculate the value of equity by deducting the market value of debt and preferred stock from the value of firm. Then we will divide the value of equity by the number of common stock shares.
Value of firm will be calculated using the discounted cash flows model approach. The value of firm will be,
Value of firm = 780000 * (1+0.1) / (1+0.13) + 780000 * (1+0.1) * (1+0.08) / (1+0.13)^2 + 780000 *(1+0.1)*(1+0.08)*(1+0.07) / (1+0.13)^3 +
[ 780000 *(1+0.1) *( 1+0.08) *(1+0.07) *(1+0.06)) / (0.13 - 0.06)] / (1+0.13)^3
Value of firm = $12,577,754.16
Value of equity = $12,577,754.16 - (2000000 + 1000000) = $9,577,754.159
Value per share = $9,577,754.159 / 400000
Value per share = $23.944 rounded off to $23.94