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Ne4ueva [31]
3 years ago
5

A company has a share price of $24.50 and 118 million shares outstanding. Its book equity is $688 million, its book debt-equity

ratio is 3.2, and it has cash of $890 million.
How much would it cost to take over this business assuming you pay its enterprise value?
Business
1 answer:
Mrac [35]3 years ago
8 0

Answer:

Enterprise value = $ 3,033

Explanation:

The enterprise value is full value of business. It includes total equity and debt. However cash and cash equivalent are not included in it. Detail calculations are given below.

Enterprise Value = Market value of equity/common stock + Total debt- Cash

MV of equity = 24.5 * 118 = $ 2,891

Total Debt    = 688/2*3   = $ 1,032

Cash                                 = ($ 890)

Enterprise value             = $ 3,033  

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Mike organizes a group of students upset over the food selection in the cafeteria. He assigns times for students to stand in the
alukav5142 [94]

Answer:

interest group

Explanation:

Based on the information provided within the question it can be said that this is an example of an interest group. This term refers to group of individuals that share a common interest and because of it work in unison in order to influence the government so that they promote and protect that interest. Which in this scenario the group's main interest is on the food selection in the cafeteria, and are working together to influence the organizational entity to change it.

3 0
3 years ago
Which of the following demand data exhibit(s) a seasonality pattern?
Luba_88 [7]

Answer:

b. Electricity usage over a 24 hour period

Explanation:

Seasonality pattern of demand refers to the want or desire for a good which fluctuates as per the seasonal requirements. For example the demand for air conditioners is most during summers and almost nil during winters.

In the given case, Electricity represents seasonal demand in the sense that during day time, when several tasks are to be performed which are dependent on electricity, the usage is most and such usage falls as one moves towards the evening.

Thus, electricity usage over a 24 hour period represents seasonality pattern of demand.

6 0
4 years ago
Roger has been lifting weights seriously for years. his twin brother steven does not exercise regularly. which of the following
klasskru [66]

Answer:

Roger`s osteoblasts are more active than Steven`s

Explanation:

Since the osteoblasts are the cells that are going to produce the bones, the lifting weights are going to promote that these cells are active in combination with hydroxiapatite that can reinforce the bones of our body.

In any case there is a sign of osteolysis, if this is a "natural" process, is more common when there is some sympthoms of some illness like cancer.

Hope this info is useful

7 0
3 years ago
Economists argue that:_______.
lawyer [7]

Answer:

d. ​every decision has an opportunity cost.

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

Accounting cost only includes explicit cost.

Economic cost includes both implicit and explicit Cost.

economic decisions dont include sunk costs. 

I hope my answer helps you

4 0
4 years ago
On July 15, 2021, the Nixon Car Company purchased 2,100 tires from the Harwell Company for $40 each. The terms of the sale were
SOVA2 [1]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are shown below:

On July 15

Purchases (2,100 × $40)      $84,000

          To Accounts Payable    $84,000

(Being the purchase is recorded)

On July 23

Account payable $84,000

           To Purchase discount  $2,520   ($84,000 × 3%)

            To Cash $81,480

(Being the payment is recorded)

On August 15

Account payable $84,000

   To cash $84,000

(Being the payment is recorded)

7 0
4 years ago
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