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Mashutka [201]
3 years ago
10

. Underwater Experimental is considering a project which requires the purchase of $498,000 of fixed assets. The net present valu

e of the project is $22,500. Equity shares will be issued as the sole means of financing the project. What will the new book value per share be after the project is implemented given the following current information on the firm
Business
1 answer:
GarryVolchara [31]3 years ago
3 0

Answer:

$13.25

Explanation:

The computation of the new book value per share is as follows

current market price per share is

= market value ÷  number of shares outstanding

= $936,000 ÷ 60,000

= 15.6

Now

number of shares to be issued is

= cost of the machine ÷current market price per share

= $498,000 ÷ $15.60

= 31923.07692

Now

The new book value per share is

= (current book value + amount raised from the issuance of shares ) ÷ ( current number of shares + number of shares issued for machinery purchase

= ($720,000 + $498,000 ) ÷ ( 60,000 + 31923.08 )

= $13.25

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Answer:

$96,000

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<u>Materials Purchase Budget</u>

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Taking a college course and recieving both high school and college credit is called?
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A proprietorship has three important advantages: (1) It is easily and inexpensively formed, (2) it is subject to government regu
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Answer:

<em>A proprietorship has three important advantages: </em>

(1) It is easily and inexpensively formed,

(2) it is subject to few government regulations, and

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<em>However, a proprietorship also has three important limitations: </em>

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(3) A proprietorship has difficulty obtaining large sums of capital so proprietorships are used primarily for small businesses.

As all company structures, proprietorships have both advantages and disadvantages. Although the advantages mainly relate to feasibility, the disadvantages are often overlooked. The main disadvantage is the total liability of the owner, which is detrimental if the business faces tough times, which lead to liquidation.

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Answer:

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