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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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A business model describes how a company​ produces, delivers, and sells a product or service to create wealth.
Rudiy27

Answer: True.

Explanation:

The business model of a company is a business organization's plan to operate business. The business model covers the product the company intends to sell, the customers their products are aimed towards and the budgeted cost of running the business.

3 0
3 years ago
In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in
almond37 [142]

Answer:

B. $19,687 mil

Explanation:

The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).

Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.

This 15% of income = $2,953 mil

Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil

8 0
3 years ago
What does a money market account offer that a certificate of deposit (CD)
ruslelena [56]

Answer: A. You can withdraw money at any time.

Explanation:

4 0
3 years ago
Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below:
Anettt [7]

Answer:

0.34

Explanation:

Calculation to determine what The manufacturing cycle efficiency (MCE) was closest to:

First step is to calculate the Throughput time using this formula

Throughput time = Process time + inspection time + move time + queue time

Let plug in the formula

Throughput time=6.1+1.5+4.1+6.2

Throughput time=17.9

Now let calculate the MEC using this formula

MEC = process time / throughput time

Let plug in the formula

MEC=6.1/17.9

MEC =0.34

Therefore The manufacturing cycle efficiency (MCE) was closest to:0.34

8 0
3 years ago
Every society faces trade-offs because we live in a world of scarcity. Suppose a student-athlete has the opportunity to earn$400
ki77a [65]

Answer:

Earning $700,000 next year playing for a European professional football team

Explanation:

Opportunity cost is the sacrificed option in decision making. The value of opportunity cost is expressed as the forfeited benefits from the next best alternative. Opportunity cost arises due to scarcity of resources, including time and finances.

The student-athlete cannot be in school and engage in play in a professional league in the same year. The student has to pick one option as he or she cannot be in two places at the same time. The forfeited option is the opportunity cost. In the case of many options, the forgone option with the highest value is the opportunity cost. For this student-athlete, $700,000 missed for not playing for a European professional football team is the opportunity cost. It represents the next best alternative from the option chosen.

5 0
3 years ago
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