It is compound. It has two independent clauses and it is joined together by a coordinating conjunction.
Answer:
Since there is not enough room here to elaborate a horizontal financial statement, I attached an excel spreadsheet. Each of the 12 events corresponds to the events detailed in the question.
Explanation:
Thta is true. Radical innovation has a significant effect on the market and on the economic activity of the firms in the market. Something that is false about radica innovation is that are evolutionary applications of novel ideas within existing paradigms and that is not true. We can say that this innovation <span>is an invention that destroys or supplants an existing business model.</span>
Answer:
The value of the levered firm is $917.35 million
Explanation:
To calcuate the value of the levered firm under the Miller Model, we have to use the following formula:
Value of levered firm (VL) = Value of unlevered firm(VU) + [1- { (1-Tc) * (1-Te) / (1-Td) } ] * Value of Debt (D)
= $850 million + [1 - { (1-0.34) * (1-0.25) / (1-0.30) } ] * $230 million
= $917.35 million. Value of levered firm (VL)