Answer:
Firm's value of operations = $2,100 million
Explanation:
Using the growth model we have
Free cash flow at t=1 = $150 million + 5% expected growth = $157.5 million
Weighted average cost of capital = 12.5%
Therefore with growth rate = 5%
We have present value of firm's operations = 
= 
Firm's value of operations = $2,100 million
Answer: $35.3 trillion
Explanation:
NAFTA Spending power = $7.5 trillion
The spending power of the European Union will be denoted by E while the combined spending power will be denoted by E + N.
N = 17.5% of (E + N)
N = 17.5 / 100 (E + N)
100N = 17.5E + 17.5N
100N - 17.5N = 17 5E
82.5N = 17.5E
E = 4.7N
E = 4.7(7.5)
E = $35.3 trillion
Answer:
D. Check written for $ 59 but recorded by the Company as $ 95
Explanation:
The correct choice is D since a check written at a higher than the correct amount has to be adjusted by adding the differential amount to the balance per books.
The options B and C are errors by the bank and thus would need to be adjusted on the bank side of the bank reconciliation.
The option A refers to a check value erroneously understated in the balance per books and this would require a deduction on the balance per books.
A toaster connect it to an app on your phone that tells you when your toast is donr, or when the toaster needs to be cleaned or repaired.
oh and also a camera so you can see your bread turn into toast cuz y not
Answer:
a. 2005 2006 2007 2008
Holding period return 10% -7.27% 5.88% -100
b. Geometric average return = -100
c. Dollar weighted return= -2.70%
Explanation:
Holding period return = 
=
* 100
= 10%
geometric average return = (( 1+r)*(1+r2)*(1+r3)*(1+r4))^1/4 - 1
dollar weighted return = (initial investment + additions) / (initial investment -withdrawals)
= ( 5000+ 2750)/(5000-3825-4050)
= 7750/-2875
=
