Answer:
d. All of these explanations could be relevant.
Explanation:
Change in demand for small luxury condominiums, from large single family homes could be : due to any of these three reasons - changing 'taste & preferences' of people
- Increase in senior citizen (old parents) , whose children have moved away from home. So, they might feel settling in community apartments better rather than full lonely homes (without children)
- Urban area aged people tend to have higher income & financial base for purchasing luxury condominiums
Answer:
Loss of $7,000
Explanation:
Cost Price of the Machine
In Germany=€300,000
Exchange Rate on March 1, 2017 was 1.16 US$/€
Cost Price in USA=300,000 X 1.16
=$348000
Selling Price of the Machine
= US$350,000
Amount Paid to the dealer on April 1, 2017 at an Exchange Rate of 1.19 US$/€.
=€300,000X 1.19
=$357,000
Since the Cost Price is greater than the Selling Price,
Loss= C.P - S.P.
Loss =357,000-350000 =$7000.
The dealer made a loss of $7,000.
Answer:
$6.3 per share
Explanation:
There are two method of Valuation of the firm
- Weighted average cost of the capital (WACC)
- Free cash flow to equity (FCFE)
We have to calculate the value of the firm using FCFE. Free cash flow to equity (FCFE) is the amount of cash flow generated by the business and potentially available for distribution among the stockholders.
Value of firm = Free cash flow / required rate of return = $120,000 / 12% = $1,000,000
Market value of Equity = Total value of firm - Market value of Debt - Market value of Preferred share
Market value of Equity = $1,000,000 - $300,000 - $70,000 = $630,000
Value of Patrick's stock = Market Value of equity / shares of stock outstanding = $630,000 / 100,000 = $6.3 per share
Government of South Africa has tye owner of South African Broadcasting Corporation. Is the form of ownership.
Answer: hope this helps
(pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares ... stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc.
Explanation: