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ddd [48]
2 years ago
6

Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 w

as $58. What is Tobin’s Q for Smolira Golf? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
DaniilM [7]2 years ago
8 0

Answer:

Note: Missing question is attached below

Market value of equity = Shares * Share price = 20,000 * $58 = $1,160,000

Total debt = Current liabilities + Long term debt = $83,416 + $145,000 = $228,416

Book value of assets = $627,868

Tobin's Q = MV of equity + Bv of debt / Bv of assets

Tobin's Q = $1,160,000 + $228,416 / $627,868

Tobin's Q = 2.21

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allochka39001 [22]

No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.

<h3><u>What is the role of a director?</u></h3>
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In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created. 

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8 0
1 year ago
The SCOR model looks at a firm’s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as
Tpy6a [65]

Answer:

Source processes

Explanation:

The SCOR model looks at a firm´s supply chain activities in three levels of increasing detail. Level 1 views SCM activities as being structured around five core management processes including <u>Source processes</u> which are processes that procure goods and services to meet planned or actual demand.

Supply chain operations reference (SCOR):  It is a strategic planning tool that helps in identifying, improving and communicating supply chain management decisions within the company. It is a continuous improvement process and establishing a benchmark for the industry. It also works to develop a business process for satisfying customer´s demand. SCOR is based on five management process:

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Source process: This process of supply chain management is defined as steps to procure goods and services to meet the requirement for infrastructural arrangements.

8 0
3 years ago
Carow Corporation purchased on January 1, 2020, as a held-to-maturity investment, $60,000 of the 8%, 5-year bonds of Harrison, I
tigry1 [53]

Answer:

Entries are given below

Explanation:

Requirement A.

On January 1, 2020 Carrow purchased held to maturity investment, $60,000 of the 8% 5year bonds of Harrison, Inc for $65,118

Entry                                                DEBIT   CREDIT

Held-to-maturity securities            $65,118

cash                                                                $65,118

Requirement B.

The receipt of semiannual interest and premium amortization

Entry                                                DEBIT   CREDIT

cash (60,000 x 8% x 6/12)             $2,400  

held to maturity sercurities                            $446

interest revenue(65,118 x.6% x6/12)             $1,954

6 0
3 years ago
In a finance lease:
Maslowich

Answer:

A) the lessee records an asset and a liability for the present value of lease payments.

Explanation:

In a finance lease, the lessee business must estimate the present value of its obligations under the lease contract (using the lease's interest rate as the discount rate) and record it in the balance sheet as:

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7 0
3 years ago
*IF CORRECT ANSWER IS GIVEN I’LL AWARD BRAINLIEST!*
DaniilM [7]

The area in which Ronald would be working in the Orthopedic clinic for the specified job is:

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With this in mind, we can see that the area which Ronald would be working in the Orthopedic clinic if he gets the job would be Chargemaster as he in charge of overall accounting and billing duties.

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