1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The sunk cost of
Law Incorporation [45]

Answer:

$4.50

Explanation:

The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.

If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.

Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost

= $5.00 - $0.50

= $4.50

3 0
3 years ago
Is coke and pepsi a duopoly
Nookie1986 [14]

Answer:

Rivalry between Coca-Cola and PepsiCo is not a form of warfare: it is a competitive oligopoly. We might even say it’s a duopoly because the two firms control almost the entire market for soda-flavoured colas.

Explanation:

5 0
2 years ago
What is a product's life cycle?
valentina_108 [34]
Or think about it it’s easy
8 0
3 years ago
Which of the following is a characteristic of an unstructured interview? a. Conducted by a professional interviewer b. Focuses o
Gelneren [198K]

Unstructured Interviews are common in small businesses. Option C is correct.

<h2>What is an Unstructured Interview?</h2>
  • It refers to an interview in which the questions are not prearranged by the interviewer that is to be asked to the respondents.
  • Unstructured interviews are more casual and unrehearsed than structured interviews in which prearranged, standardized questions are asked.
  • This provides free-flowing conversation on respondents' personal qualities and knowledge related to relate to the work.

Since in small companies, the work areas of employees are wider than the big corporate.

Therefore, unstructured Interviews are commonly used in small businesses to get a deeper understanding of respondents' personal qualities related to work.

To know more about Unstructured:

Interview:brainly.com/question/12208322

5 0
2 years ago
Company A considers buying company B by means of a tender offer. Company B will accept any offer of A which reflects a fair valu
Evgen [1.6K]

Answer:

the price per share in the case when A offers B is $200

Explanation:

The computation of the price per share is as follows:

The fair value is

= ($60 + $120) × 50%

= $90

The 50% represent the percentage of equally

Now the price per share is

= $90 + $90 + $20

= $90 + $110

= $200

Hence, the price per share in the case when A offers B is $200

The same is to be considered

3 0
3 years ago
Other questions:
  • The growth of the internet caused many traditional companies to ________ in response to customer demands and a changing marketpl
    13·1 answer
  • Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe
    12·2 answers
  • If improvements occur with any of the four factors of production what occurs with the real output?
    14·1 answer
  • Safty nets should be provided where the falling distance is 25 feet or more
    12·1 answer
  • Blake and Matthew are partners who agree that Blake will receive a $103,000 salary allowance and that any remaining income or lo
    9·1 answer
  • Pratt, an owner of an appliance store, has a garage sale at his home where he sells old furniture and books. He sells a set of b
    14·1 answer
  • Question 3 of 20
    9·1 answer
  • For a cheese-lover, Burger King's Mac n' Cheetos are what type of product? (1pt)
    15·1 answer
  • Did yall know Kanye West was running for president?
    10·1 answer
  • The primary benefit of in-house banking as used by a major corporation is: Group of answer choices Improved visibility and contr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!