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Norma-Jean [14]
3 years ago
10

Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to re

purchase shares from its investors, and has already announced the stock repurchase plan. Currently Luther is an all equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.The market value of Luther's non-cash assets is closest to:
Business
1 answer:
Step2247 [10]3 years ago
7 0

The non-cash assets of Luther is closest to a market value of $20 billion.

  • Based on the accounting equation that <em>Assets = Liabilities + Equit</em>y, the non-cash assets can also be determined as follows:

  • Non-cash Assets + Cash = Liabilities + Equity (market value)

  • Non-cash assets = 0 + $25 billion - $5 billion

  • Non-cash assets = $20 billion.

Data and Calculations:

Available cash = $5 billion

Number of equity shares = 1.25 billion

Current market price per share = $20

Market value of Equity = $25 (1.25 billion x $20)

  • Non-cash assets = $20 ($25 - $5) billion

Thus, Luther's non-cash assets has a market value of $20 billion.

Learn more about market value of assets at brainly.com/question/17924671

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A great way to make an impression after an interview is to send a handwritten thank-you note to your interviewer within ________
Komok [63]

The best way to make an impression on your interviewer is to send a handwritten thank-you note within 48 hours after your interview.

<h3>What is an Interview?</h3>

An interview is an assessment of an individual. It is a structured conversation where one asks questions and the other provides an answer to the questions.

Interviews are used most times to know the qualification of an individual and to get to know more about the individual. To make an impression on the interviewer, it is advisable to send a thank you note to the interviewer within 48 hours after the interview.

Learn more about Interviews here:

brainly.com/question/8846894

5 0
2 years ago
Discuss the pros and cons of four performance appraisal tools​
Tresset [83]

Answer:

Pros and cons are for every method listed below. A person can only see his strength and power during self assessment and he may ignore all his mistakes as it can be his over confidence in himself. Graphic rating may be disappointing as many employees can get same rating and there will not be any difference among them in the pay rise.

Explanation:

There are four major performance appraisal tools

1. Self assessment

2. Graphic Rating

3. Behavioral Checklist

4. 360 degree feedback

5 0
3 years ago
Pinnacle Financial Services managers meet annually to create a list of potential future complications and plan how to respond to
Virty [35]

Answer: contingency

Explanation:

Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.

Therefore, based on the question, Pinnacle is practicing contingency planning.

7 0
3 years ago
Scenario B: Raney Pharmaceuticals Corp. has completed a SWOT analysis as part of their ongoing strategic planning process. They
pickupchik [31]

Answer:

SWOT ANALYSIS

Explanation:

A SWOT analysis looks at internal and external factors that can affect a business.

In SWOT analysis Internal factors are strengths and weaknesses. External factors are the threats and opportunities. An example of an external factor is changes in technology or a new government policy.

The Strategic planning process implored by Raney Pharmaceuticals Corp should help them:

1. respond to new trends

Since more people are becoming interested in natural alternatives to traditional chemical pharmaceuticals and the trend is expected to continue over the next decade Raney Pharmaceuticals Corp could take advantage of this opportunity by diversifying to produce natural alternative medication.

2. Discover threats (external factor)

Since New regulations have been passed limiting their ability to sell certain formulations over the counter, it would likely reduce their sales.

3. Overcome Weakness

The company has inadequate financial resources to invest in their operations and thus would need to get new investors.

Also, since they have fallen behind in research and development in the last few years adequate measures should be taken to improve their research and development.

4 0
3 years ago
The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $900 per month.
Aliun [14]

Answer:

$950 in order to maximize the revenue.

Explanation:

The computation of monthly rent in order to maximize revenue is shown below:-

R (x) = Rent price per unit × Number of units rented

= ($900 + $10 x) × (100 - x)

= $90,000 - 900 x + 1000 x - 10 x^2

R (x) = -10 x^2 + 100 x + $90,000

Here to maximize R (x), we will find derivative and equal it to zero

R1 (x) = -20 x + 100 = 0

20 x = 100

x = 5

Therefore the monthly rent is p(5) = $900 + 10(5)

= $900 + 50

= $950 in order to maximize the revenue.

3 0
3 years ago
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