14,500 is the basic earnings per share (rounded).
A stock market is a platform where buyers and sellers come together to trade listed stocks at certain times of the day. The terms "stock market" and "stock market" are often used interchangeably. In the stock market, investors buy and sell shares of companies. It is a series of exchanges where companies issue stocks and other securities for trading.
This includes over-the-counter (OTC) markets, where investors trade securities directly with each other (rather than through an exchange). The share market is where stocks are bought and sold. Shares represent the units of ownership of the company that you purchase.
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Answer:
$114,193.55
Explanation:
The calculation of value of the firm is shown below:-
Value of the firm = (((EBIT × (1 - Tax)) ÷ Cost of capital) + (Debt × Tax)
=((($17,100 × (1 - 21%)) ÷ 12.4%) + ($25,000 × 21%)
= ((($17,100 × (0.79)) ÷ 12.4%) + ($25,000 × 21%)
= ($13,509 ÷ 12.4%) + ($25,000 × 21%)
= $108,943.55 + $5,250
= $114,193.55
So, for computing the value of the firm we simply applied the above formula.