Can someone add my class code on remind im bo.red asl

sugar Skull Corporation uses no debt. The weighted average cost of capital is 8.5 percent. The current market value of the equit

Bess [88]

The value of EBIT in the given question is $399,647,060.

Given, that the weighted average cost of capital = 8.5 percent

Corporate tax rate = 21 percent

The current market value of the equity = $43 million

Using the formula for determining the value of the unlevered firm which is,

Value of unlevered firm = {EBIT(1-t)}/ $k_{e}$ (equation 1)

( where, t = corporate tax rate

$k_{e}$ = weighted average cost of capital )

Now, Substituting the value of corporate tax rate, the value of unlevered firm, and the weighted average cost of capital in equation 1.

$43 million = EBIT {(1-0.21)/0.085} (Since, corporate tax rate and weighted average cost of capital are in percentage to convert them into values we divide them by 100 )

43,000,000 = EBIT * 0.79/0.085

EBIT = 43,000,000 * 0.085/0.79

= 43,000,000 * 9.29411

= 39,96,47,058.8235

= $399,647,060 ( after rounding off to the nearest tens)

Hence, the value of EBIT in the given question is $399,647,060

Learn more about EBIT here:

brainly.com/question/17093104

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7 0

2 years ago

According to the Bureau of Labor Statistics (BLS) high-paying jobs in health care and jobs in leisure, hospitality, and educat

Damm [24]

According to analyzes by the Bureau of Labor Statistics, there will be expansion of complex goods and services, which require greater education in their production and marketing. Thus, these services tend to cater to those people who have the resources to pay for it. This means that the rapid expansion of services expected over the next five years will focus on the richest. Healthcare, education and leisure firms will tend to produce more personalized services to increase their profitability. This is basically the market logic of the economy.

8 0

4 years ago

In the past there have been violent protests against the World Bank and the World Trade Organization. The protesters argued that

rjkz [21]

Answer:

1) disagree with the protesters because these practices will help make both rich and poor countries richer.

Explanation:

Free trade and foreign direct investments should make increase the wealth of both poor countries and rich countries. This rarely happens due to one main problem, corruption in poor countries. A lot of people are angry at foreign multinational corporations that have excessive powers on poor countries and they also earn extremely high profits, but it is not only the fault of the multinationals, it is also the fault of the poor countries' leaders.

No corporation can simply go to another country and claim everything for themselves, ti doesn't work like that. Generally corporations have very deep pockets and they simply bribe a president, a secretary of something, a few more people including congressmen and magically they purchase the purchase assets at below market prices. This repeats again and again everywhere around the world, with a very few exceptions.

For example, Ireland was extremely poor and when it joined the European Union it decided to host several multinationals and it has turned into a developed country since then. Chile is another successful story, and it was a dictator that opened Chilean economy to foreign investment.

The problem with most poor countries is that their corrupt leaders benefit themselves and not the country.

6 0

3 years ago

If a contractual obligation can be negated by a particular action, the contractual promise is said to be _?_.

Reptile [31]

<span>Termination clauses always make a contract invalid for lack of consideration.</span>

4 0

4 years ago

Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam

Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0

4 years ago