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rjkz [21]
4 years ago
5

Conundrum Mining is expected to generate the above free cash flows over the next four years,after which they are expected to gro

w at a rate of 6% per year. If the weighted average cost ofcapital is 12% and Conundrum has cash of $80 million, debt of $60 million, and 30 millionshares outstanding, what is Conundrumʹs expected terminal enterprise value?A) $413.4 millionB) $459.3 millionC) $505.3 millionD) $528.2 million
Business
1 answer:
frutty [35]4 years ago
4 0

Answer:

B. 459.3 million

Explanation:

FCF5 = $26 million * (1 + 0.06) = 27.6 million

and to continue

V4 = $27.6 million / (0.12 - 0.06) = 459.3 million

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Listed below are the top 10 annual salaries​ (in millions of​ dollars) of TV personalities. Find the​ range, variance, and stand
Juli2301 [7.4K]

Answer:

$24.7million

$97.86million

$9.89million

Explanation:

 

From the sample , the lowest number is 16.3 and the highest number is 41, the range is

41-16.3

=$24.7 million

 

 

Σ \frac{(x-x_{mean} )^2}{n}

 

In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3  )/10

mean=26.81

 

Using that, we can find the variance:

[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million

 

The standard deviation is just the square root of the variance:

standard deviation=√(var)

 

, the standard deviation is the square root of 97.86, which equals ​$ 9.89 million

4 0
3 years ago
Using a perpetual inventory system, the entry to record the return of inventory previously purchased on account includes a: Debi
prohojiy [21]

Answer:

Debit to Accounts Payable.

Explanation:

Using a perpetual inventory system, the entry to record the return of inventory previously purchased on account includes

Accounts Payable Dr.

Merchandise Inventory Cr.

In the periodic system the temporary Purchase Return and Allowances Accounts accumulates the cost of all returns and allowances during a period.

In periodic system each purchase, purchase returns, discounts, transportation in, transactions are recorded in separate temporary accounts.

7 0
3 years ago
The management of Osborn Corporation is investigating an investment in equipment that would have a useful life of 8 years. The c
motikmotik

Answer:

$80,800

Explanation:

Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive

Using this formula

Annual cash flows = Negative net present value to be offset ÷ Present value factor

Let plug in the formula

Annual cash flows = $401,414 ÷ 4.968

Annual cash flows = $80,800

Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800

4 0
3 years ago
Provided travel services to group of travelers; they paid $22,500 now and will pay $4,500 later
leonid [27]

Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:

Journal Entries:

Debit Cash $22,500

Debit Accounts Receivable $4,500

Credit Service Revenue $27,000

  • To record the provision of travel services for cash and on credit.

Data Analysis:

Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000

Thus, the total service revenue recorded for this transaction is $27,000.

Learn more: brainly.com/question/16781277

5 0
3 years ago
Why should an entrepreneur do a feasibility study for starting a new venture
nexus9112 [7]

Answer:

Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.

4 0
3 years ago
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