Answer:
Market/Book Ratio = 1.92 times
EV/EBITDA = 13.65 times
Explanation:
As for the information provided,
EBITDA = $1.794 billion
The value of common equity in books = $7.2 billion
Outstanding shares = 300 million
Share price per share = $46
Therefore, market value of common equity = $46
300 million
= $13.8 billion
Therefore, market/book ratio = $13.8 billion/$7.2 billion
= 1.9167 times
EV represents enterprise value which is the market value of equity + total debt - cash and cash equivalents
= $13.8 billion + $8.1 billion + $2.7 billion - 0.120 billion
= $24.48 billion
EV/EBITDA = $24.48 billion/$1.794 billion = 13.65 times
Let the additional number of units, babymart need to sell be x, then
Revenue = $315(400 + x)
New fixed cost = $50,000 - $5,000 = $45,000
Thus, Total cost = $115(400 + x) + $45,000
Net income = Revenue - Total cost = 315(400 + x) - 115(400 + x) - 45,000 = 40,000
⇒ 200(400 + x) = 40,000 + 45,000
⇒ 80,000 + 200x = 85,000
⇒ 200x = 85,000 - 80,000 = 5,000
⇒ x = 5,000 / 200 = 25
Therefore, the additional number of units babymart needs to sell to maintain the same level of income is 25 units.
Answer:
If the several companies in the tobacco industry produce similar products but have very different marginal costs: they are more likely to engage in tacit collusion than firms with similar costs.
Explanation:
Tacit collusion occurs when firms silently agree on a strategy that will benefit them both either by cutting cost or increasing patronage.
If the several companies in the tobacco industry produce similar products but have very different marginal costs, some firms might decide to collude tacitly by lowering their prices therefore controlling a larger potion of the addressable market.
The reason this action is taken silently is because express collusion will attract legal sanctions that will be supported by firms within the industry that did not collude.
Answer:
getting a job is fun cuz u can earn mone
Explanation:
How does job satisfaction positively affect job performance?
by increasing continuance commitment