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shtirl [24]
3 years ago
15

15) Hallowell Inc. has free cash flow of $2.5 million and 1.25 million shares outstanding. If you believe the price to cash flow

ratio for this company should be 11, what is the highest price you should pay for the stock?
Business
1 answer:
lisov135 [29]3 years ago
6 0

Answer:

The highest price for the stock is  $22.00

Explanation:

Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.

The cash flow ratio for the company is 11.

Solution:

For one stock the cash flow ratio is 11.

Then the highest price we should pay is $22.00.

So we should pay $22.00 for one stock.

Therefore the highest price we should pay for the stock is $22.00          

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Western Company is preparing a cash budget for June. The company has $10,100 cash at the beginning of June and anticipates $31,9
Anna71 [15]

Answer:

Borrow $6,300.

Explanation:

The company has $10,100 cash at the beginning of June

and anticipates $31,900 in cash receipts

and $38,300 in cash disbursements during June.

This gives a positive balance of (10,100 + 31,900 - 38,300) $3,700 and

To maintain the $10,000 required balance, during June the company must:Borrow $6,300.

8 0
3 years ago
Read 2 more answers
Gabriel applies for a home loan and, mark signs the agreement promising to pay off the debt in case gabriel fails to do so. in t
Gemiola [76]
The answer is letter a, cosigner. Mark is a cosigner is someone who is in charged of the other person's debt when that person he's in signed with wasn't able to meet the requirements or fail to pay or comply. That is why Mark is considered to be a cosigner of Gabriel if Gabriel fails to comply to pay the loan and Mark is in charged to settle it if Gabriel fails to do so.
6 0
3 years ago
a client undergoes personalility changes and has difficulty with voluntary activities. the client is diagnosed with a brain tumo
Shalnov [3]

Answer:

3. Frontal Lobe

Explanation:

Based on the information provided within the question it can be said that in this scenario the client is diagnosed with brain tumor which the nurse indicates as being located in the Frontal Lobe. The nurse knows this immediately due to the fact that the Frontal Lobe is the part of the brain that concerns personality, behavior, emotions, and intellectual function. Since the client has undergone personality changes then it can be deduced that the tumor is located in the Frontal Lobe.

7 0
3 years ago
Hi there !
Zanzabum

Answer:

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period while revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations.

6 0
2 years ago
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You have accumulated $85,000 in student loans that average 5% interest. You graduate next month and will be paying off the loans
photoshop1234 [79]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 85000
PMT monthly payment?
R interest rate 0.05
K compounded monthly 12
N time 10 years
Solve the formula for PMT
PMT=Pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=85,000÷((1−(1+0.05÷12)^(
−12×10))÷(0.05÷12))
=901.55 round to the nearest tenth to get 900

Hope it helps!
8 0
3 years ago
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