Answer:
Tater and Pepper Corp
computation of EBIT
$million
Free cash flow 51.1
Add: Tax 25.3
Investment in operating Capital 34.1 <u>59.4</u>
110.5
less: Depreciation expenses <u> 14.8</u>
EBIT <u>95.7 </u>
Explanation:
Answer:
$30.80
Explanation:
Intrinsic value
V0=D1/1+k +D2/(1+k)^2 +DH+PH/(1 +k)^H
Let plug in the formula
First step
V0=$1 × 1.2/(1+0.085) +($1 × 1.2)^2/(1+0.085)^2 +($1 × 1.2)^2*1.04/(0.085-0.04)*(1+0.085)^2
Second step
V0=1.2/1.085+1.44/1.007225+1.44*1.04/0.045*1.177225
Third step
V0=1.2/1.085+1.44/1.007225+1.4976/0.052975
Fourth step
V0=1.10599+1.42967+28.26993
V0=$30.80
Therefore the intrinsic value of its stock will be $30.80
<u>The party may be entitled to a </u><u>partial recovery</u><u> under the </u><u>contract.</u>
<u></u>
<h3><u>What is Substantial Performance in Contract Law?</u></h3>
Each party promises to uphold its end of the bargain when two parties enter into a contract. Say, for instance, that a property owner hires a contractor to work on their property's construction, such as adding a wing to the house. The property owner will pledge to pay for the services provided, and the contractor will promise to carry out the construction as specified in the contract.
When there is just a minor deviation from the terms of the agreement, a good faith attempt was made to achieve complete performance, and there was no major breach, a party may claim substantial performance. In essence, the result will be adequate to support payment for the services provided.
Learn more about substantial performance with the help of the given link:
brainly.com/question/15835417?referrer=searchResults
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Answer:
Explanation: do you have the answer now?
