Answer:
$18.33 million shares price
Explanation:
Calculation for the share price
The present value of JECK Co.'s expected free cash flows is $100 million. If JECK has $30 million in debt, $6 million in cash, and 2 million shares outstanding, what is its share price?
First step is to find the MVE by using this formula
MVE= EV-D+C
= 93-34+7
=$66 million
Second step is to find the Po using this formula
Po =MVE/ Number of shares outstanding
= $66/3.6 million shares
= $18.33 million
Therefore the share outstanding will be $18.33 million shares price
Answer:
$3,780,000
Explanation:
Data provided in the question
Owning percentage = 12.6%
Dividend payment = $30,000,000
By considering the above information, the amount that helen received is
= Dividend payment × Owning percentage
= $30,000,000 × 12.6%
= $3,780,000
By multiplying the dividend payment with the owning percentage, the total dividend received can come
Answer:
$143,700
Explanation:
Current assets in Sheridan Company's trial balance are;
Accounts receivable (net) = $37,000
Trading securities = $11,500
Cash = $33,000
Inventory = $58,500
Prepaid expenses = $3,700
Total current assets = $37,000 + $11,500 + $33,000 + $58,500 + $3,700
= $143,700
The right answer is not given as an option.
If you have $500,000 and the yen exchange rate is .007, you would have
500,000/.007 = 71,428,571.43 yen
Then, if the exchange rate to Canadian dollars is 118 then you would have
71428571.43/118 = 605,326.88 dollars
Then if the exchange rate back to US dollars is .821, you would end up with
605,326.88 / .821 = $737,304.36
