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SSSSS [86.1K]
2 years ago
9

Franktown Motors is expected to have an EBIT of $687,400 next year. Depreciation, the increase in net working capital, and capit

al spending are expected to be $48,000, $7,000, and $42,000, respectively. All cash flow items are expected to grow at 6 percent per year for four years. After Year 5, the CFA* is expected to grow at 2.1 percent indefinitely. The company currently has $3.2 million in debt and 250,000 shares outstanding. The company's WACC is 9.9 percent and the tax rate is 21 percent. What is the price per share of the company's stock?
Business
1 answer:
vivado [14]2 years ago
7 0

Answer:

It is $ 18.74

Explanation:

Kindly find attached working details.

Download xlsx
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Design Services is organized as a limited partnership, with Miko Toori as one of its partners. Miko's capital account began the
Veseljchak [2.6K]

Answer:

Partners return on the equity will be 18.8 %

So option (e) will be correct option

Explanation:

We have given Miko's capital account began the year with a balance of $16200

So beginning equity of miko's = $46,200

Ending equity of miko's = $46,200 + $8,700 - $5,200 = $49,700

Average equity =\frac{49700+46200}{2}=$47950

Partners return on equity =\frac{partners\ net\ income}{average\ partners\ equity}=\frac{8700}{47950}=0.181=18.1%

So partners return on equity will be 18.8 %

So option (e) will be the correct answer

3 0
2 years ago
Scenario: An organization has recently suffered a series of security breaches that have significantly damaged its reputation. Se
Rina8888 [55]

Answer:

Vulnerability analysis

Explanation:

Since the organization has hired a security consultant to help them reduce their risk from future attacks, What the consultant would use to identify potential attackers is vulnerability analysis.

Vulnerability Analysis is a vulnerability assessment which entails an in-depth analysis of the building functions, systems, and site characteristics to identify: 1. Weaknesses in the system and

2. Determine mitigation or corrective actions that can be designed and implemented to eradicate vulnerability or reduce the vulnerabilities.

3 0
2 years ago
Larkan & Tokodo is a financial institution that sells shares to investors. The funds resulting from the investments are pool
Shtirlitz [24]

Answer:

mutual fund

Explanation:

A mutual fund is an investment vehicle that collects money from investors (usually small investors)  and invests that money in purchasing and selling securities, e.g. bonds, stocks, etc. They are managed by a fund manager (usually not a person, but a company, in this case Larkan & Tokodo) that decides where to invest the funds. The value of a mutual fund is determined by the price of its shares that basically includes a fraction of the investment pool.

3 0
2 years ago
Read 2 more answers
________ asserts that our genes set the boundaries within which we can operate, and our environment interacts with our genes to
borishaifa [10]

Range of reaction asserts that our genes set the boundaries within which we can operate and our environment interact with our genes

Explanation:

Range of reaction is that the characteristics that are expressed in the individuals are the results of the change in the both genetic characters and the changes that occur in the environment

They are also influenced by other factors like that the things to which they are exposed and the rate at which they occur if the father is a foot ball player the child is also automatically exposed to that environment which alters the phenotype of the child

3 0
2 years ago
. A company is authorized to issue 750,000 shares of $5 par value common stock. Prepare journal entries to record the following
Rudiy27

Answer:

The answers are:

<u>January 10</u>

Cash                                          $816,000

Common stock                                                  $510,000

Contributed capital in excess

of par value, common stock                             $306,000

<u>January 15</u>

Equipment                                   $80,000

Common stock                                                    $50,000

Contributed capital in excess

of par value, common stock                               $30,000

<u>February 1</u>

Organizational expenses              $3,000

Common stock                                                    $25,000

Contributed capital in excess

of par value, common stock                                    $500

Explanation:

Contributed capital in excess of par value is the amount of money (or other assets) over the par value of stock (in this case $5 per common stock) that the company received form shareholders in exchange for stock.

5 0
2 years ago
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