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kotegsom [21]
1 year ago
14

Consider two firms, Firm X and Firm Y, that have identical assets that generate identical cash flows. Firm Y is an all-equity fi

rm, with 1 million shares outstanding that trade for a price of $24 per share. Firm X has 2 million shares outstanding and $12 million in debt at an interest rate of 5%. Assume the M&M world with perfect capital markets. The stock price for Firm X is closest to ________.
Business
1 answer:
ioda1 year ago
7 0

Answer:

As per MM proposition total capital would remain same.

which implies share price = (24-12)/2= $6 per share

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Elena has been absent without excuse twice during the past month. Her manager calls her into his office and issues a written​ wa
Leona [35]

Answer:

Basic corrective action

Explanation:

Basic corrective action is undertaken by management to its staff or employees in order to eliminate further recurrence of non-conformity with organization procedures, rules and policies. The written warning to Elena is an example of basic corrective action in order for her to stop absenteeism from work.

3 0
2 years ago
2. Trying to help your business and others with similar goals by trading information, including contacts and referrals, is calle
g100num [7]
I would think it was c
8 0
2 years ago
E&J Auto Body Shop estimated overhead cost for the coming year will be $15,000 and 5,000 direct labor hours will be worked.
kondor19780726 [428]

Answer:

correct option is b. $ 30

Explanation:

given data

overhead cost = $15,000

direct labor hours = 5,000

required direct labors hours = 10

solution

we get here Fixed Overhead Rate that is

Fixed Overhead Rate = estimated overhead cost ÷ direct labor hours ........1

Fixed Overhead Rate = \frac{15000}{5000}  

Fixed Overhead Rate = $3 per labor hour

and

Job overhead applied express as

overhead = Fixed Overhead Rate  × required direct labors hours  ..........2

overhead  = $3 × 10

overhead = $30

so correct option is b. $ 30

8 0
2 years ago
Bolton Tire Manufacturing and the union came to an impasse during negotiation of the collective bargaining agreement. Specifical
Maslowich

Answer:

The correct answer is the option A: the employees have engaged in an unfair labor practice strike.

Explanation:

To begin with, due to the fact that the union was already establishing the area for the negotiation and they might have planeed obviously to keep trying to increase the situation in their favour then the action taken by the employees was a bit hurry and was obvious that was not thought very well with calm minds and therefore that they engaged in an unfair labor practice strike because they had to be patience and wait for the union to improve the situation for them, because their are the representatives and if the company sees that the workers do not obey to the representatives then the union will lose negotiation power and the situation will get worse for them.

4 0
2 years ago
Lynn Amherst is a sales associate for Excel Realty. Lynn is preparing a classified ad for a listed property. The company's phone
Ulleksa [173]

Answer: d. Call Lynn Amherst, Excel Realty 333-2020 (cell).

Explanation:

When Advertising it is best to state contact details in terms of what type they are. Lynn in this case should specify to her intended audience that the phone number listed is Lynn's cell phone number so that they do not believe it to be the company's phone number.

3 0
2 years ago
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