Answer:
The goal of the managers of a publicly owned company should be to maximize the firm's <u>INTRINSIC VALUE</u>.
The board of directors' and upper management's main goal is to maximize the corporation's value in order to maximize stockholders' wealth.
An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.'s stock should be $37.32 per share, but Mandalays Inc.'s stock is trading at $45.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently:
If the analyst considers that the stock's intrinsic price is $37.32 and the market price is $45.59, this means that currently the stock is overvalued.
Answer:
•Filing for bankruptcy can eliminate debt.
•A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.
Explanation:
Bankruptcy can be defined in three ways.
1. Bankruptcy involves restructuring debts owed by a debtor inorder to be able to pay them. In other words, debtors would file for bankruptcy if they want more time to have their debts restructured(having a payment plan). This gives them another opportunity to pay up their debts.
2. Bankruptcy is when a company sell off it's assets or liquidate them inorder to pay up the debts owed to creditors.
3. Bankruptcy is when an individual who earns wages or has steady source of income is allowed to have a payment plan in order to pay part of his or her debt.
In the above defined bankruptcy options, the chances of getting additional credit after paying up the initial is low. The reason is that these debts would reflect in the credit report of would be borrower in the future hence pose a red flag to organizations that would grant the credit.
It is important for individuals or companies to manage their credit efficiently. Though filing for bankruptcy can eliminate debt, the major future consequence of it is that it can harm an individual's chances of receiving additional credit.
Answer:
Explanation:
Radio Frequency Identification (RFID) is a form of wireless communication that used to uniquely identify an object, person or animal.
(1) RFID chips are used to track goods in distribution.
These chips built-in a scanner that is used to track goods in distribution. for example, logistic companies using this tool to track goods in their distribution.
(2) RFID chips are used to track job progress in production:
These chips are used in the factory to track the job progress in production. For example, in the Biscuit Factory, counting of numbers of biscuits and then wrapping into packet.
(3) RFID chips are used to provide special instruction to the operator:
These chips are used to provide special instruction to the operator working on the machine in the industry of textile, flour mills, and steel industry, etc.
(4) RFID chips can be used in inventory record keeping:
These chips are used in the scanner that tracks the inventory record. Large organizations and firms that are producing products use RFID chip built-in scanner to keep the inventory record. These scanners track inventory and submit data to a centralized system for making decisions etc.
Answer:
Present value after 34years = 1000000
Cash flow at present= 5000
Using
PV= CF(1+R)^t
1000000=5000(1+R)^34
R=1.169-1
R=0.168(16.8%)
