answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aliun [14]
2 years ago
13

CT Stores has debt with a book value of $325,000 and a market value of $319,000. The firm's equity has a book value of $526,000

and a market value of $684,000. The tax rate is 21 percent and the cost of capital is 11.2 percent. What is the market value of this firm based on MM Proposition I without taxes
Business
1 answer:
yarga [219]2 years ago
5 0

Answer:

$1,003,000

Explanation:

Market Value of firm=Market value of equity+ market value of debt

                                  =684,000+319,000

                                  =$1,003,000

You might be interested in
Mary's company trained her to perform managerial functions, formulate innovative strategies, and also solve technical issues. Gi
Nataly [62]

Answer: Cross-training

Explanation:

 According to the given question, Mary's  company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.

The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.

The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.

 Therefore, Cross training is the correct answer.      

3 0
2 years ago
Kiwis and strawberries are substitutes for consumers. An increase in the price of a kiwi coupled with an increase in the number
valentina_108 [34]

Answer:

The correct answer is D

lowers; probably changes, but more information is needed to determine if it increases or decreases

Explanation:

The increase in suppliers for strawberries causes the supply curve to shift to the right causing the equilibrium price to lower fro Po to P1.

The increase of price for Kiwis will move the price from Po to P1. The new price is not at equilibrium, as there has not been a shift in demand or supply as shown in the diagram.

8 0
2 years ago
"analytic solver" ADC also is concerned about cash flow in years 2, 3, 4, and 5. Use Analytic Solver to estimate the distributio
Hatshy [7]

Answer:

is there an image that shows the amount of $

Explanation:

can't solve without knowing the amount sorry

5 0
2 years ago
When offered a choice between two sodas and 11 pizza slices or 14 sodas and three pizza slices, Nami replies that she would be e
dimaraw [331]

Answer:

Nami's indifferent in 3 points that lie on the different curve, the three poits

that are mentions are -

1. Point C - 5 soda and 6 pizza slices

2. Pont E - 2 soda and 11 pizza slices

3. Point F - 14 soda and 3 pizza slices.

Do check the graph,

In which x-axis is for pizza slices and Y-axis is for soda counts. The all three points are represented as E -( 2, 11), C - (5, 6), and F - ( 14, 3).

5 0
2 years ago
On January 1, 2020, Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets. The balance in Cracker
Sav [38]

Answer: $680,000

Explanation:

From the question, we are informed that Cracker Co. purchased 40% of Dallas Corp.'s common stock at book value of net assets on January 1, 2020 and that the balance in Cracker's Equity Investment account was $820,000 at December 31, 2020.

We are further told that Dallas reported net income of $500,000 for the year ended December 31, 2020, and paid dividends totaling $150,000 during 2020.

The amount paid by Cracker Co. for its 40% interest in Dallas Corp goes thus:

It should be noted that the balance in Cracker's Equity Investment account as at December 31st 2020 is the addition of the acquisition price and the share in net income after which the dividend share is deducted from the value of the addition gotten. This can be written as:

Acquisition price + (500000 × 40%) -(150000 × 40%) = $820,000

Acquisition price + (500000 × 0.4) -(150000 × 0.4) = $820,000

Acquisition price + $200,000 - $60,000 = $820,000

Acquisition price = $820,000 + $60,000 - $200,000

Acquisition price = $680,000

Cracker Co. paid $680,000 for its 40% interest in Dallas Corp.

4 0
2 years ago
Other questions:
  • Erik invested in a mutual fund and earned 5 percent over the past year. The 5 percent is the _____.
    9·2 answers
  • Nikita wants to apply for student aid to fund her college education. Arrange the steps involved in Nikita’s application for fina
    8·2 answers
  • Following is information from Pinto Corporation for 2017. Total 2017 revenue $1,033,290 Total revenue growth rate 4% Terminal re
    13·1 answer
  • A farmer needs 500 vats of fertilizer a week during the summer. He has a barn that can hold plenty of vats which cost around $1
    14·1 answer
  • The supply in thousands of items, for custom phone cases can be modeled by the equation p= 75+8x , while demand can be while the
    12·1 answer
  • Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $20 per unit. Variable expenses are $8 per uni
    6·1 answer
  • On January 1 of the current year, Barton Corporation issued 10% bonds with a face value of $200,000. The bonds are sold for $191
    11·1 answer
  • This​ year, Druehl,​ Inc., will produce 57 comma 60057,600 hot water heaters at its plant in​ Delaware, in order to meet expecte
    7·1 answer
  • Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the f
    6·1 answer
  • Almost all union members pay dues. A union member has $5.50 deducted from his paycheck each week for union dues, and has done so
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!