Answer:
$1.3 per share
Explanation:
Data provided in the question:
Number of shares outstanding of TJ = 2,500
Market price = $16.70
Number of shares outstanding of Corner Grocery = 3,000
Price per share of Corner Grocery = $22.50
Cost of acquiring TJ's share = $45,000
Now,
Merger Premium per share = [ Cost of acquiring TJ's share - Market price of TJ's shares ] ÷ Number shares TJ's outstanding
= [ $45,000 - ( $16.70 × 2,500)] ÷ 2,500
= [ $45,000 - $41,750 ] ÷ 2,500
= $3,250 ÷ 2,500
= $1.3 per share
Answer:
$1,593,535.83
Explanation:
Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.
DATA
PV = $1,500,000
N = 24
r = 0.04/12
PMT = $1250
FV =?
Solution
PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N
1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24
1,500,000 = 28785.31353687 + 0.92323916 FV
FV = (1,500,000 - 28785.31353687)/ 0.92323916
FV = $1,593,535.83
Answer:
The Warren's total assets at the end of April is $345,000
Explanation:
The computation of the ending total assets value is shown below:
= Total assets - sale of stock + machine purchased - cash payment for purchase of building + purchase of short term investment - cash payment for purchase of short term investment - cash paid to the employee as a loan + notes issued
= $240,000 + $20,000 + $95,000 - $10,000 + $9,000 - $9,000 - $10,000 + $10,000
= $345,000
Answer:
Present value of the cashflow discounted at 5% per year 76,815.65
Explanation:
First, we calculate the present value of the 4 years 15,000 dollar annuity:
C 15,000.00
time 4
rate 0.05
PV $53,189.2576
Now, we discount two more year as lump sum as this is two year after the invesmtent:
Maturity 53,189.26
time 2.00
rate 0.05000
PV 48,244.2245
Finally we also discount the 30,000 by one year
30,000 / 1.05 = 28571.43
<em><u>We add up both to get the present value:</u></em>
48,244.22 + 28,571.43 = 76,815.65
Answer:2,3,4,5
is the answer, just took the assignment
Explanation:
