Write 11,760,825 in word form and expanded form

The picture shows two sizes of shipping boxes with measurements in inches. The boxes are rectangular prisms. There are two recta

MakcuM [25]

Answer:

6

Step-by-step explanation:

7 0

2 years ago

The CEO of Millennium Dairy Product, a small venture among 10 partners each having 100,000 shares, sought to raise an additional

klemol [59]

Answer:

Millennium Dairy Product

a) Share of the company that SBI Caps should require today to get a required rate of return of 50%.

= 50%

b) If the company had 1,000,000 (100,000 x10) shares outstanding before the private placement, SBI Caps should purchase

1,000,000 shares = 50% of (1,000,000 + 1,000,000) shares

Assuming the founding promoters are not giving up their shares, instead, new equity shares are being issued.

c) The price per share SBI Caps should agree to pay, if her required return was 50% is

Rs.50 per share, which will provide the required additional equity financing of (Rs.50 million) since Rs.50 x 1,000,000 equals Rs.50 million.

d) Pre money and post money valuations:

These are based on the calculated Market Price of Rs.1,000 per share from the Price/Earnings Ratio.

Pre money valuation will be Rs.1,000 x 1,000,000 shares = Rs.1 billion

Post money valuation will be Rs.1,000 x 2,000,000 shares = Rs.2 billion

e) Carried interests of the VC and the promoters

VC's carried interest = share of profits = 50% xRs.50 million = Rs.25 million

Promoters' carried interest = Rs.25 million

Step-by-step explanation:

a) Calculation of share in the company:

SBI Cap's required rate of return is 50%

If she invests Rs.50 million today, her expected return will be equal to Rs.50 million x 50% = Rs.25 million

Since rate of return = Net Income/Initial Investment or (Current value of investment - Initial Investment)/Initial Investment.

This return will be equal to 50% of the total net income of Rs.50 million

b) Price/Earnings P/E ratio = Market price per share/Earnings per share (EPS)

Since P/E ratio of similar companies = 20 times,

The company's P/E = 20 times x EPS

With calculated EPS = Rs.50 million /1,000,000 = Rs.50

Therefore, price per share = 20 x Rs.50 = Rs.1,000

Pre money valuation = Rs.1,000 x 1 million shares = Rs.1 billion

Post money valuation = Rs.1,000 x 2 million shares = Rs.2 billion

c) The carried interest is the share of profits to which the promoters and the Venture Capitalists are entitled. Their respective shares are 50% of the net income = Rs.25 million each.

d) The pre money and post money valuations: The pre money valuation is the valuation of the company before the additional equity financing. The post money valuation is the valuation of the company after the additional equity financing. There are many ways to value a company. In this case, we have used the P/E ratio as a basis for the valuation. However, we did not dilute the earnings per share post money, for simplicity.

3 0

2 years ago

logan has 20 action figures.he is shipping them to a friend.He can only fit 3 action figure in a box.How many boxes will he need

adoni [48]

20/3= 6 2/3
6.66 rounds to 7
7 boxes

6 0

2 years ago

Read 2 more answers

The mechanics at Giuseppe’s Auto House specialize in changing fuel injection units and transmissions. Last week, they changed 5

Lemur [1.5K]

Answer:

The solution is (2,6)

Step-by-step explanation:

Let

x-----> the number of hours to change a fuel injection unit

y-----> the number of hours to change a transmission

we know that

5x+10y=70 -----> equation A

8x+8y=64 -----> equation B

Solve the system of equations by graphing

Remember that the solution of the system of equations is the intersection point both graphs

The solution is the point (2,6)

see the attached figure

4 0

2 years ago

Read 2 more answers

An anthropologist finds that a prehistoric bone contains less than 8.1% of the amount of Carbon-14 the bones would have containe

stealth61 [152]

Answer:

20,944 years

Step-by-step explanation:

The formula you use for this type of decay problem is the one that uses the decay constant as opposed to the half life in years. We are given the k value of .00012. If we don't know how much carbon was in the bones when the person was alive, it would be safer to say that when he was alive he had 100% of his carbon. What's left then is 8.1%. Because the 8.1% is left over from 100% after t years, we don't need to worry about converting that percent into a decimal. We can use the 8.1. Here's the formula:

$N(t)=N_{0} e^{-kt}$

where N(t) is the amount left over after the decay occurs, $N_{0}$ is the initial amount, -k is the constant of decay (it's negative cuz decay is a taking away from as opposed to a giving to) and t is the time in years. Filling in accordingly,

$8.1=100e^{-.00012t}$

Begin by dividing the 100 on both sides to get

$.081=e^{-.00012t}$

Now take the natural log of both sides. Since the base of a natual log is e, natural logs and e "undo" each other, much like taking the square root of a squared number.

ln(.081)= -.00012t

Take the natual log of .081 on your calculator to get

-2.513306124 = -.00012t

Now divide both sides by -.00012 to get t = 20,944 years

4 0

2 years ago