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2 years ago

Describe three ways to narrow down qualified lawyers.

1 answer:

3 0

- See how much experience/expertise they had in the specific type of cases that related to you
- See the winning rate of their previous cases.
- See the firms that affiliated with the lawyers (best lawyers tend to be affiliated with big companies)

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On January 1, 20x1, the ABC Corporation purchased 80% of the XYZ Company's voting stock for $3,000,000. The FMV of all of XYZ's

frutty [35]

Answer: $440000

Explanation:

Fair market value = $4025000

Book value of asset = $2,850,000

Land value = $625,000

The value of the goodwill will be

(Fair market value - book of asset - land value) × 80%

= ($4,025,000 - $2,850,000 - $625,000) × 80%

= 550000 × 80%

= 550000 × 0.8

= $440,000

8 0

2 years ago

In 2014, GoPro spent \$27.5$27.5 million on capital expenditures, experienced an increase in net working capital (including cash

o-na [289]

Answer: -248.5

Explanation: The money a business has before paying its financial obligations is called unlevered cash flow. Example- Money in business left before interest payments and operating expenses is its unlevered cash flow.

It can be computed using following formula :-

UFCF = EBIT- TAXES+ DEPRICIATION - CAPITAL EXPENDITURE - INCREASE IN WORKING CAPITAL

putting the values into equation we have :-

UFCF = 18 - 27.5 - 239

= -248.5

5 0

2 years ago

A company incurred $1,000 in costs to produce 500 units which sell for $1,500. Upon inspection, it was determined the units were

tester [92]

Answer:

rework the units by spending $750 extra in order to get $1,500 in revenue

Explanation:

The company incurred in the following sunk costs:

production costs = $2 per unit

Since the 500 units were all defective the company can:

sell the defective units at $1 each = $1 x 500 = $500 revenue

reworking the units for $1.50 each and selling them for $3 ⇒ contribution margin = $3 - $1.50 = $1.50 per unit, which results in a $750 gross profit

The company must consider the $1,000 spent first as sunk costs, since whatever action they decide, they will not recover them. Therefore the company must only analyze the alternatives starting from scratch.

5 0

2 years ago

Read 2 more answers

Decker Tires' free cash flow was just FCF0 = $1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10

Alborosie

Answer:

d. $34.87

Explanation:

We need to calcualte the value of the company. This is done by addingthe present vbalue of the future free cash flow of the firm.

FCF0 = 1.32 (current accounting period)

FCF 1.32 + 30% = 1.716

FCF2 FCF1 + 10% = 1.716 x 1.1 = 1.8876‬

FCF3 FCF + 5% = 1.8876 x 1.05 = 1.98198‬

From here after we use the gordon model:

$\frac{divends}{return-growth} = Intrinsic \: Value$

WACC = 9%

grow = 5%

we use FCF instead of dividends: 1.98198

$\frac{1.98198}{0.09-0.05} = Intrinsic \: Value$

Value of the future cash flow 49,5495

Now, as this are in the future we must adjust using the present value of a lump sum:

$\frac{1.716}{(1 + 0.09)^{1} } = PV$

PV 1.5743

$\frac{1.8876}{(1 + 0.09)^{2} } = PV$

PV 1.5888

$\frac{49.5495}{(1 + 0.09)^{2} } = PV$

PV 41.7048

Total: 1.5743 + 1.5888 + 41.7048 = 44,8679‬

Now we adjust for shrot term investment and debt outstanding:

vresent value of the future cash flow 44,8679‬

short term investment: 4.0000

debt outstanding <u> (14.000) </u>

Net: 34.8679

6 0

2 years ago

Claire Company uses a standard costing system. The following information pertains to direct labor costs for February: Standard d

trapecia [35]

Answer:

The answer is 12,000

Explanation:

Solution

Given that:

The labor rate variance = (SR-AR) * AH

Now,

(15-13.50) * AH = 18,000

so,

AH= 18000/1.50

Gives us,

=12,000

The total labor variance is = The standard labor cost - The actual labor costs.

= (10000* 15)- (12,000 * 13.50)

=150,000 -162,000

= 12,000 U

Therefore the total labor variance Claire Company is 12,000

3 0

2 years ago