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Minchanka [31]
2 years ago
12

Antarctica has been continuously glaciated for the last __________ years. geology

Business
2 answers:
Lorico [155]2 years ago
5 0

Answer:

45.5 million years

Explanation:

The Antarctica started glaciation in the middle Eocene about 45.5 million years ago and increased during the Eocene to Oligocene extinction event about 34 million years ago. Carbon dioxide levels were initially about 760 ppm but decreased to 600 ppm contributing as the primary agent in Antarctic glaciation .

o-na [289]2 years ago
3 0

Answer:

15 million years

Explanation:

Antarctica is the continent that is spread around the South Pole, known for being covered with ice, and being the coldest place on the planet. The glaciation of the continent started around 34 million years, started to speed up since 23 million years ago, and became dominant on this continent only around 15 million years ago. Antarctica has not always been covered in ice, and in fact, through the majority of its geologic history Antarctica has been covered with dense forests. This was possible because the continent was much further north, relatively close to the Equator, thus its climate was tropical, subtropical, and temperate. That all started to change as first Pangaea, and then Gondwanaland broke apart, and Antarctica was the piece that was moving toward the South Pole. As Africa, India, Australia, and at last South America drifted apart from Antarctica, the continent was left surrounded by ocean waters where very cold ocean currents occurred because of the continental drift. On top of it the continent got into a place where the sunlight is very weak, thus gradually it started to freeze and had become almost entirely glaciated.

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iSooky has a spotter truck with a book value of $52,000 and a remaining useful life of 5 years. At the end of the five years the
Lina20 [59]

Answer:

Increase by $31,200

Explanation:

                                         Retain Truck    Replace Truck   Net Increase

Sale price of old Truck     $0                       $32,200            $32,200

Cost of New Truck            $0                     -$132,000          -$132,000

Variable manuf. cost        -$131,000            $0                      $131,000

Net Income                      -$131,000          -$99,800            $31,200

The total increase in income by replacing the old Truck is $31,200.

6 0
1 year ago
Porter Plumbing's stock had a required return of 11.75% last year, when the risk-free rate was 5.50% and the market risk premium
Crank

Answer:

New required rate of return = 11.88%

Explanation:

<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.  </em>

<em>Under CAPM, Ke= Rf + β(Rm-Rf)  </em>

<em>Ke- required rate of return, Rf-risk-free rate (treasury bill rate), β= Beta, Rm= Return on market. </em>

Using the model, we work out  Beta which is not given and then re-calculate the required rate of return of the new stock

<em>Ke- 11.75 % Rf- 5.5, Rm-Rf = 4.75%,  β= ?</em>

11.75% = 5.50% + β(4.75%)

11.75% -5.50% =  β(4.75%)

(11.75-5.50)/4.75= β

1.315789474 = β

1.315 = β

New required rate of return

5.50% + 1.315(1.02×4.75)

11.875

New required rate of return = 11.88%

5 0
2 years ago
Kathy is a financial analyst in BTR Warehousing’s. As part of her analysis of the annual distribution policy and its impact on t
olya-2409 [2.1K]

Answer and Explanation:

The computation is shown below.

1. Value of the firm operations is

= Free Cash Flow × (1 + Growth Rate) ÷ (WACC - Growth Rate)

= $87 million  × (1 + 8%) ÷ (13% - 8%)

= $1,879.20

This is the answer but the same is not provided in the given options

2.  The intrinsic value of equity immediately prior to stock repurchase is

= Value of Firm's Operations + Value of Non Operating Assets - Value of Debt - Value of Preferred Stock

= $1,879.20 + $120 - $232 - $145

= $1,622.20

This is the answer but the same is not provided in the given options

3.  The intrinsic stock price immediately prior to stock repurchase is

= Intrinsic Value of Equity Prior to Stock Repurchase ÷ Number of Outstanding Shares

= ($1,622.20) ÷ (21.75 million shares)

= $74.58

This is the answer but the same is not provided in the given options

4. The number of shares repurchased is

= Cash Used for Repurchase ÷ Intrinsic stock price

= $120  ÷ $74.58

= 1.61

This is the answer but the same is not provided in the given options

5. The intrinsic value of equity immediately after stock repurchase is

 = Value of Firm's Operations - Value of Debt - Value of Preferred Stock

= $1,879.20 - $232 - $145

= $1,502.20

This is the answer but the same is not provided in the given options

6. The intrinsic stock price immediately after stock repurchase is

= Intrinsic Value of Equity After Stock Repurchase ÷ Number of Outstanding Shares after Repurchase

= ($1,502.20)  ÷ (21.75 million shares - 1.61 million shares)

= $74.59

This is the answer but the same is not provided in the given options

This statement is false because if the stock price changes after a firm conducts its share repurchase, then there are arbitrage opportunities. Thus, the price of the stock remains the same after a repurchase

6 0
2 years ago
If the roof a property cost $14,000 and its economic life is 18 years, what would its value be after four years using a straight
tester [92]
<span>Given:
 Cost of the roof of a property = $14,000
 Economic life = 18 years
   To find: value after 4 years using straight-line depreciation method. Solution:
  Loss of value per year = cost of roof of property / economic life of property

14000/18 = $777.78
   Every year, value of property is getting depreciated by $777.78.
   So, value after four years is calculated below:

   Value after 1 year = $(14000 - 777.78) = $13222.22
 Value after 2 year = $(13222.22 - 777.78) = $12444.44
 Value after 3 year = $(12444.44 - 777.78) = $11666.66
 Value after 4 year = $(11666.66 - 777.78) = $10888.88
   Value after four years = $10888.88</span>
6 0
2 years ago
DonutVille caters to its retirement population by selling over 10,000 donuts each week. To produce that many donuts weekly, Donu
nata0808 [166]

Answer:Flour should be acquired through a contract.

Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.

When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.

8 0
2 years ago
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