Answer:
$6.3 per share
Explanation:
There are two method of Valuation of the firm
- Weighted average cost of the capital (WACC)
- Free cash flow to equity (FCFE)
We have to calculate the value of the firm using FCFE. Free cash flow to equity (FCFE) is the amount of cash flow generated by the business and potentially available for distribution among the stockholders.
Value of firm = Free cash flow / required rate of return = $120,000 / 12% = $1,000,000
Market value of Equity = Total value of firm - Market value of Debt - Market value of Preferred share
Market value of Equity = $1,000,000 - $300,000 - $70,000 = $630,000
Value of Patrick's stock = Market Value of equity / shares of stock outstanding = $630,000 / 100,000 = $6.3 per share
Answer:
Importer.
Explanation:
An importer is an individual or entity that brings in products from foreign countries for sale domestically. Importers buy products that are produced in other countries. To the other country this is an export.
Roberto's father and uncle started a company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. So the company is involved in importing activity.
Roberto brokers the trades with the mines in Chile.
The extra items that you can include in a web resume that would not be included in a traditional resume are graphics, buttons and pictures
Answer:
D) try to get together and limit the quantity supplied.
Explanation:
Elasticity of demand is defined as a measure of the responsiveness of changes in quantity demanded with change in price.
When price increases the quantity demanded falls.
If a good is inelastic it means that the price increase will not result in a big drop in quantity demanded.
So if suppliers notice a good is inelastic they will most likely come together to reduce supply while increasing prices. This will result in higher revenues for them as quantity demanded does not fall with increase in price.
Answer:
C. Accept responsibility.
Explanation:
The readers are more open to bad news when they recognize someone else benefits or for themselves.