Answer: $410 million
Explanation:
Cash flow from operation= $500
Interest expense = $40 million
Net capital expenditures = $150 million
Net new borrowing = $60 million, Net increase in working capital = $20 million.
Marginal tax rate = 30%.
The cash flow from operations includes the Net Earnings adjusted for working capital. Also, the net earnings include the impact of interest expense and the tax expense/shield.
Therefore, the cash flow to equity will be:
= Cash Flow from Operations - Capital Expenditure + Net borrowing
Cash flow to equity will now be:
= 500 - 150 + 60
= $410 million
Answer: General partnership.
Explanation:
Gaston has formed a general partnership with the two other business owners.
A general partnership is a business set up where two or more individuals own a business, take part in it's decision taking process and share profits equally.
Answer:
Good value, is the right answer.
Explanation:
The given blank will be filled by “good value” because when a restaurant charges or offer a value menu it means that it is just making a minimum profit in order to attract the customers. However, charging a lower price which makes minimum profit results in the good value pricing process. Additionally, good value pricing is a technique to increase their sales.
Answer:
You plan to save $370 per month starting today for the next 46 years at an interest rate of 9.7% will be <u>$791046.3155</u>
Explanation:
Rate = 9.7% / 12 = 0.808333%
Number of periods = 30 * 12 = 360
Future value = ( 1 + r) * Monthly payments * [ ( 1 + r)n - 1] / r
Future value = ( 1 + 0.00808333) * 370 * [ ( 1 + 0.00808333)360 - 1] / 0.00808333
Future value = 1.00808333 * 370 * 2,120.819723
Future value = $791046.3155
Answer:
Dividend yield is 2.91 %.
Explanation:
Dividend yield = Annual Dividend per Share / Stock Price per Share × 100
<em>where,</em>
Annual Dividend per Share = Total Dividends ÷ Total Number of Shares
= $835 ÷ 500
= $1.67
<em>then,</em>
Dividend yield = $1.67 / $57.48 × 100
= 2.905 or 2.91 %
