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scoray [572]
2 years ago
13

Read the following sentences. Underline the subjects, and circle the prepositional phrases. The gym is open until nine o’clock t

onight. We went to the store to get some ice. The student with the most extra credit will win a homework pass. Maya and Tia found an abandoned cat by the side of the road. The driver of that pickup truck skidded on the ice. Anita won the race with time to spare. The people who work for that company were surprised about the merger. Working in haste means that you are more likely to make mistakes. The soundtrack has over sixty songs in languages from around the world. His latest invention does not work, but it has inspired the rest of us.

Business
1 answer:
pentagon [3]2 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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Patrick Company expects to generate freeminuscash of​ $120,000 per year forever. If the​ firm's required return is 12​ percent,
photoshop1234 [79]

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

4 0
2 years ago
Ellen enjoys working at Starbucks because of her interactions with customers and co-workers. The satisfaction that Ellen feels w
mojhsa [17]

Answer:

B) nonfinancial compensation

Explanation:

Non-financial compensation doesn't have any monetary value; instead, it involves the satisfaction that an employee receives from his work environment. This satisfaction can be emotional and psychological.

8 0
2 years ago
Which of the following is a true statement? Question 9 options: when making decisions about saving and borrowing, people care ab
slamgirl [31]

Answer:

A falling interest rate will lead to a movement along the demand curve for loanable funds

Explanation:

A movement along the demand curve for a good or service is caused by a change in the price of the good or service.

Because the interest rate is the price of the loanable funds, a falling interest rate will cause a movement along the demand curve for loanable funds. More specifically, a falling interest rate, in other words, a lower price, will increase the demand for the loanable funds, so the movement will be upwards.

6 0
2 years ago
During its first year of operations, Eastern Data Links Corporation entered into the following transactions relating to sharehol
gizmo_the_mogwai [7]

Answer:

Eastern Data Links Corporation

Journal entries

Step 1.

Issuance for Common stock at a premium in exchange for cash

Feb 12,

Dr. Cash account with $18,000,000

Cr. $1 Ordinary share Capital Account with $2,000,000

Cr. Ordinary share premium Account with $16,000,000

(Being $18million received for 2million shares valued at $1 and sold at a premium of $9)

Step 2.

Issuance for Common stock at a premium in settlement of a liability due

Feb 13,

Dr. Accounts Payable account with $360,000

Cr. $1 Ordinary share Capital Account with $40,000

Cr. Ordinary share premium Account with $320,000

(Being $360,000 legal expense liquidation in exchange of 40,000 shares valued at $1 and sold at a premium of $9)

5 0
2 years ago
Zen Manufacturing Company is considering replacing a four-year-old machine with a new, advanced model. The old machine was purch
dedylja [7]

Answer:

$4,800

Explanation:

The computation of additional annual cash inflow is shown below:-

Saving in Annual Maintenance Cost by new machine = $15,000 - $6,000

= $9,000

Net savings on Maintenance = $9,000 × (1 - 0.4)

= $5,400

Decrease in Depreciation due to purchase of New machinery

= ($60,000 ÷ 10) - ($45,000 - 10)

= $6,000 - $4,500

= $1500  

Tax to be paid due to decrease in Depreciation = Decrease in Depreciation due to purchase of New machinery × Tax rate

= $1,500 × 0.4

= $600

Net Annual cash Inflow due to new machinery =  Net savings on Maintenance - Tax to be paid due to decrease in Depreciation

= $5,400 - $600

= $4,800

So, for computing the additional annual cash inflow we simply applied the above formula.

4 0
2 years ago
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