![milkshakegrande101](/avatars/13841.jpg)
milkshakegrande101
09.07.2019 •
Business
Meredith would like a job in the arts where she is self-employed. which job would give her the best chance of working for herself? photographer actress sound engineering technician broadcast news analyst
Solved
Show answers
More tips
- L Leisure and Entertainment How Many Seasons are There in the TV Show Interns?...
- S Sport When will the Biathlon World Championships 2011 take place in Khanty-Mansiysk? Answers to frequently asked questions...
- H Health and Medicine Trading Semen for Money: Where Can You Sell and Why Would You Want to?...
- F Food and Cooking Homemade French Fries: The Ultimate Guide...
- H Health and Medicine How to Increase Blood Pressure without Medication?...
- S Style and Beauty Choosing a Hair Straightener: Specific Criteria to Consider...
- F Food and Cooking How to Make Polendwitsa at Home?...
- S Science and Technology When do we change our clocks?...
- L Leisure and Entertainment What to Give a Girl on March 8?...
- F Family and Home Is it Worth Knowing the Gender of Your Child Before Birth?...
Answers on questions: Business
- B Business Is the premeditated, politically motivated attacks against information, computer systems, computer programs, and data which result in violence against noncombatant targets by subnational...
- B Business The government raises taxes by $100 billion. If the marginal propensity to consume is 0.6, what happens to the following? Do they rise or fall? By what amounts? a. Public saving....
- B Business Variable Costing Income Statement The following data were adapted from a recent income statement of The Procter & Gamble Company (PG): (in millions) Sales $65,058 Operating...
- B Business Admission to a baseball game is $2.00 for general admission and $3.50 for reserved seats. The receipts were $2806.00 for 1139 paid admissions. How many of each ticket were sold...
- B Business As of December 31, 2019, Westport had $9,500,000 in 4.5 percent serial bonds outstanding. The serial bonds pay interest semiannually on July 1 and December 31, with $500,000 in...
- B Business Suppose that SLS has implemented the policy prohibiting use of personal USB drives at work. Also, suppose that Davey Martinez brought in the USB drive he had used to store last...
- B Business George decided to open a health club. His girlfriend Lydia, a marketing manager at a small company, tried to convince him to do some marketing research, but he said, I know what...
- B Business Exercise 5-7 Recording sales, purchases, shipping, and returns-buyer and seller LO P1, P2 Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions....
- B Business What are some scary movies to watch?...
- B Business If a contractor is producing missiles for the navy, and the contractor fails to deliver them on time, the navy has the right to: [contrast the difference between termination for...
Ответ:
photographer
Explanation: it is just trust me
Ответ:
Ответ:
Share price = $20.54
Explanation:
current cash flow from assets for Arras is $6,400,000 million
Seance the cash flows are expected to grow at 9 percent for the next five years, therefore, the next five years cash flow will be:
Year 1: $6,400,000*1.09 = $6,976,000
Year 2: $6,976,000*1.09 = $7,603,840
Year 3: $7,931,520*1.09 = $8,288,185.6
Year 4: $8,566,042*1.09 = $9,034,122.304
Year 5: $9,251,325(1 + .08) = $9,847,193.311
According to the question after five years the cash flows are expected to grow at 6 percent for the indefinite future.
Therefore, the cash flow of 6th year = $9,847,193.311*1.06 = $10,438,024.91
We know that terminal value of current year = Cash flow of next year/(WACC-g)
As after year 5 the cash flow will be grown at a specific rate for indefinite future, the terminal value 5th year = $10,438,024.91/(.11-.06) = 94,891,135.49.
Present value of the cash flow = $(6,976,000/1.11) + $(7,603,840/1.11^2) + $(8,288,185.6/1.11^3) + $(9,034,122.304/1.11^4) + $[(9,847,193.311+94,891,135.49)/1.11^5] = $86,624,537.47
The market value of the equity = Market value of the company's present cash flow - Market value of the debt
The market value of the equity = $86,624,537.47 - $25,000,000
The market value of the equity = $61,624,537.47
Therefore, the maximum price per share Schultz should pay for Arras,
Share price = $61,624,537.47/3,000,000
Share price = $20.54