Suppose that a firm has $4 billion debt. The market values the firm’s 100 million (equity) shares at $60 per share. Earnings per share is $5. Dividend per share is $1.What is the fraction of equity in the firm’s capital structure? 40% 60% [correct] 11% 24% [(Market) value of equity is how much the stocks are valued by the market. In other words‚ it is the shareholder value‚ which equals to the price of the stock * number of shares outstanding: $60 * 100 million = $6 billion. Therefore‚ the firm
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CHAPTER 3 COSTS CONCEPTS and CLASSIFICATION [Problem 1] 1. Direct labor P10 Variable factory overhead 15 Fixed factory overhead 6 Unit conversion cost P31 2. Direct materials P32 Direct labor 10 Unit prime cost P42 3. Unit prime cost P42 Variable factory overhead 15 Unit variable cost P57 4. Total production cost (12‚000 units x P63) P756‚000 [Problem 2] 1. Indirect materials and factory supplies P 68‚000 Supervising salaries
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customer focus and trust. Further‚ it is seen that ‘spoke’ stores tend to break even in 2 years while ‘hub’ stores take 3 years. In addition to increasing sales‚ variable and fixed costs must be controlled. Increased competition must be tackled. Solutions must be found to hasten operational breakeven without losing customer focus. Options: Modify the hub/spoke model. Add more spokes so that there is greater market penetration. At the same time‚ there must be some hubs and distribution centre set
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0 Corr (X‚Y) = = = 0 3.10 a. nNJ = 100‚ sNJ = 8 => SE () = = = 0.8 The 95% confidence interval for the mean score of all New Jersey third graders is: = { 1.96 SE ()} = {58 1.96(0.8)} = {56.432‚ 59.568} b. nIW = 200‚ sIW = 11 SE ( - ) = = = = 1.1158 The 90% confidence interval for the difference in mean score between Iowa and New Jersey is: - = {( - ) 1.64SE( - )} = {62 – 58 1.64 x 1.1158} = {2.17‚ 5.83} c. tact = = =
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Nikhil Sinha BMGT 422 2/1/2013 Individual Ethics Paper: AAER 3257 Satyam Computer Services was an Indian IT services company based in Hyderabad‚ India. During the years 2005-2009‚ Satyam was exposed in falsifying $1 billion in fictitious cash balances and other interest bearing deposits. During this time period‚ 6‚000 false invoices were created and entered into the company’s general ledger and recorded as if they were other things like revenue‚ income‚ and accounts receivable. Satyam went
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In discussion eleven‚ we were instructed to describe a way to fit poetry in a unit. We were told to name the kind of poetry it was and how we would formatively and summatively assess it. I chose to do my writing across the curriculum unit on oceans. I incorporated poetry into one of my lessons. I had students write an acrostic poem. I first modeled the poem using the spelling for fish. I wrote a sentence about fish for each letter of the word. After I model the acrostic poem‚ as independent
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Psychology 1 General Psychology College of Computer Studies Chapter 4 Topic: Sensation & Perception Objectives: 1. Students will be able to classify the various receptors & describe the structure & functions of each. 2. They will be able to understand the nature & development of perception. 3. They will be able to discern the principles involved in the perception of objects depth‚ movement‚ time‚ person and special types of perception. 4. They will realize the influence of certain internal & external
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4.4 Explain how and when to seek advice about confidentiality. If there is ever doubt about a confidentially issue it is always best to first speak to your line manager for further advice. This is relevant if you have been asked to keep confidence in the workplace. The way to go about this is too speak to your line manager in a quiet area where you cannot be over heard. It’s always best to communicate verbally rather than emails or phone calls 4.4 Explain how and when to seek advice about
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Lecture 1: Introduction Geology - the study of the Earth‚ the processes that shape it‚ and the resources that could be obtained from it. Main branches Physical Geology - deals with the materials that comprise the Earth and the processes that affect it (e.g.‚ Volcanology‚ Seismology‚ Environmental Geology‚ Engineering Geology‚ Mining Geology‚ Petroleum Geology‚ Mineralogy‚ Petrology‚ Geomorphology‚ Geophysics‚ Geochemistry‚ Planetary Geology) Historical Geology - the study of the origin and
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Part I Point Possible: 80 Of the following three questions‚ answer two of your choice. 1. In an 1845 editorial about Texas Annexation‚ newspaper editor John O’Sullivan argued that it was the "manifest design of providence" that the United States occupy all territory in the continent. Manifest Destiny‚ as the concept came to be known‚ swept proponents enthusiastically into its wake and left others concerned about the future. Go to Manifest Destiny (Links to an external site.) at PBS Online. Read its
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