Business, 18.07.2019 19:20, batmanmarie2004
You currently own 900 shares of jkl which is an all-equity firm with 250,000 shares of stock outstanding at a market price of $20 a share. the company's earnings before interest and taxes are $120,000. jkl has decided to issue $1 million of debt at 6.5 percent interest and use the proceeds to repurchase shares of stock. how many shares of jkl stock must you sell to unlever your position if you can loan out funds at 6.5 percent interest?
Answers: 3
Business, 22.06.2019 01:00, Travon1418
Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?
Answers: 3
Business, 22.06.2019 01:30, ykluhredd
Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.
Answers: 2
Business, 22.06.2019 03:30, 3steves
Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.
Answers: 1
You currently own 900 shares of jkl which is an all-equity firm with 250,000 shares of stock outstan...
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