Business, 10.03.2020 03:08, ssargeant2559

Charisma, Inc., has debt outstanding with a face value of $5.5 million. The value of the firm if it were entirely financed by equity would be $24.7 million. The company also has 390,000 shares of stock outstanding that sell at a price of $51 per share. The corporate tax rate is 25 percent. What is the decrease in the value of the company due to expected bankruptcy costs

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:30, shannydouglas

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Answers: 3

continue

Business, 22.06.2019 03:00, brodybb5515

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Answers: 1

continue

Business, 22.06.2019 17:30, brittanyjacob8

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Answers: 3

continue

Business, 22.06.2019 18:00, HistoryLee

1. what is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually? $8.00 $4.08 $8.16 $4.00 2. what is the amount of compound interest earned after three years on a $100 deposit paying 8 percent interest annually? $24.00 $8.00 $16.64 $25.97 3. a business just took out a loan for $100,000 at 10% interest. if the business pays the loan off in three months, how much did the business pay in interest? $2,500.00 $10.00 $250.00 $10,000.00 4. what is the annual percentage yield (apy) for a deposit paying 5 percent interest with monthly compounding? 5.00% 5.12% 79.59% 0.42%

Answers: 1

continue

Do you know the correct answer?

Charisma, Inc., has debt outstanding with a face value of $5.5 million. The value of the firm if it...