Answers
Answer with Explanation:
Requirement 1:Modigliani & Miller's theorem helps understanding the value of the company, the factors that results in change in the value of the company and the financial risk that increases the firm's Weighted Average Cost of Capital.
M & M proposition 1:
The M & M proposition 1 (or M & M without Tax model) says that the value of the firm remains the same no matter what is the percentage of debt and equity in the capital structure hence the primary focus of the management must be to decrease cost and increase the return on the investment.
M & M proposition 2:
However later, due to increased critism of not considering the tax implications on the WACC, M & M presented a modified model which is also known as M & M With Tax Model. In it he acknowledges the importance of tax in calculating the WACC and he is of the opinion that the injection of the debt reduces the WACC. Hence the maximum level of debt must be used to exploit all the available investment opportunities.
The value of the company can be calculated using the following formula:
Value of the Company = Free Cash flow * (1 + g) / (WACC - g)
The changes in the capital structure results in changes to firm's WACC which changes the value of the company. This clearly shows that if the WACC can be reduced then the value of the firm would increased. Hence M & M model is useful in predicting the Optimal Capital structure that would give lowest WACC and thus highest value of the company.
Requirement 2:The basic assumptions of M & M proposition without tax Model are as under:
There are no transaction costs on trading of securitiesThere are no taxes.The market is perfect market which means that the investor and the corporation have same information which doesn't impacts the decision making of both entities.The Floatation costs are zero which means that their are no issuance costs, listing expenses, etc.The taxes on the Dividend distribution are also zero.The basic assumptions of M & M proposition with tax Model are as under:
There are no transaction costs on trading of securitiesThe capital market is perfect market which means that the investor and the corporation have same information which doesn't impacts the decision making of both entities.The Floatation costs are zero which means that their are no issuance costs, listing expenses, etc.Related Questions
Lanyards that have no shock-absorbing features are used for _____. Group of answer choices climbing ladders workers under 150 pounds positioning working on scaffolds
Answers
Answer:
Positioning
Explanation:
In simple words, A positioning gadget system includes a positioning lanyard. The employee is supported by this system on a raised vertical surface, such as a wall or pole. This allows people to work while leaning without having to use their hands. The lanyard ties the individual to a place in ahead of their physique that serves as an anchor point.
which term best completes the diagram
A) Captial
B) Goods
C) Wages
D) Natural resources
Answers
Answer:
C) Wages
Explanation:
A.P.E.X.
17-1: Many multinational and global companies use ethnocentric staffing in their operations abroad. Why do you think a company might prefer to have someone from home country in top management positions? If you were hired as a consultant, would you recommend that a multinational or global business change its policy? Explain.
17-2: Culture shock is commonly experienced by people living in an unfamiliar culture. Yet not all people experience it, and not all people feel its effects in the same way nor to the same extent. Some experts advise psychological testing to determine one's likelihood of handling such an adjustment. What psychological attributes do you suppose are advantageous in this situation? What sort of training do you think could help someone adapt more easily to a new culture? Explain.
Answers
Many multinational and global companies use ethnocentric staffing in their operations abroad for reasons such as cultural familiarity, language similarity. psychological attributes that are beneficial in adapting are flexibility, desire to learn more and accept others openly.
In addition to encouraging consistency in management procedures, an ethnocentric staffing policy may also make communication and decision making easier. However, such a policy might also restrict diversity and make it more difficult for the business to respond to local market circumstances or capitalize on local talent. If appointed as a consultant I would suggest multinational companies to adopt a more geocentric staffing strategy that promotes diversity and inclusion while striking a balance between local and global perspectives.
The psychological qualities of openness to new experiences, flexibility, empathy, and resilience are helpful in adjusting to a new culture. These characteristics increase a person propensity to be receptive to new ideas, adaptable to novel circumstances and equipped to deal with the difficulties of integrating into a foreign culture. Intercultural communication classes and language and cultural immersion programs are all types of training that could make it easier for someone to adapt to a new culture.
Learn more about ethnocentric staffing at:
brainly.com/question/29763151
#SPJ1
You have recently been promoted to General Manager at Creekview Lodge, a 50 room hotel in Gatlinburg, Tennessee. You started working at the lodge in high school in the restaurant and after college, returned to Creekview as one of the assistant managers before being promoted to hotel manager. Recently, a 200-room hotel opened not far from Creekview Lodge, and although Creekview still maintains near 100% capacity there has been quite a bit of turnover. More than ten employees left to work for the larger hotel which boasted higher pay and better health insurance.
You were informed this morning by the front desk team that the latest customer survey results show a drop in the satisfaction rating for guest room cleanliness. The current report indicates that 73% of guests responded "completely satisfied", 12% responded "satisfied", 10% responded "neither satisfied nor unsatisfied", and 5% responded "unsatisfied." The housekeeping staff lost four employees to the new hotel, so although disappointed, you aren’t surprised by this news. Still, you could not remember a time that the hotel had received such a low satisfaction rating.
As manager of Creekview Lodge, what is your next step in addressing the problem?
a. Take immediate action and require that all rooms be inspected by the hotel manager (you) or an assistant manager before being made available to customers
b. Review the standards of performance and compare to current performance
Answers
As the manager of Creekview Lodge, the next step will simply be to B. Review the standards of performance and compare them to current performance.
From the information given, it was stated that the latest customer survey results show a drop in the satisfaction rating for guest room cleanliness and that several staffs were lost to other companies.
Therefore, it's important to review the standards of performance and compare them to current performance. This will be vital in understanding the various issues that are affecting the company and then addressing them accordingly.
Read related link on:
https://brainly.com/question/25715510
Which document needs to be submitted, along with reconciled cash, from each department to the main cashier’s office?
A.
deposit form
B.
deposit slip
C.
cash receipt
D.
cash invoice
E.
withdrawal form
Answers
what is the diffinition and meaning of management
Answers
Answer:
your answer is "the process of dealing with or controlling things or people.
Explanation:
hope this helps
Answer:
Dealing with or handling items or people is a process.
Explanation:
John looks at his budget and notices that, because of additional expenses this month, he will be unable to pay all of his bills. He is thinking about getting a cash advance but isn’t sure. What should John do? Go for it. Get a cash advance. Apply for a loan. Ask his friends for advice. Find reliable and relevant information, or possibly visit a representative from the bank to find out about special fees.
Answers
John is unable to pay all of his bills, so he is thinking about getting a cash advance but he is not sure. So he should find reliable and relevant information and possibly visit a representative from the bank to find out about special fees.
Cash advances allow the cardholders in order to borrow money against their existing credit line. Also, cash advances tend to have a higher interest rates than typical credit card purchases.
So if John is unable to pay all of his bills for the current month, he can find reliable and relevant information about cash advances by visiting a bank representative and also finding out about the special fees.
Hence, option E is correct.
To learn more about cash advance here:
https://brainly.com/question/13012797
#SPJ1
Mark is conducting research studies for two national rental car companies. Mark's action represents a potential ____
Answers
Answer:
D. Conflict of interest
Explanation:
According to the information about Mark, it is correct to say that the fact that he conducts research studies for two national car rental companies represents a potential conflict of interest.
This is a situation that occurs when the actions of a professional are configured as actions that put impartiality and ethics at risk, which is perceived by the fact that Mark conducts research studies for two competing companies, which may mean using information from one company for the other, or impartiality of its professional actions.
The purchase price and all costs to bring an asset to its desired condition and location for use should be ______. expensed accrued capitalized. capitalized.
Answers
The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
This means that the costs are added to the cost of the asset and recognized as an asset on the company's balance sheet, rather than being recognized as an immediate expense on the company's income statement. By capitalizing these costs, the company can more accurately reflect the total cost of acquiring and preparing the asset for use over its useful life.
What is balance sheet?
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It shows the company's assets, liabilities, and equity, and provides information about how the company's resources are financed.
On a balance sheet, assets are what the company owns, such as cash, inventory, property, and equipment. Liabilities are what the company owes to others, such as loans, accounts payable, and accrued expenses.
To know more about balance sheet, visit:
https://brainly.com/question/26323001
#SPJ1
Complete question is: The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
Answers
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
For more such questions on entrepreneur
https://brainly.com/question/29733441
#SPJ8
Describe four characteristics of an age-friendly community.
How can age-friendly communities also benefit young adults?
Discuss some home and community-based service options available to an older person who does not wish to move to retirement housing but prefers to stay in his/her long-term home.
Answers
An age-friendly community is accessible, inclusive, fosters social connection, and provides supportive services to older adults.
An age-friendly community is one that recognizes and responds to the diverse needs and preferences of older adults. Here are four characteristics of an age-friendly community
Accessibility: An age-friendly community is designed to be accessible to people of all ages and abilities, including those with mobility or sensory impairments.
Inclusion: An age-friendly community values and includes older adults as active and engaged members of the community. This means that older adults are able to participate in community activities and events, access community services and resources, and contribute their skills and knowledge to the community.
Social Connection: An age-friendly community fosters social connections and reduces social isolation among older adults. This means that the community provides opportunities for older adults to connect with others, such as social clubs, volunteer programs, and intergenerational activities.
Supportive Services: An age-friendly community provides supportive services to older adults to help them age in place and maintain their independence. This means that the community offers services such as transportation, home health care, and meal delivery, and has policies in place to support older adults who may be vulnerable to financial or social exploitation.
Learn more about age-friendly communities here
brainly.com/question/10416968
#SPJ1
The given question is incomplete, the complete question is:
Describe four characteristics of an age-friendly community.
The goal pf rent control is to?
Answers
Answer: the key goal of rent-control laws is to maintain existing affordable housing.
Explanation:
One reason why firms might want to pursue a strategic alliance strategy is to exploit
economies of scale. Exploiting economies of scale should reduce firm’s costs. Does this
mean that a firm pursuing an alliance strategy to exploit economies of scale is actually
pursuing a cost leadership strategy? Why or why not? Support your answer
Answers
So, a strategic alliance may benefit the combined group in two ways: one, it will enable them to target larger clients without facing significant rivalry
Economies of scale, which are commonly assessed by the quantity of product provided per unit of time, seem to be the cost savings that businesses gain as a result of the significant scale of the economy.
In order to lower manufacturing costs, economies of scale is the method of producing any good at a very high volume. Strategic alliances allow two businesses to more effectively merge their operations.
It will enable them to lower costs through economies of scale. Additional benefits of economies of scale include lower prices for goods or cost focus in the marketplace.
Learn more about economies of scale, Here:
https://brainly.com/question/15605103
#SPJ1
if the supply of a product decreases we would expect
Answers
Answer:
The supply wouldn't sell as good because they don't have the product
Explanation:
as the tax assessor for Indian creek county, you have been informed that due to budgetary demands, a tax increase will be necessary next year. The total market value of the property in the county is $800,000,000. currently, the assessment rate is 35% and the tax rate is 40 mils. The county commission increases the assessment rate to 45% and the tax rate to 45 mils
Answers
Answer:
this didnt make sense but ok
Explanation:
The gap between the actual quantity produced by a monopolistically competitive firm and the optimal quantity in a competitive market is known as
Answers
Answer:
The correct answer is Excess Capacity.
Explanation:
A monopolistically competitive firm is one that produces and or offers products or services in a market with similar, but not exact or perfect substitutes. A real-world example of a monopolistic competitive firm is Burger King. It competes with McDonald. Both companies sell burger and other types of fast food. However, are not perfect substitutes as there are slight differences, especially in shape and in taste, in the foods they offer.
When there is a gap between the quantity produced and the scale of output that a business or firm has been designed for, Excess Capacity is said to exist. In other words, the actual quantity produced is below what is optimal for the economy.
Cheers!
jim, a restaurant manager, punched a customer who treated a waiter poorly. in this scenario, the customer can sue jim for . group of answer choices battery libel duress assault
Answers
The customer can sue JIm for the battery. Thus, option A is correct.
What is the job of a manager?Keeps up with staff by enlisting, choosing, arranging, and preparing workers. Guarantees a protected, secure, and legitimate workplace. Creates self-awareness and opens doors. Achieves staff results by conveying position assumptions; arranging, observing, and evaluating position results.
The battery is an unlawful use of power straightforwardly or in a roundabout way upon someone else or their own effects, causing real injury or hostile contact. The endeavor of battery attacks. Jim, an eatery director, punched a client who mistreated a server As an overall expectation wrongdoing, the battery doesn't need a particular men's rea.
Therefore, option A is correct.
Learn more about job, here:
https://brainly.com/question/29802928
#SPJ1
Mark and his team are working on a project that is due for delivery in the next few days. The team is using project management tools to implem set of new client requirements. Which activity are Mark and his team performing?
Answers
A project manager guides a two-way conversation that helps the parties understand one another. The project manager's facilitating role is communication.
What credentials are required for the position of project manager?At least three years of experience in a comparable capacity, communication skills, formal training, as well as a PMP certification are typically needed. A professional association, an university and college, or an online learning program with a narrow concentration are all options for obtaining certification.
What type of MBA is needed for a project manager?Graduates of an MBA in project management will have the knowledge and expertise necessary to land advanced managerial positions. Accounting, economics, human resources, long term planning, and operational aspects of businesses are among topics covered in an MBA program.
To know more about project manager's visit:
https://brainly.com/question/15404120
#SPJ1
Which of the following problems are likely to be encountered in distribution?
i) Spoilage of goods
ii) Inadequate warehousing
iii) Ineffective communication
Answers
You need enough to meet your sales demands, so run some numbers on how much you need to meet these demands.
You need to have good communication with your employees, employers, and investors. If you don’t, things can go terribly wrong! Make sure you don’t make this rookie mistake! Set up something so you have good communication with the people you work with.
Good luck!!!
If the points on a scatterplot fall on a nearly straight line sloping upward, what do the two variables have? Explain your reasoning.
________________________________
Choose the correct answer below.
A.A strong positive correlation. A positive correlation is when both variables increase or decrease together, and a strong correlation is when the two variables lie close to a straight line.
B.A strong positive correlation. A positive correlation is when both variables increase together, and a strong correlation is when the two variables lie exactly on a straight line.
C.No correlation. The given information does not indicate a relationship between the two variables.
D.No correlation. There is only a correlation between two variables when one variable decreases while the other increases.
E.A weak negative correlation. A negative correlation is when both variables increase or decrease together, and a weak correlation is when the two variables lie close to a straight line.
F.A weak negative correlation. A negative correlation is when both variables increase together, and a weak correlation is when the two variables lie exactly on a straight line.
Answers
Option A is correct. Strong positive correlation. A positive correlation is when both variables are increasing or decreasing together, and a strong correlation is when the two variables are close to a straight line.
A positive correlation is a relationship between two variables that run in parallel. In the same direction. A positive correlation occurs when one variable decreases when the other variable decreases, or when one variable increases while the other variable increases. Since these two different variables are moving in the same direction, they are theoretically subject to the same external force.
A positive correlation is when one variable tends to decrease when the other variable decreases, or when one variable tends to increase when the other variable increases.
In finance, correlations are used to describe how individual stocks perform in relation to the broader market.
A beta of 1.0 represents a stock that correlates perfectly with the S&P 500. Values above 1.0 represent stocks with higher volatility than the S&P 500, while lower values represent stocks with lower volatility.
Know more about correlation here:
https://brainly.com/question/30780910
#SPJ1
issues on Camelot security printing under the vision and mission of the company
Answers
Camelot security printing under the vision and mission of the company .
Our Vision
To become the industry leader in providing top-notch business paperwork and document security solutions, utilizing the best available human resources and technology in a way that is both cost-effective and profitable and benefits both ourselves, our clients, and the communities in which we operate.
C – Care : We care for our customers
A – Assured : We assure our customers of the highest quality products and services
M – Money for Value : we give you your money’s worth and more
E – Efficiency: We maximize the use of our resources and waste nothing
L – Leadership : We chart the course of change
O – Originality : We strive to lead the market through innovation
T – Trust : We believe in mutual trust and long – term relationship
Our Mission Statement
Our goal is to continue to be leaders in the delivery of excellent business forms and file security solutions, utilizing the best available human capital and generation in a cost-effective and profitable manner that benefits all parties involved—including ourselves, our clients, and the communities where we work.
Our Core Values
M – Motivation
O – Originality
V – Verve (i.e. Vigour, Spirit, Style)
E – Ethical
Learn more about Business https://brainly.com/question/15826604
#SPJ9
Move the labels to the correct location on the spreedshet
Answers
Repositioning labels in a spreadsheet is possible through a few simple steps:
Select the cell that has the label needed to be shifted.
Then, lightly drag the border of the cell to your intended destination.
Alternatively, use the “Cut” feature on the keyboard via Ctrl+X or Command+X, and paste it by pressing Ctrl+V or Command+V in its new area.
How to move labels in a spreadsheetAdjust the dimensions of the cell if necessary to ensure the label fits within its space snugly.
Repeat these procedures for additional labels you wish to move as needed.
By following this brief process, you can easily make arrangements for the placement of labels accurately across the spreadsheet.
Read more about spreadsheets here:
https://brainly.com/question/26919847
#SPJ1
If Devin is purchasing a $1,500 stereo system making monthly payments for a
year and is given a "same as cash" financing promotion, what will his monthly
payment be?
A. $125
B. $150
C. $75
D. $120
Answers
Answer: Answer is A
Explanation:
If Devin is purchasing a $1,500 stereo system making monthly payments for a year and is given a "same as cash" financing promotion, There will his monthly payment be $125. Thus, option (a) is correct.
What is promotion?
Promoting products and services in the marketplace is referred to as "promotion." A paid and unpaid payment is the promotion. In order to promote itself, the business releases a new product. Public purchasing is influenced by the promotion of the goods and services. Public relations, advertising, sales promotion, and direct marketing are the four different methods of promotion.
Determine the promotion of the monthly payment to be:
Given the amount are:
Devin is purchasing a $1,500 stereo system.
Monthly payment given to the cash is 12 months.
The promotion of the monthly payment = ?
The promotion of the monthly payment = 1500 ÷ 12
The promotion of the monthly payment = $125
As a result, the promotion of the monthly payment will be $125. Therefore, option (a) is correct.
Learn more about on promotion, here:
https://brainly.com/question/20472836
#SPJ2
C 0
a.
Hank is a salaried plus commission employee. Hank has a monthly salary of $2.500 and earns 5.5% commission on all
sales. Which of the following expressions represents Hank's total earnings in one month if he has $6,300 in sales?
2,500 + (0.055)(6,300)
b. 2,500 + (5.5)(6,300)
c. (2,500) (5.5) + 6,300
d. (2,500) (0.055) + 6,300
Answers
Answer:
The answer is A
2,500 + (0.055)(6,300)
Explanation:
Answer:
A
Explanation:
c) “Shadow price is the increase in value created by having one additional unit of a limiting resource at original cost”. Provide a comprehensive real world example of where a shadow price can be calculated with multiple limiting factors and with more than one product. Your answer should be in a form of a short case study roughly 4 or 5 sentences. (5 marks)
Answers
A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.
How is this so?Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.
Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).
Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?
When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.
Learn more about Shadow pricing:
https://brainly.com/question/30695369
#SPJ1
Trespass to land is committed if, without the permission of the property owner, a person
a. has a revocable license to come onto the property.
O b. all of the choices.
c. enters the property to assist someone in danger.
O d. causes water to back up onto the property.
Answers
We are to explain what trespass to land meant.
Trespass to land is committed if, without the permission of the property owner, a person "causes water to back up onto the property"
Trespass to land is a punishable offence under the law. An individual must not go beyond the boundary or limit of his own property. There shouldn't be any form of interference in the property of someone else.
For instance, a person goes to another person's compound to plant vegetable has trespassed except if he or she is given the permission to do so.
Therefore,
Trespass to land is committed if, without the permission of the property owner, a person "causes water to back up onto the property"
Read more:
https://brainly.com/question/11711008
_________ are industry-specific factors that separate one strategic group from another.
Answers
Answer: Mobility Barriers
Explanation:
Mobility Barriers are industry-specific factors that separate one strategic group from another.
In two to three sentences, answer the following: What is the most important information you need to receive a stock quote? What information you can obtain from a stock quote?
Answers
A timestamp is the most important information you need to receive a stock quote.
The time-stamp that indicates how old the market quote is probably the most crucial element to pay attention to. The day's peak and lowest point, amount, and occasionally the 52-week maximum and low are other significant bits of knowledge that a stock quotation displays. The market value of a stock as it is quoted on a securities exchange is known as a stock quotation.
A fundamental quotation for a particular stock gives details such the bid and ask prices, last exchanged price in and volume traded. Even if a stock's value might climb without considerable earnings growth, its ability to continue rising depends on its P/E ratio.
Learn more about stock, here:
https://brainly.com/question/31940696
#SPJ1
Reverse logistics is required because?
Answers
Governments most often influence market conditions by:
A. setting up natural monopolies for essential services.
B. increasing barriers to entry in pure competition markets.
C. encouraging price fixing by corporations in an oligopoly.
D. paying research and development costs for corporations
Answers
Answer:
a
Explanation:
just took it
Governments most often influence market conditions by setting up natural monopolies for essential services. Thus, the correct option is A).
What are the ways government can influence the market conditions?Government can influence the market conditions by creating subsidies, by collecting tax from the public and giving the money to an industry, or tariffs, by adding taxes to foreign products to lift prices up and make domestic products more appealing.
It has the authority to change the level and type of taxes, the formation of spending and its level, the degree of borrowing etc. which can directly influence the market conditions.
It can directly or indirectly influence the way resources are used in the economy and increase the efficiency in order to promote the economy growth.
Learn more about government influence on market conditions here:-
https://brainly.com/question/17296970
#SPJ5