The addition or removal of product or service characteristics to satisfy additional needs, especially price, reflect the ____ of a product or service
a. value
b. grade
c. quality
d. durability
B
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The Cramden Bus Company is currently all equity financed, but it is considering a leveraged capital structure, the details of which are presented in the table under the column labeled 'Proposed'
Assume that the company generates perpetual annual EBIT. Assume that all cash flows occur at the end of the year and we are currently at the beginning of a year. Assume that taxes are zero. Assume that all of net income is paid out as a dividend. Assume that the debt is perpetual with annual coupons (and yield) of 4%. If Cramden recapitalizes, it will use the borrowed funds to repurchase (and cancel) shares. Determine both the value of the company and the value of the company's equity if it recapitalizes. Capital Structure Capital Structure Current Proposed EBIT $115,000 $115,000 Debt, D $0 $690,000 Cost of Debt, kd 4% Cost of Equity 5% A) Company value: $2,875,000; Equity value: $2,185,000 B) Company value: $2,875,000; Equity value: $2,875,000 C) Company value: $2,185,000; Equity value: $2,185,000 D) Company value: $2,300,000; Equity value: $1,610,000 E) Company value: $2,300,000; Equity value: $2,990,000
Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000.The excess (deficiency) of cash available over disbursements for March will be:
A. $42,000 B. ($9,000) C. $215,000 D. $24,000
________ activities encompass all business activities associated with employee management, such as hiring, interview scheduling, payroll, and benefits management
A) Human resource B) Technology development C) Procurement D) Account E) Architectural
A ____ is a source code instruction that controls the execution of other source code instructions
a. data declaration b. control structure c. data operation d. function call