A company has a share price of $22.15 and 118 million shares outstanding. Its market-to-book ratio is 4.2, its book debt-equity ratio is 3.2, and it has cash of $800 million
How much would it cost to take over this business assuming you pay its enterprise value?
A) $1.9 billion
B) $3.044 billion
C) $4.566 billion
D) $3.8 billion
Answer: D
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The Crockery Pottery Company completed the flexible budget analysis for the second quarter, which is given below.
Which of the following would be a correct factor to explain the sales volume variance for sales revenue?
A) increase in sales price per unit
B) increase in sales volume
C) increase in variable cost per unit
D) increase in fixed costs
Commercial speech:
a. would not include an advertisement for a service. b. must concern lawful activity and not be misleading in order to receive First Amendment protection. c. is more valuable than other varieties of speech. d. All of these.
The current use of illegal drugs is a disability under the Americans With Disability Act
Indicate whether the statement is true or false
The more conservative a firm's management is, the higher the firm's total debt to total capital ratio [measured as (Short-term debt + Long-term debt)/(Debt + Preferred stock + Common equity)] is likely to be.
Answer the following statement true (T) or false (F)