Covan, inc. is expected to have the following free cashflow: year 1 2 3 4 times times times••• fcf 13 15 16 17 grow by 4% per yeara. covan has 66 million shares outstanding, 33 million in excess cash, and it has no debt. if its cost of capital is 13%, what should be its stock price? b. covan reinvests all its fcf and has no plans to add debt or change its cash holdings (it does not invest its cash holdings). if you plan to sell covan at the beginning of year 2, what is its expected price? c. assume you bought covan stock at the beginning of year 1. what is your expected return from holding covan stock until year2?

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Which ranks these careers that employers are most likely to hire from the least to the greatest?