Business, 16.12.2019 23:31 tiwaribianca475
Galt industries has 50 million shares outstanding and a market capitalization of $1.25 billion. it also has $750 million in debt outstanding. galt industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt. assume perfect capital markets. suppose you are a shareholder in galt industries holding 600 shares, and you disagree with this decision to delever the firm. you can undo the effect of this decision by: a) borrow $6,000 and buy 240 shares of stockb) sell 240 shares of stock and lend $6,000c) borrow $9,000 and buy 360 shares of stockd) sell 360 shares of stock and lend $9,000
Answers: 2
Business, 22.06.2019 12:00
Identify at least 3 body language messages that project a positive attitude
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Business, 22.06.2019 15:30
For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.
Answers: 1
Business, 23.06.2019 00:30
5. if you were to take a typical payday loan for $150, with an interest rate of 24.5% due in full after two weeks, what is the total amount you would have to repay? a. $186.75 b. $174.50 c. $157.33 d. $153.67
Answers: 1
Business, 23.06.2019 00:40
In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of
Answers: 3
Galt industries has 50 million shares outstanding and a market capitalization of $1.25 billion. it a...
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