ZuoTi.Pro
Question

QUESTION 7 10 points Save Answer Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporations book debt-equity ratio? Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer, or if the answer is $500,000 write enter 500000 as an answer QUESTION 8 10 points Save Answer Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporations market debt-equity ratio?Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer, or if the answer is $500,000 write enter 500000 as an answer. QUESTION 9 10 points Save Answer Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporations enterprise value, in million USDs? Note: Express your answers in strictly numerical terms.

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)

All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
QUESTION 7 10 points Save Answer Last Year, a corporation had a book value of equity...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Similar Homework Help Questions

  • Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5...

    Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporation's book debt-equity ratio?

  • Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5...

    Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporation's market-to-book ratio?

  • QUESTION 09 " Table 2 shows a balance sheet for a certain company. All quantities shown...

    QUESTION 09 " Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's current ratio for 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs." QUESTION 10 " Table 2 shows a balance sheet for a certain company. All quantities shown are in millions of dollars. If in 2020 the corporation had 10 million shares outstanding and these shares are trading at $18...

  • QUESTION 12 The above tables show the income statement and balance sheet for a certain company....

    QUESTION 12 The above tables show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's ROE in 2020? QUESTION 13 " Tables 3 and 4 show the income statement and balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's ROA in 2020? Note: Express your answers in strictly numerical terms, and IN million of USDs." 10 points   ...

  • MV Corporation has debt with market value of $97 million, common equity with a book value...

    MV Corporation has debt with market value of $97 million, common equity with a book value of $104 million, and preferred stock worth $20 milion outstanding. Its common equity trades at $54 per share, and the firm has 5.8 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is □%. (Round to two decimal places.)

  • 1. MV Corporation has debt with market value of $98 million, common equity with a book...

    1. MV Corporation has debt with market value of $98 million, common equity with a book value of $102 million, and preferred stock worth $17 million outstanding. Its common equity trades at $54 per share, and the firm has 6.4 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is %. (Round to two decimal places.) The preferred stock weight for the WACC calculation is %. (Round to two decimal...

  • MV Corporation has debt with market value of $104 ​million, common equity with a book value of $95 ​million, and preferr...

    MV Corporation has debt with market value of $104 ​million, common equity with a book value of $95 ​million, and preferred stock worth $17 million outstanding. Its common equity trades at $53 per​ share, and the firm has 5.9 million shares outstanding. What weights should MV Corporation use in its​ WACC? The debt weight for the WACC calculation is nothing​%. ​(Round to two decimal​ places.)The preferred stock weight for the WACC calculation is nothing​%. ​(Round to two decimal​ places.)The common...

  • In early 2015​,Ford Motor​ (F) had a book value of equity of $24.6 ​billion, 3.9 billion...

    In early 2015​,Ford Motor​ (F) had a book value of equity of $24.6 ​billion, 3.9 billion shares​ outstanding, and a market price of $15.84 per share. Ford also had cash of $ 21.6 ​billion, and total debt of $119.5 billion. Three years​ later, in early 2018​, Ford had a book value of equity of $34.8 ​billion,10.3 billion shares outstanding with a market price of $ 11.81 per​ share, cash of $26.9 billion, and total debt of $159.2 billion. Over this​...

  • In December 2015, General Electric (GE) had a book value of equity of $98 billion, 9.4...

    In December 2015, General Electric (GE) had a book value of equity of $98 billion, 9.4 billion shares outstanding, and a market price of $31 per share. GE also had cash of $102 billion, and total debt of $199 billion. a.What was GE’s market capitalization? What was GE’s market-to-book ratio? How is GE's management performance? b.What was GE’s book debt-equity ratio? What was GE’s market debt-equity ratio? What information can you get based on your calculation? c.What was GE’s enterprise...

  • In early​ 2018, Abercrombie​ & Fitch​ (ANF) had a book equity of $ 1 comma 256$1,256...

    In early​ 2018, Abercrombie​ & Fitch​ (ANF) had a book equity of $ 1 comma 256$1,256 ​million, a price per share of $ 22.49$22.49​, and 67.767.7 million shares outstanding. At the same​ time, The Gap​ (GPS) had a book equity of $ 3 comma 149$3,149 ​million, a share price of $ 32.08$32.08​, and 393393 million shares outstanding. a. What is the​ market-to-book ratio of each of these clothing​ retailers? b. What conclusions do you draw from comparing the two​ ratios?...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT