Answer:
A user fee.
Explanation:
These are general fees that are known to be paid by some countries indigenous occupants which tends to commence its reading from the first of January till the 31st of December. They particularly known to be renewable in most cases. User fees confer with a financing mechanism that has two main characteristics: payment is created at the purpose of service use and there's no risk sharing. User fees can entail any combination of drug costs, supply and medical material costs, entrance fees or consultation fees. they're typically obtained each visit to a health service provider, although in some cases follow-up visits for the identical episode of illness is covered by the initial payment.
Answer:
$59.68 million per share
Explanation:
The computation of stock price per share is shown below:-
Earnings Before Interest , depreciation, taxes and amortization (EBITDA) = Sales - Cost
= $29.8 million - $15.5 million
= $14.3 million
Enterprise Value ÷ EBITDA = 9.3
Hence, Enterprise Value = EBITDA × 9.3
= $14.3 million × 9.3
= $132.99 million
Enterprise Value = Value of Equity + Debt - Cash
or Value of Equity = $132.99 million - $55.8 million + $39.8 million
= $116.99 million
Now,
Stock Price Per share = Value of Equity ÷ Number of Shares Outstanding
= $116.99 million ÷ 1,960,000
= $59.68 million per share
The company's Enterprise Value (EV) is $132,990,000 and the stock price per share is $60.20. The EV was calculated by multiplying the firm's EBITDA ($14.3 million) by the industry EV/EBITDA multiple (9.3). The stock price per share was determined by dividing the Market Capitalization ($117,990,000) by the shares outstanding (1,960,000).
To respond your question, we first need to calculate the company’s Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA). In this case, since only sales and costs are given, let's assume that EBITDA is the company’s sales minus costs. Therefore, EBITDA = $29.8 million - $15.5 million = $14.3 million. Secondly, the Enterprise Value (EV) is determined as the product of the company’s EBITDA and the industry EV/EBITDA multiple. EV = $14.3 million * 9.3 = $132.99 million. But keep in mind to enter your answer in dollars, not millions of dollars. So, the EV = $132,990,000.
To calculate the stock price per share, we must first calculate the Market Capitalization of the company. The Market Capitalization is the EV minus the net debt (which is the company's debt minus the cash). Market Capitalization = EV - (Debt - Cash) = $132,990,000 - ($55,800,000 - $39,800,000) = $117,990,000.
Lastly, we get the stock price per share by dividing the Market Capitalization by the number of shares outstanding. Stock price per share = $117,990,000 / 1,960,000 shares = $60.20. So, the stock price per share would be $60.20 returned to 2 decimal places.
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Answer:
In the first instance money serves as Measure of Value, while in the second instance money serves as Medium of Exchange.
Explanation:
The measure of value and medium of exchange are two of the functions of money which are explained as follows:
a) Measure of Value
The function of money as a measure of value permits all goods and services to be attached prices. That is, every commodity is valued in terms of money. Therefore, money gives the opportunity to compare values of goods and services. Measure of value is also referred to as a unit of value.
From the question, the function of money as a measure of value is what permits Seven-11 to quote a super Slurpee as $1.39.
b) Medium of exchange
The function of money as a medium of exchange provides the opportunity use money as an intermediary instrument in order to ensure goods and services purchased, sold or traded between parties at a standard value. This is different from what obtained under the trade by barter in which commodities had to be exchanged for commodities without any standard value.
From the question, the function of money as a medium of exchange allows an amount of $1.39 which is a standard value was exchanged for the super Slurpee.
Answer:
(1) Unit of Account
(2) Medium of Exchange
Explanation:
(1) A unit of account is the measure in which prices are quoted. Thus, when the price of the super Slurpee is quoted in dollars, money functions as a unit of account.
(2) A medium of exchange is what people trade for goods and services. Thus, when you buy the super Slurpee, you are offering the $1.39 in exchange for the super Slurpee. Money here serves as a medium of exchange.
Answer: Incentives
Explanation:
Incentive Fees which can also be known as Performance Fees are an ADDITIONAL form.of compensation that are tied to an Employee's salary based on their level of performance or more specifically, their level of Financial return.
They can be calculated in various ways but the main goal is to encourage the employee to keep up the good work.
Endrik received the Incentive of a large bonus check for Exceeding the Sales expectations of the company. This will spur him to keep up the good work.
Answer:
Total increase in deposit = $54,200,000
Explanation:
given data
deposits = $20 million dollars
bank reserve = 10%
solution
we know that Deposit in bank A is = $20,000,000
and Reserve @ 10% = $2,000,000
so
Bank A loans or bank B deposit will be = $20,000,000 - $2,000,000
Bank A loans or bank B deposit = $18,000,000
here Reserve @ 10% = $1,800,000
so
Bank B loans or Bank C deposit will be here = $18,000,000 - $1,800,000
Bank B loans or Bank C deposit = $16,200,000
so that
Total increase in deposit will be = Bank A + Bank B + Bank C ...............1
put here value we get
Total increase in deposit = $20,000,000 + $18,000,000 + $16,200,000
Total increase in deposit = $54,200,000
Answer:
The Nature Conservancy is one tool that consumers can use to put their money where their mouth is, but it's not the only one. Internet technology is helping large groups of consumers raise money for causes they support. In this case, Internet technology makes it ____possible_________ that the economic pie will be maximized.
Explanation:
The Nature Conservancy is the management of land and water resources to ensure their conservation. With internet technology, consumer groups can actually raise money to ensure the objectives of the Nature Conservancy are achieved. In this case, Internet Technology is an enabler of Nature Conservation. IT has also enabled many other causes, including Gun Control and Rights Activities.
Answer:
the firm's cost of equity is 17.808%
Explanation:
A firm's cost of equity is the return expected by holders of Common Stock.
The Data available allows us to use the Capital Asset Pricing Model (CAPM) to determine the cost of Equity.
Cost of Equity = Risk Free Rate + Company`s Beta × Expected Return on Market Portfolio
= 2.8%+1.34×11.2%
= 17.808%
Answer:
Cost of equity = 14.1%
Explanation:
The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.
Under CAPM, Ke= Rf + β(Rm-Rf)
Rf-risk-free rate (treasury bill rate), β= Beta, Rm= Return on market.
Rf- 2.8% , Rm- 11.2%, β-1.34
Using this model,
Ke= 2.8% + 1.34×(11.2%-2.8%)
= 14.1%