ZK
Zybrea Knight
Answers (8)
ZK
Answered
If a firm has a free cash flow equal to $50 million and that cash flow is expected to grow at 3% forever, what is the total firm value given a WACC of 9.5%?
A) $679.81 million
B) $715.54 million
C) $769.23 million
D) $803.03 million
A) $679.81 million
B) $715.54 million
C) $769.23 million
D) $803.03 million
On Jul 31, 2024
C
ZK
Answered
Larry works for Shannon as a salesperson.Shannon gave Larry a credit card with Larry's name on it so that Larry could charge necessary business expenses to Shannon's business account.Larry charged $1,000 in personal expenses,wholly unrelated to Larry's employment.Does apparent authority exist? Discuss.
On Jul 02, 2024
Yes.It is likely that apparent authority existed.In order for apparent authority to exist,the principal must empower the agent to be able to represent to the third party that he or she has the actual authority to bind the principal.In this case,Shannon gave Larry a credit card,thus enabling him to cause third persons to reasonably believe Larry is authorized to use the card.
ZK
Answered
In general,ambiguities in a written agreement are resolved against the party who drafted the agreement.
On Jul 01, 2024
True
ZK
Answered
Juan, a high school student in Montreal, likes McDonald's so much that he had a special pin made for him that says "I like McDonald's better than anyone." He is seen wearing this pin constantly. This is an example of:
A) extremism.
B) unhealthy attachment.
C) physiological needs.
D) consumer involvement.
A) extremism.
B) unhealthy attachment.
C) physiological needs.
D) consumer involvement.
On Jun 02, 2024
D
ZK
Answered
Which of the following would be included in the business concept part of the business plan?
A) the industry,business structure,and products and services
B) a description of potential customers and the implementation plan
C) the overall implementation plan
D) the operations and management
A) the industry,business structure,and products and services
B) a description of potential customers and the implementation plan
C) the overall implementation plan
D) the operations and management
On Jun 01, 2024
A
ZK
Answered
Short-term investments are securities that are _____________ and ______________ to be converted into cash within the next year.
On May 03, 2024
readily marketable intended
ZK
Answered
All of the following statements about majority rule are true EXCEPT:
A) formal voting may take place or members may be polled to find the majority viewpoint.
B) all group members will feel successful as a result of the majority rule.
C) some people will feel like "winners" and others will feel like "losers" when the final vote is tallied.
D) the very process of voting can create coalitions.
E) this method parallels the democratic political system and is often used without awareness of its potential problems.
A) formal voting may take place or members may be polled to find the majority viewpoint.
B) all group members will feel successful as a result of the majority rule.
C) some people will feel like "winners" and others will feel like "losers" when the final vote is tallied.
D) the very process of voting can create coalitions.
E) this method parallels the democratic political system and is often used without awareness of its potential problems.
On May 02, 2024
B