Answer:
a. $95 million
b. 26.5%
c. 78.6%
Explanation:
a. It is projected that the company will generate a total cash flow of $95 million in a recession. The bondholders expect to receive a payoff of $95 million.
b. The promised return is the company's required debt payment at the end of the year ($129 million) and the t ($102 million).
Promised return =
Promised return =
Promised return = 0.2647 ≈ 0.265
The promised return on the company's debt is 0.265 or 26.5%
c. The expected return is the company's expected debt value and the current market value of the company’s outstanding debt ($102 million). We will need to find the company's expected value of debt since it is unknown.
expected debt value = expected debt value = (80% ×$204 million ) + ( 20% × $95 million)
expected debt value = (0.8 ×$204 million ) + ( 0.2 × $95 million)
expected debt value = ($163.2 million ) + ($19 million)
expected debt value = $182.2 million
We can now determine the expected return.
The expected return =
expected return =
Expected return = 0.7863 ≈ 78.6%
The expected return on the company's debt is 78.6%
<span>Businesses are using ______________ and other ways to track goods and control the flow of goods from point of origin to point of consumption. "tracking" is an important part of the process of managing the flow of goods, an activity that marketers call ___________.
</span>
first blank:RFID (radio frequency identification)
last blank: logistics
The probability of a loss occurring can be reduced my loss prevention
Answer:
Inventory turnover= 3.25
Explanation:
Giving the following information:
Cost of merchandise sold $552,500
Inventories:
Beginning of year 200,000
End of year 140,000
<u>To calculate the inventory turnover, we need to use the following formula:</u>
Inventory turnover= Cost of goods sold/ average inventory
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= (200,000 + 140,000)/2= 170,000
Inventory turnover= 552,500/170,000
Inventory turnover= 3.25
The term "gift" is broadly defined and includes any gratuity, favor, discount, entertainment, hospitality, loan, forbearance, or other item having monetary value. It includes services as well as gifts of training, transportation, local travel, and lodgings and meals, whether provided in-kind, by purchase of a ticket, payment in advance, or reimbursement.
For failure to report the acceptance of a gift from a non-federal entity may result in punishment under the UCMJ - the Uniform Code of Military Justice.