Round 689,652 to the nearest thousands a. 69,000 b. 700,000 c. 689,000 d. 690,000 3. Find the sum of 356, 481, 294, and 117. a. 1,248 b.
As stated earlier, we offered to pay $5.1 billion for the equity portion of the company. However, since it will take 12 to 18 months for the deal to close we must find the present value of our offer. When we discount our offer over 12 to 18 months, we can determine that the present value of the offer is $4.7 billion (Also see Exhibit 1). If we compare this to the implied market value of the equity, we can see that our offer is right in line with the value of the equity. As you can see, while we are paying right at the high end implied value for the firm, we are not overpaying for the company.
In summary, under the law of one price, Cypress asset value is higher than its current market value. Q2: Dirks can adopt the strategy of longing Cypress. From the case, Cypress has obtained a favorable ruling from IRS to distribute Sun Power shares tax free to all Cypress’s shareholders. This means that Dirks should consider accumulating (long) as many Cypress share as possible. Alternatively, if Cypress were to sell its share in Sun Power, it is worth $3,862,600,000 equivalent to $25.29 per share of Cypress in cash.
Accounting profits includes costs such as depreciation, interest, and taxes to run a business therefore it should not affect free cash flows. The period of time given for the free cash flows cover year zero through five and reveal the financial benefit of the project. Financial projections for duration of project There is annual working capital requirement of $100,000 to initiate the project. An increase is shown for years one through three. Net working capital will equal 10% of the sales revenue for each year.
Her criteria display no late payments in the past year. Ms. Davis represented credit worthiness and an applicant of great character. Mr. Blankenship’s FICO score is 680, loan amount $200,000. I approved loan based upon his willingness to make the payments; however, Mr. Blankenship may encounter a late payment from time to time, he is not an individual that will default on a loan. Also, an applicant with a score of 680 range is an individual that is thriving to improve their FICO score.
47 + 86 is equal to 86 + 47. C. 47 + 86 is greater than 86 + 47. 7. How many tens are in 374? A.
Although Patrick does not have to borrow money from the bank when he has available fund received from his father, there is still opportunity cost associated with using money to buy the lawn mower instead of investing 5000$ in other financial products such as bond with interest rate larger or equal to 6%. Therefore, nominal interest rate should not be neglected. For the sake of simplicity, we assume that Patrick may purchase bond with 6% interest rate which will give him income of 300$ at the end of the year. We treat 300$ opportunity cost the same way with 300$ annual interest rate cost if he has to borrow. To conclude, even when Patrick does not have to borrow money from the bank, nominal interest rate is still relevant to the user cost calculation.
65 |. 35 }. 13 ~. 5 8. If 3<x<100, for how many values of x is x/3 the square of a prime number?
| 8.00V | 0.79A | 5. | 9.97V | 0.98A | 6. | 12.00V | 1.19A | 7. | 14.00V | 1.39A | 8. | 5.00V | 0.49A | 9.
Which of the following numbers, when rounded off to the nearest thousand, becomes 7 541 000? A 7 530 798 C 7 540 618 ( B 7 531 300 D 7 541 503 5. When 690 203 is broken down according to its digit values, it becomes A 690 000 + 20 + 3 B 690 000 + 200 + 3 C 600 000 + 9 000 + 200 + 3 D 600 000 + 90 000 + 200 + 3 ( 6. Which of the following numbers is the nearest to 1 million? A 989 799 C 1 000 100 ( B 997 899 D 1 100 000 7.