Kiedis, Corp., has interest-bearing debt with a market value of $65 million. The company also has 2
Question:
Kiedis, Corp., has interest-bearing debt with a market value of $65 million. The company also has 2 million shares that sell for $25 per share. What is the debt-equity ratio for this company based on market values?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Input area Market value of deb...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
ABC Drilling has debt with a market value of $200,000 and a yield of 9%. The firm's equity has a market value of $300,000, its earnings are growing at a 5% rate, and its tax rate is 40%. A similar...
-
Accelerate Auto Company operates a new car division (that sells high-performance sports cars) and a performance parts division (that sells performance improvement parts for family cars). Some...
-
Performance Auto Company operates a New Car Division (that sells high performance sports cars) and a Performance Parts Division (that sells performance improve ment parts for family cars). Some...
-
Axel Corporation acquires 100% of the stock of Wheal Company on December 31, Year 4. The following information pertains to Wheal Company on the date of acquisition: Book Value Fair Value Cash $...
-
What is the velocity of an electron which has a kinetic energy equal to the energy of a photon of wavelength 1nm?
-
Which of the following is the best way to prevent an agency problem between shareholders and managers?
-
E 16-3 Partnership income allocationSalary allowance Mel and Dav created a partnership to own and operate a health-food store. The partnership agreement provided that Mel receive a salary of $10,000...
-
Write a program that will read data from the file "p6.txt". The file (that you will create) always contains 15 test scores (whole numbers between 0 and 100). The test scores are scores for 5 students...
-
Bramble Corporation produces microwave ovens. The following unit cost information is available: direct materials $ 32, direct labor $ 24, variable manufacturing overhead $ 17, fixed manufacturing...
-
Ursula Chang works as a Senior Account Manager for Decorous Stone and Tile (Deco), a Canadian public company. Her responsibilities include selling tiling products to various retailers across North...
-
Beasley, Inc. is going to elect nine board members next month. Betty Brown owns 12.4 percent of the total shares outstanding. How confident can she be of having one of her candidate friends elected...
-
Frusciante, Inc., has 290,000 bonds outstanding. The bonds have a par value of $1,000, a coupon rate of 7 percent paid semiannually, and 8 years to maturity. The current YTM on the bonds is 7.5...
-
18.16A What is the direct labour efficiency variance for the month (to the nearest )? a) 523 (A) b) 523 (F) c) 340 (F) d) 340 (A).
-
Idenfity whether the following book - tax adjustments are permanent or temporary differences. ( a ) Federal Income Tax Expense ( b ) Depreciation Expense ( c ) Accrued Compensation ( d ) Dividends...
-
2 . ) Pozycki, LLC has reported losses of $ 1 0 0 , 0 0 0 per year since its founding in 2 0 1 6 . For 2 0 2 3 , Pozycki anticipates a profit of about $ 1 0 0 , 0 0 0 . There are 3 equal members of...
-
Elena is a single taxpayer for tax year 2023. On April 1st, 2022, Elena's husband Nathan died. On July 13, 2023, Elena sold the residence that Elena and Nathan had each owed and used as their...
-
Rodriguez Corporation issues 12,000 shares of its common stock for $56,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The...
-
Problem 3: A large rectangular plate is loaded in such a way as to generate the unperturbed (i.e. far-field) stress field xx = Cy; yy = -C x; Oxy = 0 The plate contains a small traction-free circular...
-
On 1 July 2023, Flyer Ltd decides to lease an aeroplane from Finance Ltd. The term of the lease is 20 years. The implicit interest rate in the lease is 10 per cent. It is expected that the aeroplane...
-
State whether each statement is true or false. If false, give a reason. {purple, green, yellow} = {green, pink, yellow}
-
Inc., has the following mutually exclusive projects. a. Suppose the company?s payback period cutoff is two years. Which of these two projects should be chosen? b. Suppose the company uses the NPV...
-
Your financial planner offers you two different investment plans. Plan X is a $25,000 annual perpetuity. Plan Y is a 10-year, $51,000 annual annuity. Both plans will make their first payment one year...
-
A financial planning service offers a college savings program. The plan calls for you to make six annual payments of $9,000 each, with the first payment occurring today on your childs 12th birthday....
-
Slow Roll Drum Co. is evaluating the extension of credit to a new group of customers. Although these customers will provide $198,000 in additional credit sales, 13 percent are likely to be...
-
Wendell's Donut Shoppe is investigating the purchase of a new $39,600 conut-making machine. The new machine would permit the company to reduce the amount of part-time help needed, at a cost savings...
-
1.Discuss the challenges faced with Valuing Stocks and Bonds. As part of this discussion, how will the selected item be implemented in an organization and its significance? 2. Discuss how Valuing...
Study smarter with the SolutionInn App