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Business And Economics Essay

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Below is an essay on "Business And Economics" from Anti Essays, your source for research papers, essays, and term paper examples.

1. (TCO A) Which of the following is NOT normally regarded as being a barrier to hostile takeovers? (Points : 5) 
       Abnormally high executive compensation
       Targeted share repurchases
       Shareholder rights provisions
       Restricted voting rights
       Poison pills |
2. (TCO F) Which of the following statements is correct? (Points : 5) 
       If a project with normal cash flows has an IRR greater than the WACC, the project must also have a positive NPV.
       If Project A's IRR exceeds Project B’s, then A must have the higher NPV.
       A project’s MIRR can never exceed its IRR.
       If a project with normal cash flows has an IRR less than the WACC, the project must have a positive NPV.
       If the NPV is negative, the IRR must also be negative. |
3. (TCO D) Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company's last dividend, D0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock?a. $26.77
b. $27.89
c. $29.05
d. $30.21
e. $31.42(Points : 20) 

       |
4. (TCO G) The ABC Corporation's budgeted monthly sales are $4,000. In the first month, 40% of its customers pay and take the 3% discount.
The remaining 60% pay in the month following the sale and don't receive a discount.
ABC's bad debts are very small and are excluded from this analysis.                        
Purchases for next month's sales are constant each month at $2,000. Other payments for wages, rent, and taxes are constant at $500 per month.
Construct a single month's cash budget with the information given. What is the average cash gain or (loss) during a typical month for the ABC Corporation? (Points :...

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"Business And Economics". Anti Essays. 13 Dec. 2018

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Business And Economics. Anti Essays. Retrieved December 13, 2018, from the World Wide Web: http://parimatchstavki7.com/free-essays/Business-And-Economics-187459.html