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: 72% (11 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?
-
Prepare the operating activities section of the statement of cash flows for Pollys Imported Goods in BE22-12 using the indirect method, assuming that Polly reports under IFRS. Polly begins the...
-
Examine how the rank of the stoichiometric matrix can be used to reduce the number of equations to be solved. For example, if there are \(n_{\mathrm{s}}\) components and \(n_{\mathrm{r}}\) equations...
-
Specifications for the computer upgrades in Problem 4 are 78 minutes and 81 minutes. Based on the data given in the problem, are the specifications being met? Estimate the percentage of process...
-
As a skilled economic consultant, you are concerned about the forecast provided in the previous module, based on nominal values. Additional research indicates that the implicit price deflator was...
-
The sign is subjected to its mass of 130k9 and a wind force of 750N in the x direction. Ignoring the weight of the pole and the horizontal cross member, determine the 6 reactions at the fixed support...
-
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...
-
A bar of gold-197 has a mass of 1.0 kg. Calculate: a. The mass of one gold atom in kg. b. The number of gold atoms in the bar c. The number of moles of gold in the bar. (An atom of gold contains 197...
-
A car full of thieves is driving down the road, towards Superman, who stops the car with his arms. As the car comes to a stop, it pushes Superman along a few meters. The work done on the car by...
-
1) A child is carrying a 200g stuffed animal horizontally, at a constant height of 0.8m. How much work is done? a) 160 J, because that is the correct product of force and distance b) 0.16 J, because...
-
1. When working with springs we will use the following two equations: F = kx PE = 1/2(kx) If the SI units for 'x' are m (meters) and the SI units for 'F' are kg m/s2, what are the units for 'k' and...
-
1. Find value(s) of m in v = 4mi +3+3k and w = 2 +8mj + 6k such that the vectors are (a) parallel. (b) orthogonal. 2. A block is placed on an inclined ramp that is parallel to d= 52-k, and starts to...
-
Francisco drives a 48.6-g golf ball towards the green. If he gives it a total initial momentum of 2.43 kg*m/s when he strikes the ball at an angle of 26 down a driving range, how far away will the...
-
Blake is an intern in the Department of Performing Arts (DPA) at State University. One of his duties is to schedule end-of-term recitals for the departments graduating seniors and to create and...
-
Suppose the index goes to 18 percent in year 5. What is the effective cost of the unrestricted ARM?
-
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....
-
Sophia operates a large singing school with 22 employees. She receives advance fee payments from students in respect of each course (a course consists of 26 lessons). If a student does not attend all...
-
What role does agency play in the Hypodermic Model of Communication? Long after the model has been abandoned by experts in persuasion and mass media, why does this model live on as common sense?
-
Daniel is a resident individual who carries on a retail business but does not use the SBE method of accounting for income in his business. On 30 June of the current tax year he had trade debtors of...
Study smarter with the SolutionInn App