Find what is the market value of the firm equity

Assignment Help Managerial Accounting
Reference no: EM132578330

      Number of shares X Stock Price = Market Capitalization

                        ( Millions)       ($ Millions)

Callaway Golf (ELY) 94.6 X $16.36 = $1,547.66

Alaska Air Group (ALK) 123.4 X $61.96 = $7,645.86

YUM Brands (YUM) 332.5 X $85.13 = $28,305.73

Caterpillar Tractor (CAT) 147.4 X $597.63 = $88,090.66

Microsoft (MSFT) 7,705.0 X $91.27 = $703,235.35

Question a. The price of Yum Brands stock has risen to $185. What is the market value of the firm's equity if the number of outstanding shares does not change? (Enter answer in billions rounded to 3 decimal places)

Reference no: EM132578330

Questions Cloud

Ethical issues in business : Read the article titled, "Recognition, Reification, and Practices of Forgetting: Ethical Implications of Human Resource Management
Demonstrate what value would place on the stock : Kai Zen Motors currently pays a dividend of $2 per share, What value would you place on the stock if a 16 percent rate of return were required?
Calculate the present value of the bonds at issuance : Grove Corporation issued $20,000,000 of 10% coupon rate bonds on January 1, 2018, Calculate the present value of the bonds at issuance
What is likely to be modeled as a pool : Let us consider the order-to-cash process of a company called CoolIT that sells air conditioning systems. What is likely to be modeled as a pool?
Find what is the market value of the firm equity : The price of Yum Brands stock has risen to $185. What is the market value of the firm's equity if the number of outstanding shares does not change?
Advantages and disadvantages of paying the sales force : Draft an email to the Managing Director outlining the advantages and disadvantages of paying the sales force
Collusion presents an appearance of impropriety : A constant theme in the public/private discourse, is how much responsibility should the government assume in the protection of private sector
What will Alvis report in the balance sheet : Alvis Corporation reports pretax accounting income of $580,000, What will Alvis report in the balance sheet pertaining to income taxes
Which one is better assuming the constant interest rate : Start payment 1 year after purchase and neither is affected by the death of investor. Assuming the constant interest rate of 8 percent which one is better

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd