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Question - Sommers Industries has $3,900,000,000 in total assets-of which cash and equivalents total $70,000,000. Its balance sheet shows $500,000,000 in current liabilities-of which the notes payable balance totals $192,000,000. The firm also has $1,600,000,000 in long-term debt and $1,800,000,000 in common equity. It has 90 million shares of common stock outstanding, and its stock price is $30 per share. The firm's EBITDA totals $1,474,000,000. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What is Sommers's EV/EBITDA ratio?
Ted thomas a single taxpayer with no dependents has the following transactions in 2010- long term capital gain 18,000. If his agi were 25,000 what is the maximum rate at which it would be taxed?
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Expected sales are 40,000 units; expected production is 50,000 units; practical (maximum) capacity is 100,000 units. If Tayla Industries uses a normal costing system and a plantwide predetermined overhead rate, the budgeted overhead per unit is:
pooh wants to purchase a car on jan 1 20x5. she plans to make five payments of 700 each year beginning jan 120x0 in a
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