Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to repurchase shares from its investors, and has already announced the stock repurchase plan. Currently Luther is an all equity firm with 1.25 billion shares outstanding. Luther's shares are currently trading at $20 per share.The market value of Luther's non-cash assets is closest to:

Answers

Answer 1

The non-cash assets of Luther is closest to a market value of $20 billion.

Based on the accounting equation that Assets = Liabilities + Equity, the non-cash assets can also be determined as follows:

Non-cash Assets + Cash = Liabilities + Equity (market value)

Non-cash assets = 0 + $25 billion - $5 billion

Non-cash assets = $20 billion.

Data and Calculations:

Available cash = $5 billion

Number of equity shares = 1.25 billion

Current market price per share = $20

Market value of Equity = $25 (1.25 billion x $20)

Non-cash assets = $20 ($25 - $5) billion

Thus, Luther's non-cash assets has a market value of $20 billion.

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Related Questions

what term is used to describe the process of reducing foreign exchange risks​

Answers

Answer:

business transactions are denominated in foreign currencies. In international accounting, a "hedge" is: ... a business transaction made to reduce the exposure of foreign exchange risk.

Which of the following is NOT a disadvantage of personal interviews?

Answers

Answer:

Where are the options to this question

According to the guidelines of good journalism, which of the following is correct:

O Her birthday is March 10
O Her birthday is Mar. 10
O Her birthday is march 10
O Her birthday is mar. 10

Answers

The first answer is correct

Answer:

Her birthday is March 10 plz Mark me as brainlliest

What leadership styles would you use to describe Carlos Slim Helu?

Answers

Answer:  autocratic

Explanation:

Carlos Slim's leadership style is autocratic since he centralizes the high level decisions, pedantically oversees his investments, and assumes responsibilities for his actions. . His style mechanics differentiate from most CEO's due the number of companies he runs and the variety of industries

Answer:

the  leadership style is autocratic

Explanation:

since he incorporates high-level decisions, meticulously supervises his businesses, and accepts responsibility for his actions.

Multiple Choice
Which of the following exemplifies wisdom as defined by Maslow?
A con artist who can persuade anyone and everyone to hand over their valuables.
O A counselor who helps families who have been feuding for generations bury the hatchet.
A scholar who has read thousands of books.
O A world traveler who can pick up languages and customs like a native.

Answers

Answer:

I think its A so have a good day

Explanation:

the ABC manufacturing firm, the average withdrawal rate for product A is 20
cartons per day, safety stock is 5 days, order lead time is 10 days, and the
order quantity is 45 days.


Requirement: What are the maximum and average quantities of unit loads to be
stored?

Answers

Answer:J is between H and K. If HJ=6x-5, JK=4x-6 and KH= 129, find the value of HJ

Explanation:J is between H and K. If HJ=6x-5, JK=4x-6 and KH= 129, find the value of HJ

Question 1
A) Sarah has an apple and Ava has a bag of chips. Sarah would rather consume the bag of chips, and Ava would prefer to consume the apple. Which of the following is an example of bartering?(1 point)

Sarah pays Ava $1 for her bag of chips.


Ava pays Sarah $1 for her apple.


Sarah trades her apple for Ava's bag of chips.


Sarah and Ava consume the goods they currently possess.


Question 2
A) Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and services. In this case, gold is functioning as a(n)(1 point)

store of value.

unit of account.


fiat money.


medium of exchange.


Question 3
A) Consider a hypothetical economy in which rice functions as money. In addition to being valued as money, rice is valued as a consumer good. In this scenario, rice is said to be(1 point)

fiat money.


representative money.


currency.


commodity money.


Question 4
A) Elementary school students often trade food items at lunch in an effort to have the best lunch possible. In one elementary school, pudding cups have become so popular that they have become a unit of account. This means that(1 point)

a pudding cup will likely have the same purchasing power tomorrow as it does today.


a pudding cup entitles its holder to a share of some valuable asset.


students are eager to accept pudding cups in exchange for any lunch item.


the price of other lunch items is expressed in quantities of pudding cups.


Question 5
A) Which of the following illustrates the difference between the U.S. dollar, a form of fiat money, and a U.S. gold certificate, a representative currency?(1 point)

A U.S. dollar does not have value in addition to its value as money.


A gold certificate does not represent a claim to some specific asset.


A gold certificate does not have value in addition to its value as money.


A U.S. dollar does not represent a claim to some specific asset.

Answers

The correct answers are:

C. Sarah trades her apple for Ava's bag of chips.

D. medium of exchange.

D. commodity money.

D. the price of other lunch items is expressed in quantities of pudding cups.

D. A U.S. dollar does not represent a claim to some specific asset.

what are two examples of ways an electronic record may be disturbuted to others?

Answers

Answer:

Way 1. Email, Way 2. Publish on Internet

Pizza is a product. As you have learned, services are marketed differently. Hypothesize about how the service at your restaurant may be marketed in order to set your business apart from others. How is marketing a service different than for a product?

Answers

Answer:

It's very different

Explanation:

when marketing a product we are trying to show our customers the products by manipulating them with idols, Models..etc that will make the customers think it's a perfect thing to buy because they saw someone famous do it.

for example when you see Tonny Stark wat some pizza on tv you will want to buy the same pizza he is eating.

But for the service part it's intangible so they only can see it, by just showing how beautiful, fansy, luxurious and relaxing it is. For example when you see a commercial on tv about Hawaii.

classify technical education with example?​

Answers

Answer:

A kind of education which equips with skills that involve the use of practical approaches and other physical instruments in executing projects. Technical education is learning something about a specific work scientifically in detail and practical.

A few common examples include schools and education programs that focus on science and engineering, information and technology, architecture and design, business and fipnance, health and social services, education and child development, hospitality and tourism, or the fine and performing arts.

If you are an HR Manager , which among these rating sources do you believe in the most crucial?

Answers

Answer:

behaviour

Explanation:

his\her behaviour to collegues matters more for good environment in business

Blossom Company expects to have a cash balance of $78,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022
1. Collections from customers: January $120,700, February $248,200.
2. Payments to suppliers: January $68,000, February $127,500.
3. Wages: January $51,000, February $68,000. Wages are paid in the month they are incurred.
4. Administrative expenses: January $35,700, February $40,800. These costs include depreciation of $1,700 per month. All other costs are paid as 4. incurred.
5. Selling expenses: January $25,500, February $34,000. These costs are exclusive of depreciation. They are paid as incurred.
6. Sales of short-term investments in January are expected to realize $20,400 in cash. Blossom Company has a line of credit at a local bank that enables it to borrow up to $42,500. The company wants to maintain a minimum monthly cash balance of $34,000.
Prepare a cash budget for January and February.

Answers

Answer:

Blossom Company expects to have a cash balance of $78,200 on January 1, 2022. These are the relevant monthly budget data for the first two months of 2022 Collections from customers: January $120,700, February $248,200. 1. Payments to suppliers: January $68,000, February $127,500. 2. Wages: January $51,000, February $68,000. Wages are paid in the month they are incurred. 3. Administrative expenses: January $35,700, February $40,800. These costs include depreciation of $1,700 per month. All other costs are paid as 4. incurred. Selling expenses: January $25,500, February $34,000. These costs are exclusive of depreciation. They are paid as incurred. 5. Sales of short-term investments in January are expected to realize $20,400 in cash. Blossom Company has a line of credit at a local bank that enables it to borrow up to $42,500. The company wants to maintain a minimum monthly cash balance of $34,000. 6. Prepare a cash budget for January and February. (List items that increase cash balance first.)

BLOSSOM COMPANY Cash Budget January February $ $ tA TA

$ $

Explanation:

Which employees should be aware of how to turn off power to a shop in an emergency?
Managers
Owners
Contractors
All workers should know how to turn the power off in an emergency.

Answers

Answer:

Last one.

Explanation:

All the workers should know how to turn off the power in an emergency. Just in case there isn't one, there is the other.

why do you think there is such a variety of industries involved with plants?

Answers

Because plants give us oxygen and that helps us breathe better

Help it's due today
7-9

Answers

Try going on Quizlet!!!

If a company exchanges a debt instrument with no ready market for property with an indeterminable fair value, it should not be recorded on
a. the books of either party until the fair value of the property becomes evident.
b. the board of directors of the entity receiving the property should estimate a value for the property that will serve as a basis for the transaction. c. the directors of both entities involved in the transaction should negotiate a value to be assigned to the property.
d. the present value of the debt instrument must be approximated using an imputed interest rate.

Answers

Answer:

the present value of the debt instrument must be approximated using an imputed interest rate.

Explanation:

What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?

habitat improvement


artificial stocking


predator control


hunting regulations

What part of wildlife management involves trapping animals in areas where they are abundant and releasing them in areas of suitable habitat where they are not abundant?

habitat improvement


artificial stocking


predator control


hunting regulations

Answers

The part of wildlife management that overseas the trapping animals in areas where they are much and get them release to where they are not abundant is : D Hunting regulations

Hunting regulations can be regarded as the measures that are put in place to save the life of wildlife from going into extinction.

This body usually trap animals in areas they are much they released them to areas they are not much.

The body dictate the hunting seasons that the hunter should hunt, and not to hunt.

It gives the bag limits as well as poaching laws on the hunting proces

Therefore, the correct option is D

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Which scenario best reflects the relationship between production and demand in a recession?
Car dealerships have minimal overstock.
Car dealerships are not restocking.
• Car dealerships cannot sell their stock.
• Car dealerships cannot obtain stock.

Answers

Answer:

A car dealership can't sell their stock

Explanation:

In a recessionary economic situation, the scenario that best reflects the relationship between production and demand is a car dealership cannot sell its stock.

What characterizes a recession?

It occurs when an economy declines for two consecutive quarters. It is an analysis that is based on the variation of a country's GDP.

Therefore, in a recession situation, consumers would generally choose to spend their money on essentials such as food and medicine. It is then concluded that the sale of vehicles in this period would be reduced and therefore the dealerships would not sell their stock.

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purpose of corporate management​

Answers

Answer:

to efficiently and effectively utilize the resources that the management has in hand. 

hope this helps <3

Do you have a difficult boss? How do you handle
them?

Answers

I have a difficult boss my teacher Angelina teacher she always teach me a lesson, lesson mean a slap.
I handle her, when she slap me I see to my shoes and nikal deta all my guusa.

In a developing country, two alternatives are under consideration for delivering water fiom a mountainous area to an arid area in the country's southern region. A coated heavy- gauge plastie pipeline can be installed, with pumps spaced appropriately along the pipeline. Alternatively, canal can be built; however, it will have greater water loss than the pipeline, due to evaporation and poaching along the canal route. To compensate for the water loss, the canal will have a greater carrying capacity than the pipeline. It is estimated it will cost $125 million to install the pipeline. Major replacements are planned every 15 years at the cost of $10 million. Pumping and other annual operating and maintenance costs are estimated to be $5 million. The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be S1 million. Major upgrades of the canal are anticipated every 10 years, at the cost of $5 million. Based on a 5 percent (5 %) MARR and an infinitely long planning horizon, which alternative has the lowest capitalized cost?

Answers

Answer:

a developing country, two alternatives are under consideration for delivering water fiom a mountainous area to an arid area in the country's southern region. A coated heavy- gauge plastie pipeline can be installed, with pumps spaced appropriately along the pipeline. Alternatively, canal can be built; however, it will have greater water loss than the pipeline, due to evaporation and poaching along the canal route. To compensate for the water loss, the canal will have a greater carrying capacity than the pipeline. It is estimated it will cost $125 million to install the pipeline. Major replacements are planned every 15 years at the cost of $10 million. Pumping and other annual operating and maintenance costs are estimated to be $5 million. The canal will cost $200 million to construct; its annual operating and maintenance costs are anticipated to be S1 million. Major upgrades of the canal are anticipated every 10 years, at the cost of $5 million. Based on a 5 percent (5 %) MARR and an infinitely long planning horizon, which alternative has the lowest capitalized cost?

In 2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $
(c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

Answers

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed.

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

2019, Whispering Enterprises issued, at par, 60 $1,000, 9% bonds, each convertible into 100 shares of common stock. Whispering had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020. (Assume that the tax rate is 20%.) Throughout 2020, 2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1, 2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1, 2020. Compute diluted earnings per share for 2020

What is organizing in business management

Answers

Answer:

Organizing involves assigning tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. ... Before a plan can be implemented, managers must organize the assets of the business to execute the plan efficiently and effectively.

Which of the following are examples of limited resources on the part of consumers?

product and space
money and product
time and money
space and time

Answers

C. Time and money
I hope that this helped you

Answer:

C

Explanation:

Who can check your credit score?

Answers

Current or potential creditors — like credit card issuers, auto lenders, and mortgage lenders — can pull your credit score and report to determine creditworthiness as well. Credit history is a major factor in determining (a) whether to give you a loan or credit card, and (b) the terms of that loan or credit card.

Hope this helps you!

why would you use computer-aided design (cad) software?

Answers

Answer:

CAD enables the development, modification, and optimization of the design process. CAD enables the development, modification, and optimization of the design process. Thanks to CAD, engineers can make more accurate representations and modify them easily to improve design quality.

Explanation:

Answer: To re-create the layout of a space before actually moving anything.

Explanation: took the quiz

Which of the following is an item of capital expenditure?
A. repairs to a machine
B. purchase of a machine
C. cost of goods sold
D. wages cost​

Answers

Answer:

B. purchase of a machine

Explanation:


5. If an office makes equipment available in all offices and to all departments, then the firm is
practicing centralization of office equipment.

True
False

Answers

True.......

plz mark me as brain list

The answer is true.

Discuss two shortcomings of using Gross Domestic Product as the primary measure of a country’s economic performance.

Answers

The exclusion of non-market transactions. The failure to account for or represent the degree of income inequality in society. The failure to indicate whether the nation's rate of growth is sustainable or not.

Boyer Inc. is considering the introduction of a new product. This product can be manufactured in one of several ways: Using the present system at a variable cost of $55 per unit and a one time cost of $15,500. They can upgrade the present system, which will have a variable cost of $48.00 per unit, and an initial cost of $27,200. That last option consists of adding a new system with a per unit variable cost of $25.00, and an initial cost of $45,000. The organization is worried however, about the impact of competition. If no competition occurs, they expect manufacture 4,500, 6,800, and 8,800 units respectively. With competition, they expect to manufacture: 3,750, 5,500, and 6,700 units respectively. At the moment their best estimate is that there is a 57% chance of competition. They decided to make their decision based on manufacturing cost for each alternative. Based on evaluating cost, determine the following: a. What is the EMV for using the present system

Answers

The EMV (Expected Monetary Value) of using the present system with a variable cost of $55 per unit and a fixed cost of $15,500 is $239,515.

Data and Calculations:

                                         Present      New System 1     New System 2

Variable cost per unit         $55                  $48                     $25

Fixed cost                       $15,500           $27,200             $45,000

Production units:

 Without competition       4,500                6,800                  8,800

 With competition            3,750                 5,500                  6,700

Probability of competition   57%                  57%                     57%

Probability: no competition 43%                  43%                    43% (100 -57)

Expected production units:

Present System = 4,073 units (3,750 x 57%) + (4,500 x 43%)

Expected monetary value of present system:

Variable cost = $224,015 (4,073 x $55)

Fixed costs =      $15,500

Total EMV =     $239,515

Cost per unit = $58.81 ($239,515/4,073)

Expected production units:

New System 1 = 6,059 units (5,500 x 57%) + (6,800 x 43%)

Expected monetary value of present system:

Variable cost = $290,832 (6,059 x $48)

Fixed costs =      $27,200

Total EMV =     $318,032

Cost per unit = $52.49 ($318,032/6,059)

Expected production units:

New System 2 = 7,603 units (6,700 x 57%) + (8,800 x 43%)

Expected monetary value of present system:

Variable cost =  $190,075 (7,603 x $25)

Fixed costs =      $45,000

Total EMV =     $235,075

Cost per unit = $30.92 ($235,075/7,603)

Thus, the EMV for using the present system is $239,515.

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Other Questions
Exercises53evening, at 10 in the evening, at 11 in the evening, at 12 atnight)?Exercise 4. Open the brackets.1. You (to wear) your hair different tonight. 2. They (toshout) so, they (to fight)? 3. She (to grow very fast now.4. And now she (to cry). 5. I'm afraid you (to lose) yourtemper. 6. They (to see) each other in secret. 7. We (to leave)in a few days. 8. Where you (to lunch) today? 9. You (to do)anything special tonight? 10. What they (to have) for sup-per? 11. I (to lunch) at my sister's. 12. At half past ten I (togo) to school. 13. When I (to meet) her she (to go) to theUniversity. 14. She (to come) when I (to wash) my hair.15. She (to stop) me when I (to run) down. 16. I (to look)round. A man (to come) down slowly. 17. When I (to go)downstairs they (to stand) still there.Exercise 5. Open the brackets. Translate the sentences. How does that motion change for the object if the forces on the object are unbalanced? how did the akkadian empire change the political structure of the fertile crescent? You take me when youre feeling sick; I fix a headache or feverquick. I come in all sizes and shapes, and in flavors bubble gum and grape. I come in two different formsone from the lab and the other from willow tree bark. So when youre in pain, dont stay in the dark, Try me, and I guarantee that youll feel better fast; Im a painkiller that really lasts. if Bob has designed a new prosthetic limb and is marketing the limb at the clinic he works at the situation would be considered:o Unethical BehaviorO illegal ActivityConflict of InterestEthical Behavior A number that is a factor of 2 or more numbers is called a ______ of those number What do I do here ??? - 2/3+ 1/3 helpppp lol pagagamit ang pangkahalatang sanggunian sa pagsasaliksik Concerns about domestic political unrest in the early United States were lessened by which of the following developments? The outbreak of the Haitian Revolution Answer A: The outbreak of the Haitian Revolution A The creation of a stronger central government Answer B: The creation of a stronger central government B The attempts by Native American peoples to limit White settlement Answer C: The attempts by Native American peoples to limit White settlement C The conflict between Great Britain and France after the French Revolution Choose the two numbers that are rational.A)V122B)228thingElinV22414D)NaE)2411 Evaluate the function.g(x) = 3.22 2x + 5Find f(2) Identify the incorrect statement.A debit card allows for an immediate electronic transfer of money from a cardholder's savings or checking account. A debit card is essentially a paper check, but doesn't require the processing time a check does. A debit card is handy in an emergency when you don't have the money to spend. A debit card is a pay-now payment type with no grace period for payments. . Imagine you are a restaurant owner. You are trying to set the menu price for the seared scallops with rice and mango salsa. Your item food cost is $6.78 and you set your food cost percentage to 33%. What would you set the price to be on the menu? *1 point$16$18$20$21 help please i dont know what to do Solve the equation.9x=25 Lindsey spent a total of $47 on her mother for her birthday. She bought a $35 box of chocolates andsome balloons for $4 each. What is x, the number of balloons that Lindsey bought for her mother's birthday?This is the math problem 35+4x=47 Explain why is correct the word problem Can someone round this number to the nearest tenth and explain clearly Ill mark you Brainiest if you can explain in an image ;) I Need HelpWhat are the costs and benefits of credit? one number is 15 more than a second number.The sum of the number 115. What are the numbers?