6. Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non- current asset balance is Php 2,000,000.00 comprised of Fixed Asset. There is no long-term debt with debt ratio of only 0.25:1. Using Book Value Method, what is the minimum value it can sell the 15% of the business? a. Php 750,000.00 b. Php 550,000.00 c. Php 450,000.00 d. Php 400,000.00
6. Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non- current asset balance is Php 2,000,000.00 comprised of Fixed Asset. There is no long-term debt with debt ratio of only 0.25:1. Using Book Value Method, what is the minimum value it can sell the 15% of the business? a. Php 750,000.00 b. Php 550,000.00 c. Php 450,000.00 d. Php 400,000.00
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Dvidend
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300,006
C. 2%
Valve
d. 5%
3,100,000
300K
6. Mommy Hai-dee, Inc. as of yearend of 2019 has a Total Working
Capital of Php 3,000,000.00 and with a Current ratio of 2:1. Non-
current asset balance is Php 2,000,000.00 comprised of Fixed
Asset. There is no long-term debt with debt ratio of only 0.25:1.
Using Book Value Method, what is the minimum value it can sel
the 15% of the business?
a. Php 750,000.00
b. Php 550,000.00
c. Php 450,000.00
d. Php 400,000.00
7. Mother Josie, Inc. has revenue increasing exponentially in 5
years. Based on the industry, applicable earning valuation
multiplier is 2. EBIT for the last 12 months is Php 1,500,000.00.
of the business?
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