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Milano Pizza Club owns three identical restaurants popular for their specialty pizzas. Each restaurant has a debt–equity ratio of 40 percent and makes interest payments of $45,000 at the end of each year. The cost of the firm’s levered equity is 24 percent. Each store estimates that annual sales will be $1.38 million; annual cost of goods sold will be $710,000; and annual general and administrative costs will be $445,000. These cash flows are expected to remain the same forever. The corporate tax rate is 35 percent. a. Use the flow to equity approach to determine the value of the company’s equity. (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Value of the company’s equity $ b. What is the total value of the company? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Value of the company $

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As a nurse please explain how to differentiate anxiety vs spiritual distress

as a nurse please explain how to differentiate anxiety vs spiritual distress...

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7. (10 points) Find the general solution to the homogeneous system of DE: -1 x' =...

7. (10 points) Find the general solution to the homogeneous system of DE: -1 x' = Ax where A -2 = [ 21...

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An electron is a subatomic particle (m = 9.11 10-31 kg) that is subject to electric...

An electron is a subatomic particle (m = 9.11 10-31 kg) that is subject to electric forces. An electron moving in the +x direction accelerates from an initial velocity of +5.46 105 m/s to a final velocity of +1.93 106 m/s while traveling a distance of 0.041 m. The electron's acceleration is due ...

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The lack of carrier families with no affected children in pedigree data is an example of...

The lack of carrier families with no affected children in pedigree data is an example of Select one: a. non-Mendelian inheritance b. variable expressivity c. linkage disequilibrium d. ascertainment bias...

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If the rate of inflation is 4.4%, what nominal interest rate is necessary for you to earn a 3.9% real interest rate on your investment?

If the rate of inflation is 4.4%, what nominal interest rate is necessary for you to earn a 3.9% real interest rate on your investment?...

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PRINCIPLES OF INFORMATION SYSTEM SECURITY What are the differences among user, group, and role management?

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1 A 25 kg weight is swung in a horizontal circle with a tension of 1250 N in the cord holding it. A) What is th...

1 A 25 kg weight is swung in a horizontal circle with a tension of 1250 N in the cord holding it. A) What is the centripetal acceleration? B) What is the linear velocity if the radius is 135 cm? C) What is the linear displacement traveled after 32 revolutions? A thin spherical shell with a weight of...

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MUST use the NORM.DIST() or NORM.INVO) Normal Distribution functions in Excel. Provide your final answer rounded...

MUST use the NORM.DIST() or NORM.INVO) Normal Distribution functions in Excel. Provide your final answer rounded to 4 decimal places in the yellow highlight cell. Problem (i): The average credit card debt for college seniors is $3262. The debt has a normal distribution with a standard deviation of $...

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The hydolosis of a protein affects which of the following levels of structure? a) Primary b)...

The hydolosis of a protein affects which of the following levels of structure? a) Primary b) secondary? c) tertiary d) all of the above ????...

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Jerry and Sarah would like to give the maximum possible gift that they can to their...

Jerry and Sarah would like to give the maximum possible gift that they can to their son without having to pay gift tax. They don't mind filling out a gift tax return - they just don't want to OWE any gift tax. Jerry and Sarah have never been required to file a gift tax return and live in a c...

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A sample taken from a population yields a sample mean of 58.3. Calculate the p-value for...

A sample taken from a population yields a sample mean of 58.3. Calculate the p-value for parts a through d below a. HA: μ> 58, n-16, σ 1.6 b. HA: #48, n-41, s :33.685 с.НА: #48, n-41, ơ 33.685 d. HA: H <64; data: 58.7, 54.1, 57.5, 55.3, 65.9 a. Calculate the p-v...

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Exercise 25-9 Computing net present value LO P3 B2B Co. is considering the purchase of equipment that would allow the co...

Exercise 25-9 Computing net present value LO P3 B2B Co. is considering the purchase of equipment that would allow the company to add a new product to its line. The equipment is expected to cost $360,000 with a 12-year life and no salvage value. It will be depreciated on a straight-line basis. The co...

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Alpha Company used the periodic inventory system for purchase & sales of merchandise. Discount terms for...

Alpha Company used the periodic inventory system for purchase & sales of merchandise. Discount terms for both purchase & sales are, FOB Destination, 2/10, n30 and the gross method is used. > Alpha Company sold on account merchandise costing $3,000 to Bravo Company on May 2, 2016. Selling ...

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I need the answer to the 2 problems 14 HOLES EQUALLY SPACED |--8 0-0-0-0-0-0-0-0-0-0-0 -5 FEET...

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What does your body do with the energy released during cellular respiration?

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THE CODE NEEDS TO BE ON MATLAB 2. Exercise (a) Let's write a script file that...

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