1. Program software used in manufacturing costs ?250,000.00 at present. The price is expected to decline at 15% per year due to obsolescence. What will be the cost of the software after 2 years using the double declining balance method method.
2. Non-marketed Claims: Your company has debt outstanding with a face value of 6 million dollars. The value of your firm, if entirely financed by equity, would be $17.85 million. The company also has 350,000 shares of stock in circulation and trading at a price of $38 per share of. The corporate tax rate is 35%. What is the actual total market value of your enterprise?