6) You are trying to value a firm that has reported an EBIT of $1M in its most recent year. Further, you see that the firm has $1M in excess cash, and $3M in debt. What is the value of the firm’s equity if comparable firms have an enterprise value (EV)/EBIT of 11?

A) $7M

B) $9M

C) $11M

D) $12M

Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion,gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.