Based on the free cash flow valuation model, the value of Wrigley Co.'s operations is $1,200 million. The company's balance sheet shows the following: $80 million in accounts receivable $60 million in inventory $100 million in short-term investments that are unrelated to operations. $90 million in accounts payable $120 million in notes payable $300 million in long-term debt $50 million in preferred stock $180 million in retained earnings $800 million in total common equity. If Wrigley has 25 million shares of stock outstanding, what is the best estimate of the stock's price per share?

engine assembler, survey reasearcher, auditor

answer; commerce clearing house;

answerbuying in bulk;

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.