Accountancy, asked by TbiaSamishta, 11 months ago

a firm with no financial assets or financial obligations generated free cash flow of $8.4 million in 2009. at the end of 2008 it had a market value of $224 million or 1.6 times book value. at the end of 2009 it had a market value of $238 million, twice book value. a) what was the rate of return from investing in the stock of this firm for 2009? b) what were the earnings for this firm for 2009?

Answers

Answered by sumitpatil2412
0

What were the earnings for this firm for 2009?

Answered by Sidyandex
0

A money related resource is a non-physical resource whose esteem is gotten from an authoritative case, for example, bank stores, securities, and stocks.

Beyond any doubt it will be make a tremendous effect.

Money related resources are generally more fluid than other substantial resources, for example, products or land, and might be exchanged on monetary markets.

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