In 2020, Caterpillar Incorporated had about 540 million shares outstanding. Their book value was $34.0 per share, and the market price was $146.30 per share. The company's balance sheet shows that the company had $2.67 billion of long-term debt, which was currently selling near par value. a. What was Caterpillar's book debt-to-value ratio? Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places. b. What was its market debt-to-value ratio? Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places. c. Which measure should you use to calculate the company's cost of capital? a. Book debt-to-value ratio b. Markeet debt-to-value ratio c. Measure

Answers

Answer 1

Book debt-to-value ratio = 2.67 / 18.36 = 0.1457 or 0.15. Market debt-to-value ratio = 2.67 / 79.002 = 0.0338 or 0.03. Market debt-to-value ratio is the most appropriate measure for calculating the company's cost of capital

a) Caterpillar's book debt-to-value ratio can be calculated as follows:

Book debt-to-value ratio = Book value of debt / Book value of the company's equity

Book value of the company's equity = Book value per share × Number of outstanding shares

Book value of the company's equity = $34.0 × 540 million shares = $18.36 billion

Book value of debt = $2.67 billion

Therefore, Book debt-to-value ratio = 2.67 / 18.36 = 0.1457 or 0.15 rounded to 2 decimal places.

b) Market debt-to-value ratio can be calculated as follows:

Market debt-to-value ratio = Market value of debt / Market value of the company's equity

Market value of the company's equity = Market price per share × Number of outstanding shares

Market value of the company's equity = $146.30 × 540 million shares = $79.002 billion.

Market value of debt = $2.67 billion

Therefore, Market debt-to-value ratio = 2.67 / 79.002 = 0.0338 or 0.03 rounded to 2 decimal places.

c) Market debt-to-value ratio is the most appropriate measure for calculating the company's cost of capital since it represents the market's perception of the company's debt and equity. Therefore, the cost of capital is the return that investors require to provide capital to the company, and this measure reflects the market's expectations for that return.

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Related Questions

Who did Mr.__ intend to marry before marrying Celie? ( the color purple)

Answers

Answer:

He wanted to marry Nettie.

Hope this helped Mark BRAINLIEST!!!

INDUCTIVE or DEDUCTIVE
1. You're playing the Lottery, and you buy a ticket with randomly generated numbers. The first three numbers you get are 5, 10, and 15. Thus, the next number you get should be 20.
2. Carla said she would only skip our weekly nights out if her favorite show is on. Carla did not show up to this week’s outing. Her favorite show must have started again.
3. Aaron and Erin bought legitimate tickets on EBay to the "Post Malone-Taylor Swift on Ice" concert, but when they arrive, the doorman won't accept the tickets and shuts them outside. Despite this setback, Aaron and Erin should still be able to get into the concert.

Answers

First sentence is an example of inductive reasoning, second sentence is an example of deductive reasoning and third sentence is an example of inductive reasoning.

1. A good illustration of inductive reasoning is this. The presumption is made that the following number should be 20 based on the pattern seen in the first three numbers (5, 10, and 15). This presumption, however, is based on the observed trend and does not ensure that it will persist.

2. A good illustration of deductive reasoning is this. Carla specified that she would miss the weekly nights out if her favourite show was on, therefore because she did not show, it is assumed that it had resumed. Based on the stated circumstance and the observed behaviour, the conclusion is reached.

3. A good illustration of inductive reasoning is this. The presumption is that Aaron and Erin should still be able to attend the event despite having their tickets rejected. This presumption is founded on the widespread conviction or expectation that valid tickets ought to entitle holders to entry to the concert. It does not, however, offer a certain assurance of admission.

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Please help! I’ll mark the best answer as BRAINLIST & give 20 points
- please try answering the questions below in one (1) sentence! Please do answer the last question.
-
Q: What would compassion look like?
Q: What would it sell like?
Q: What would it sound or taste like if it sounded or tasted like something?
Tell how this abstract (compassion) noun makes you feel!

Answers

Answer:

1: Compassion would look like a reaction to someone suffering

2: I believe it would sell pretty well as a result of it being seen as a good emotion.

3: It would sound like crying and tasted like a good soup.

4:Compassion makes me feel human

Explanation:

Brainliest?

Your parents left you in charge of the house for a day.Write a letter to your friend telling him/her about what you did

What does the author's use of the pronoun "we" suggest about the document he's written?
A)It's supposed to be seen as a secondary source document.
B)It's a new solution to an old mystery.
C) It's supposed to be seen as a primary source document.
D)It's accurate about for the outcome of the historical event.

Answers

Answer:C

Explanation:

Answer:

It's supposed to be seen as a primary source document.

Explanation:

Took the test and got it right.

What are the key differences between the Atlantic hagfish and the gulper eel? Use detalls and quotations from the text to support your
answer. (5 points)

Answers

The key differences between the Atlantic hagfish and the gulper eel lie in their physical characteristics, habitats, and feeding behaviors.

In their physical characteristics, the Atlantic hagfish and the gulper eel display distinct differences. The Atlantic hagfish, as described in the text, has "slimy, scaleless skin" and a "slender, elongated body." It possesses a "cartilaginous skull" and a "rasping tongue with rows of teeth."

On the other hand, the gulper eel is characterized by its "giant mouth" and "enormous ." It has a "long, slender body" and is "dark brown or black in color." These physical disparities highlight the contrasting features of the two species.

Regarding their habitats, the text states that the Atlantic hagfish is typically found in "deep-sea environments" such as the Atlantic Ocean. It is often found burrowed in the muddy or sandy seabed. In contrast, the gulper eel is described as a resident of the "deep pelagic zone" and can be found in various oceans around the world.

It inhabits the "abyssal depths" and is capable of enduring extreme pressure in the deep sea.

Feeding behaviors also distinguish these species. The text mentions that the Atlantic hagfish is a scavenger and feeds on "dead and decaying organisms." It uses its rasping tongue and teeth to scrape flesh off carcasses.

Conversely, the gulper eel is described as a "voracious predator." It has a distensible stomach that allows it to swallow prey larger than its own size, such as squid and fish. The gulper eel's feeding strategy is characterized by its ability to "suction-feed" and engulf prey with its enormous mouth.

To summarize, the Atlantic hagfish and the gulper eel exhibit disparities in their physical characteristics, habitats, and feeding behaviors. The Atlantic hagfish has slimy skin, a slender body, and burrows in the seabed, while the gulper eel possesses a giant mouth, a long body, and dwells in the deep pelagic zone.

The Atlantic hagfish is a scavenger, while the gulper eel is a predatory species with a remarkable ability to consume large prey.

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PLZ HELP! :(
What must you include when writing persuasively?
facts and reflections
summaries and descriptive details
explanations and analyses
reasons and evidence

Answers

Answer:

If you are writing a persuasive essay you have to be able to convince the reader why the topic you choose is important. Try using different variety of words that mean the same thing so they see what you mean in different explanations.

Answer:

The answer will be the last one, D.

Explanation:

In a persuasive essay you start by stating your opinion in the form of a claim—a clear statement that can be supported or proven. You then provide reasons, examples, and evidence to convince someone who may disagree with you

If you could change/add ONE (1) thing to the U.N., what would it be?

Answers

Answer:

More Support for developing countries

Explanation:

.Which lines from Julius Caesar support the inference that the Romans treated their defeated enemies with decency? Select the two correct answers. "Antony: In your bad strokes, Brutus, you give good words." "Octavius: Not that we love words better, as you do." "Octavius: According to his virtue let us use him, with all respect and rites of burial." "Antony: This was the noblest Roman of them all."

Answers

Answer: Antony: This was the noblest Roman of them all

              Octavius: According to his virtue let us use him, with all respect and rites of burial.

Explanation: I took the test and it was right

Octavius: According to his virtue let us use him, with all respect and rites of burial”

Antony: In your bad strokes, Brutus, you give good words.” I think? I hope I helped!

Thus, option A and C is correct.

Who is Julius Caesar?

Julius Caesar is regarded as one of the twentieth century's greatest battle strategists, explorers, and presidents. Furthermore, the contributions he made to Roman life and beyond are still studied and recognised, as he impacted those who came afterwards him.

Let us employ him based on his virtue, 90 with respect for his and burial customs. Tonight, his bones will lie beneath my tent, most honorably organized. So call the pitch to rest, so let us part the glory of this joyous day.

Brutus is urging that rather then arguing over disagreements, folks should be friends again. Therefore, option A and C is correct.

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The Hertzsprung-Russell diagram, for classifying stars based on the relationship
between their brightness, temperature and color, is provided below. Regulus belongs
in which of the following classifications of stars?

Answers

Answer: main sequence

Explanation:

The Hertzsprung-Russell diagram is a graphical representation of the relationship between the properties for different stars, and different regions on the diagram.

What is a star?

A star is a huge sphere of plasma held together by its own gravity. It is composed mostly of hydrogen and helium, which are continuously undergoing nuclear fusion at its core, producing enormous amounts of energy and light.

Stars come in a wide range of sizes, temperatures, and colors, and they play a crucial role in the universe by providing the energy necessary for life to exist on planets orbiting them. The nearest star to our own Sun is Proxima Centauri.

The Hertzsprung-Russell diagram sows the relationship between the  different classifications of stars, such as main sequence stars, red giants, white dwarfs, and so on.

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i found this and its actually kinda true...

Answers

Answer:

It really is, I believe you

Explanation:

Answer:

interesting

Explanation:

why do writers depart from the traditional use of conventions when writing

A: Writers use unconventional writing because they do not know all the rules of conventions.

B: Writers use unconventional writing because it is faster and easier to write that way.

C: Writers use unconventional writing to enhance the style and message of their writing.

E: Writers use unconventional writing to sound more like an expert

NO FREE POINT GRABS
NO "I THINK"
IF YOU DONT KNOW THE ANSWER THEN FIND IT OUT OR DONT ANSWER NO FILES
WILL GIVE BRAINLIEST FOR FIRST PERSON WITH CORRECT ANSWER (Only if 2 people answer because if not then I can't)​

Answers

Answer:

C

Explanation:

Consider dialect for a moment. You encounter someone who says

"If it ain't broke don't go fixin' it."

You want to make sure you characterize the person as belonging to a group who probably didn't go beyond grade 3. They know just enough to realize language has rules, but they have not gone far enough to use them. Besides no one else around them uses language any differently.

An author would be silly to write the statement correctly. How would the person stand out of his group?

"If isn't broken, don't fix it."

So writers are very careful to use dialect and not correct English when writing about someone who uses English dialect.

Answer:

C

Explanation:

I took the quiz and it was c

War impacts many people, choose the one NOT described specifically in the poem.

Question 1 options:

mothers


fathers


babes


maidens

Answers

Answer:

mother

Explanation:

because mom is the one who. grow us and brought us in the world and tell us. right from wrong and make us have a better education and a better job in the future of life and dad is also important to us because he the one who had a. relationship with mom and lie down with mom and she got pregnant with a baby ,who grow up to be a mother or a father

what does old major symbolize in terms of human nature and society? animal farm

Answers

Answer and Explanation:

In terms of human nature and society, Old Major means leadership and influence. That's because, in "Animal Farm" he represents the central point of Animalism, establishing himself as a leader and as someone who will bring unity to animals and organize them in the revolution they started.

"Animal Farm" was written by George Orwell and represents an allegory of the Russian Revolution, with the Old Major representing Vladimir Lenin, who was the man capable of organizing a revolution based on the concept that a majority must have the power of a system . "Animal Farm" presents a story where animals organize a revolution to free themselves from the exploitation of humans.

The cost of prison in dollars and lives

by Michael p. Jacobson

How does the author describe The development of the justice systems understanding and treatment of juvenile offenders over time?

Answers

Answer:

The author describes the development of the justice system through its constituent elements and objectives, mainly in relation to the maintenance of public security and in the rehabilitation and reintegration of offenders into society, after serving a certain sentence.

Explanation:

The article shows how juvenile courts were created to provide a fair trial to offending children and adolescents. This is because it was determined that children and adolescents have a psychological constitution completely different from that presented by adults and, therefore, their criminal motivations are different and must be judged taking this factor into account. Thus, the penalties between adults, children and adolescents must be different, with the penalties for children and adolescents focused on promoting rehabilitation and social reintegration as a way of maintaining national public security. However, the article shows that this system has flaws that must be remedied as soon as possible.

What would you say to Little Rabbit at the end of the story when he says, “I should have tried to help the other rabbits. If only we creatures had stuck together, it could have been different”? Pls pls tell me I’ll mark u brainliest.

Answers

Answer:

This is more of a personal question, so go with what you would say. However, I would say "You did a good job and tried your best, try not to worry about it too much".

What is a piece of content an image, video, or text-called that spreads digitally from perso
does?

virtual reality
targeting
SMS alerts
meme

Answers

A "meme" is a term used to describe a piece of material that circulates digitally from one person to another.

Memes are often made up of hilarious, relatable, or message-containing images, videos, or texts. They frequently communicate a concept, a trend, or a cultural allusion that appeals to a large audience and spreads swiftly through social networking sites, messaging services, and other online channels.

Individuals may develop and distribute memes, and when they are distributed and reposted by others, their popularity and reach can increase quickly. They frequently use humor, deft language, or appealing visuals to grab users' attention and persuade them to share them with their online groups, followers, or friends. Therefore, the correct answer is "meme".

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It is often said that animals are humans best friends. Write a narrative about a time in your life when this saying was proved to be true.
HURRY PLEASE!!!!!

Answers

I used to have this neighbor who was always upset all the time and they got diagnosed with depression but when their parents gave them a dog they would always have the brightest smiles on their face And you would never see them down. The dog cured their depression and they ended up becoming best friends ever since then

Which one is it (picture is above) it's for the story MONEY TELLS THE STORY in COMMONLIT ​

Answers

I have attached the bill!

When we observe the bill, We see a group of slaves working-hard..The only thing that cannot be seen in them is happiness.Thus, Option C is the correct choice!!~

What is the cause of animals on other farms becoming restless?

Winter is quickly approaching.
News of the rebellion has spread.
Mr. Jones has decided to start a new farm.
Some of the animals have moved to other farms.

Answers

Answer:

B: News of the rebellion has spread.

Explanation:

What caused the other animals in the farm to be restless was because of the news of the rebellion has spread.

What caused it.

According to the complete text, since Napoleon planned his evil intentions and tried to carry it out only for his plans to fail, there was another wave of rebellion that arose in the farm that caused the other animals in the farm to become restless and not trust each other.

This news caused a complete state of restlessness for the other animals top be in suspicion of each other.

Therefore, the correct answer is option B.

News of the rebellion has spread.

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pleaseeeee help i will pay you if u do and i really really need help on thisss!! it’s due tonight and i will fail if i don’t get it done

Answers

I would love to write 3, 5 pages but the brainly app does not let you add a lot of words also I don’t know the story

Answer:

Is it a test?

Explanation:

Number one is easy just try to mutiply i can not see the image but i can see it because i have super powers but yeh....

A masked allele in the genotype that is only expressed when 2 of the same masked alleles are inherited Question 1 options: dominant trait recessive trait genotype phenotype

Answers

Answer: phenotype

Explanation:

just took test

Alleles allude to the elective type of a similar quality. These are for the most part of two sorts prevailing and latent allele.

What are alleles in genetics?

The kind of allele that overwhelms and veils one more allele for a similar attribute is known as a predominant allele while the allele that gets covered within the sight of the prevailing is known as a passive allele.

The allele conveying a similar hereditary quality in an unadulterated structure is called thoroughbred while the allele that has various structures for the particular property is called heterozygous.

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What is the important of lothal​

Answers

Answer:

Lothal was a vital and thriving trade centre in ancient times, with its trade of beads, gems and valuable ornaments reaching the far corners of West Asia and Africa. The techniques and tools they pioneered for bead-making and in metallurgy have stood the test of time for over 4000 years.

Explanation:

Answer:Lothal was a vital and thriving trade centre in ancient times, with its trade of beads, gems and valuable ornaments reaching the far corners of West Asia and Africa. The techniques and tools they pioneered for bead-making and in metallurgy have stood the test of time for over 4000 years.

Explanation:

10. Eurydice enters the play's action only at its end. Why does Sophocles include her death?


A. To suggest how severely those who disobey the gods will be punished


B. To create sympathy in the audience for a mother’s sorrow


C. To clarify the events that led to Haimon’s death


D. To convey the family members’ love for each other



11. As he is led into the building at the end of the play, on what does Creon blame his suffering?


A. On the curse that affects Oedipus’s house "generation after generation"


B. On his fear of anarchy and "crime kept in the dark"


C. On a prophet who speaks of a house "full of men and women weeping"


D. On a god that has driven him "headlong" toward doom

Answers

Answer:

A. To suggest how severely those who disobey the gods will be punished

Explanation:

Eurydice is Creon's wife and her death is a way of making Creontes suffer for having disobeyed the order of the gods. That's because Creon, when he became the king of Thebes, became an authoritarian and petty man, he was against divine law when he prohibited Polyneices from being buried by Antigone and even decreed her death when she disobeyed. In the face of Antigone's death, Euridice kills herself and that death falls on Creon as a divine punishment.

Your financial institution can't help you if there is a mistake on your bank account statement.

Answers

Answer:

False.

Explanation:

Financial reporting can be defined as the formal communication or disclosure of financial informations and statements to a bank account holder.

A statement of account can be defined as a document issued by a financial institution to an account holder, which typically contains an accounting information of all the transactions between him or her and others over a specific period of time.

The primary objective of a statement of account is to provide accounting information, so as to enable the holder have a good understanding of the financial inclination of his or her cash inflow and outflow over a specific period of time and thus, make an informed decision with regards to a budget plan.

Hence, if there's a mistake on a bank account statement, financial institutions are saddled with the responsibility of correcting such errors because they issue it.

In a nutshell, financial institutions are mandated to help you when there's a mistake on your bank account statement.

What reason did the Russian secret police give for taking Moshe?
A. He might have information about his missing school roommate.

B.They suspected that he took classified papers from Russia.

C. He had caused discipline problems at Leningrad.

D. They wanted to hear his complaints about the Leningrad school.

Answers

Answer:

I think its C

Explanation:

Hope that helped

write about what you do on Saturdays​

Answers

Answer:

waiting for the 4 season of miraculous comes out in english, wait until the new episodes of mha come out, waiting for all my fav animes new season pretty much

Explanation:

Which element of writing is best suited for an informal tone and an inexperienced audience?
O A. slang
ОВ.
technical terms
O c. long sentences
OD. jargon
E.
complex phrasing

Answers

The answer for this is C:long sentences
Tell me if I’m wrong

In the second sentence of the third paragraph, the author uses the clause “which is expected” to advance which of the following claims about jesting?

A. If a witty remark is repeated by someone other than its inventor, it is unlikely to be funny.

B. In the absence of surprise, a witty remark loses much of its humorous effect.

C. Witty remarks that address topical events tend to become stale very swiftly.

D. Shocking events offer the best occasions for humor.

E. Unless a witty remark reinforces its audience’s values, the audience will not find the remark amusing.

Answers

Answer:

B. In the absence of surprise, a witty remark loses much of its humorous effect.

Explanation:

Answer B

Correct. In the first sentence of the third paragraph, the author makes the claim that “merriment” (amusement) can be produced only by “a sudden impression,” that is, a surprise. In the second sentence of the paragraph, the author advances that claim by using the clause “which is expected” to assert that jests (witty remarks) lacking such an element of surprise (because the audience is expecting them) lose much of their humor and are thus effectively “already destroyed.”

In the sentence, the author uses clauses to advance the claims as in the absence of surprise a witty remark loses much of its humorous effects. Thus option B is correct.

Waht is paragraph about ?

In the first sentence of the third paragraph, the author talks about claims produced only by the sudden impression that is a surprise. In the second sentence of the paragraph, the author advances the claims by the use of the clause.

That is what is expected to test the situation and puts an element of surprise as the audience expects them to lose their humor and thus is effectively already destroyed.

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Select two excerpts from Passage 2 that help the author develop the importance of the steamboat in the town.
“Once a day a cheap, gaudy packet arrived upward from St. Louis and another downward from Keokuk.” (paragraph 11)
“Before these events, the day was glorious with expectancy; after them, the day was a dead and empty thing.” (paragraph 11)
“The town drunkard stirs, the clerks wake up, a furious clatter of drays follows, every house and store pours out a human contribution, and all in a twinkling the dead town is alive and moving.” (paragraph 11)
“Drays, carts, men, boys, all go hurrying from many quarters to a common center, the wharf.” (paragraph 12)
“And the boat is rather a handsome sight, too. She is long and sharp and trim and pretty; she has two tall, fancy-topped chimneys,” (paragraph 12)

Answers

Answer:

do I choose a paragraph???

"And the boat is rather a handsome sight, too. She is long and sharp and trim and pretty; she has two tall, fancy-topped chimneys,”

Why did the students record the temperature of the cave? A. They wanted to see the cave’s creatures. B. They wanted to learn about the cave’s ecology. C. They wanted to go spelunking. D. They wanted to follow the safety rules.

Answers

Answer:

B

Explanation:

The schoolchildren keep track of the cave's temperature. They desired information on the ecology of the cave. Hence, option (B) is the proper answer.

What is meant by cave ecology?

Any naturally occurring void, cavity, recess, or network of interconnected passages beneath the earth's surface or within a cliff or ledge that is large enough to allow a person to enter is considered a cave, regardless of whether the entrance is man-made or natural and is found on private or public land.

Water accessibility, pest management, seed dissemination, and pollination are some of the ecosystem services supplied by caves. Urbanization, soil erosion, pollution, and vandalism are some of the threats to caves. There should be a central repository where these regulations, which are only present in a few nations, can be found.

Any underground spaces with water, like caves and aquifers, are considered subterranean wetlands. Ecosystems that rely on groundwater include subterranean cave systems. The term "karst landscapes" is used to describe underground cave systems with huge void sizes.

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