Answer:
$201,866.28
Explanation:
Using a financial calculator, input the following to calculate the the amount that would be required today to meet the goal; calculate present value (PV).
Future value ; FV = 1,000,000
Recurring payment PMT = 0
Total duration of the investment ; N = 8
Annual interest rate; I/Y = 9%
then compute the present value ; CPT PV = $501,866.28
Since she already has $300,000, find the balance;
Additional money needed = $501,866.28 -$300,000 = $201,866.28
Answer:
0.65 per share
Explanation:
Calculate weighted average share
Date Weighted average share
Jan 1 200*1.05*2/12 35
Mar 1 (200-24)*1.05*4/12 61.6
July 1 184.80*3/12 46.2
Oct 1 188.80*3/12 47.2
Total 190
Earning per share = (150-27)/190 = 0.65 per share
Before introducing yourself, it is imperative that you fully inform yourself about the two cases to be discussed, and what the effects of each have on the organization. It is also important to make a hypothetical situation of each case and to observe probable causes and effects that will assist in creating the probable scenario and in decision making.
<span>Price per earnings ratio is calculated as Price of each share in the market/Earnings made on each share over the last 4 quarters. (P/E)
P = $ 1.70
Earnings per share = Net income/Outstanding shares
Net income = Revenue - Costs = profit margin =5%*8200= $410
Therefore Earning per share = 410/5200 = $0.078
P/E ratio = 1.7/0.078 = 21.5</span>
Answer: C. Additional Paid-in Capital -Common $4.720,000.
Explanation:
Based on the information given in the question, the journal entry to record the stock dividend would go thus:
Debit: Retained earnings = 80000 × $60 = $4,800,000
Credit: Common stock = 80000 × $1 = $80000
Credit: Additional paid in capital- Common stock = 80,000 × $59 = $4,720,000
(To record share dividend)
Therefore, the journal entry to record the stock dividend would include a credit to Additional Paid-in Capital -Common $4.720,000
