Answer:
PV of the stock today = $115.83
Explanation:
We will use the discounted cash flows approach to calculate the price of the stock today. This approach values the stock by accumulating the present value of all the expected future cash flows from the stock/asset.
As the preferred stock pays a constant dividend after equal intervals of time and for an indefinite period, it can also be treated as a perpetuity. Thus, the formula for the present value of perpetuity will be used to calculate the price of the stock at year 10 that we will discount back to today.
Present value of perpetuity = Cash flow / expected rate of return
PV of stock at Year 10 = 10 / 0.052
PV of stock at Year 10 = 192.3076923
The value of the today will be,
PV of the stock today = 192.3076923 / (1+0.052)^10
PV of the stock today = $115.83
Answer: Human capital means the qualities of the labour force as it relates to skill, knowledge, education
etc.
2. The quantity of workers available for work refers strictly to the total number of labour force that are ready for work at a particular time, it's different from human capital which includes the total number and other factors like education, skills etc
2B Three ways to improve a nation human capital are education, skills development program and mentoring.
3. Increase in size of labour force refers strictly to the numbers of labour force while increase in human capital refers to the number and quality of the labour force like skills and knowledge
I believe the taxes increased, because a lot of American citizens are under paid for their hard labor and work..
Answer:
a debit balance of $1,300
Explanation:
Generally in the income statement, a net profit is the excess of income over expenses during a given period and this will give a credit balance in the income statement, but this will be a debit balance in Income Summary to close the account.
On the other hand, a net loss is the excess of expenses over income during a given period and this will give a debit balance in the income statement, but this will be a credit balance in Income Summary to close the account.
Since Camera Obscura Enterprises made a net profit of $1,300 in the month of June, the balance in Income Summary will therefore be a debit balance of $1,300.
Answer:
Family Maintenance Policy
Explanation:
A family maintenance policy refers to the policy in which it generates the income for a beneficiary for the particular period of time after considering the death of the insured person
After maturing the given period, the insurer provides the money to the beneficiary i.e. equal to the face value of the policy
Therefore according to the given situation, it represents the family maintenance policy
