Answer: Rylan's stock would sell for $21.96 at the end of the four years
Explanation:
PV = Current Price = $31.27
D = Dividend paid each year =$5.70
r = Equity cost of capital = 12%
FV = Price of Rylan's stock at the end of four years = ??
N = Number of years = 4
PV = D ![[\frac{1 - \frac{1}{(1+r)^{N} } }{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1%20-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%20%7D%20%7D%7Br%7D%20%5D)
+ 
31.27 = 5.70 ![[\frac{1 - \frac{1}{(1+0.12)^{4} } }{0.12} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1%20-%20%5Cfrac%7B1%7D%7B%281%2B0.12%29%5E%7B4%7D%20%7D%20%7D%7B0.12%7D%20%5D)
+ 
Solve for FV,
FV = $21.96
Rylan's stock would sell for $21.96 at the end of the four years
Answer:
Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?
Explanation:
The most important factor is considering the tuition. A lot of students experience problems regarding expensive student loans and gradually being in debt after school. To prevent this, keep you pool within your financial capability. Then, the basic information comes next, like the courses offered and the quality of education and training.
Explanation:
The Journal Entry is given below:-
a. Cash Dr, 8400
Accounts receivable 8400
(Being the Cash received)
b. Supplies Dr, 2500
Office equipment 2500
(Being the reserve entry is recorded)
Supplies Dr, 2500
Accounts payable 2500
(Being the supply is purchased)
