Answer:
$26.42
Explanation:
According to the given situation, the computation of the estimated current stock price is shown below:-
Estimated current stock price = Earning per share × PE ratio
= $2.08 × 12.7
= $26.42
Therefore for computing the estimated current stock price we simply applied the above formula and ignore all other value as they are not relevant.
Make use of Python Counter which returns count of each element in the list.
Answer:
increase the effective interest rate of borrowing
Explanation:
Cost of debt refers to the total cost a company incurs for raising debt which includes fixed coupon rate payments to bondholders.
Cost of debt is calculated using the following formula:
wherein 
= Cost of debt
I = annual rate of coupon payment
t= tax rate
NP = Net proceeds which is par value less issue expenses
when NP is taken as the base, while calculating cost of debt, it is termed as effective interest rate.
So, bond issue costs reduce the net proceeds and thus, increase the effective interest rate of borrowing for the issuer company.
The entry to record the issuance of common stock at a price above par includes credit to cash.
Common stock is a protection that represents ownership in a organization. In a liquidation, commonplace stockholders get hold of whatever property remain after creditors, bondholders, and favored stockholders are paid.
Common stock is a form of company fairness ownership, a kind of safety. The phrases balloting proportion and normal proportion also are used often out of doors of the us. they're called fairness stocks or regular shares inside the united kingdom and different Commonwealth nation-states.
For instance, if a employer pronounces a dividend of $10 million and there are 20 million shareholders, investors will acquire $0.50 for each commonplace share they personal.
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Answer:
c) $75.
Explanation:
<u>The disposable income is the amount of personal income after taxes</u>
we can solve for taxs using the savings identity:
<em>Savings = Private Savings + Public Savings</em>
where:
Private savings: personal income - personal consumption
and Public Savings = taxes - government spending
We plug the value in the formula and solve for T
5 = 85 - 70 + T - 20
5 = T - 5
T = 10
Now, we derive personal income:
85 income - 10 taxes = 75 disposable income
