Answer:
Answer for question :
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.
Explanation:
1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)
the expected stock price two years from now = 34.51
2. FV = 0, N = 8, PMT = 288, rate = 4%
use PV funciton in Excel
value at time 0 = 1939.03
Answer:
Explanation:
Standard fixed overhead rate=budgeted fixed overhead costs/practical capacity=$400000/32000=$12.50
Fixed overhead spending variance=Actual fixed overhead-Budgeted fixed Overhead=$403400-$400000=$3400
Fixed overhead volume variance=Budgeted fixed overhead-(Standard hours*Standard fixed overhead rate)=400000-(0.80*32000)=$397440
Answer:
$95,000
Explanation:
The computation of the amount of dividends will common stockholders receive is shown below:
But before that first we have to determine the preference shareholder for 3 years i,e 2015, 2016 and 2017
= 15,000 shares × 9% × $100 × 3 years
= $405,000
Now the amount of dividends will common stockholders receive is
= $500,000 - $405,000
= $95,000
Answer:
Cost of Truck = $26360
Explanation:
given data
cash price = $22,280
accident insurance = $1,940
sales taxes = $1,730
motor vehicle license = $250
painting and lettering = $2,350
solution
we know that Accidental insurance and the vehicle license are not include in cost of truck because there are yearly cost so that cost of the truck will be as
cost of the truck = cash price + sales taxes + painting and lettering ..............1
put here value we get
Cost of Truck = $22,280 + $1,730 + $2,350
Cost of Truck = $26360
