Answer:
b)$34.45
Explanation:
Gratuity is similar to a service charge.
If the bill is $191.40, and gratitude of 18 percent will be added.
The actual gratitude amount that will be added will be equal to
18% of the $191.40 bill.
=18/100 x $191.40
=0.18 x 191.40
= $34.45
Answer:
D. brings buyers and sellers together
Explanation:
The answer to your question is B.
Answer:
$81.52
Explanation:
The current share price is the present value of future dividends as well as the present value of the terminal value of dividends beyond year 6 as shown thus:
Current dividend=$3.95
Year 1 dividend=$3.95*(1+5%)=$4.15
Year 2 dividend=$4.15*(1+5%)=$4.36
Year 3 dividend=$4.36*(1+5%)=$4.58
The required rate of return(discount rate) for the dividends in the FIRST 3 years above is 14%
Year 4 dividend=$4.58*(1+5%)=$4.81
Year 5 dividend=$4.81*(1+5%)=$5.05
Year 6 dividend=$5.05*(1+5%)=$5.30
The required rate of return(discount rate) for the dividends in the NEXT 3 years above is 12%
Terminal value of dividend=Year 6 dividend*(1+growth rate)/(rate of return-growth rate)
growth rate=5%
rate of return=10%(rate of return thereafter)
terminal value=$5.30*(1+5%)/(10%-5%)
terminal value=$111.30
current share price=$4.15/(1+14%)+$4.36/(1+14%)^2+$4.58/(1+14%)^3+$4.81/(1+12%)^4+$5.05/(1+12%)^5+$5.30/(1+12%)^6+$111.30/(1+10%)^6
current share price=$81.52
Answer:
Total debt is $15.91million
Total equity is 9.09miliion
Explanation:
Debt-to-equity ratio relates to how a firm is financing its operations through debt versus shareholders' equity(owners' fund)
The formula is: Total debt/total equity
Debt-to-equity ratio = 1.75times
Total assets =$25 million
We know the Equity = Asset - liability(debt)
We can rewrite the equation as:
Debt-to-equity ratio = Total debt/asset - debt
Let's represent debt as 'y'
1.75 = y/$25million - y
y = 1.75($25million - y)
y = $43.75 - 1.75y
Collect the like terms
y + 1.75y = $43.75million
2.75y = $43.75million
y = $43.75million/2.75
y = $15.91million
Therefore, total debt is $15.91million
Using the same formula: Total debt/total equity
Lets represent equity with z
1.75 = $15.91million/z
z = 15.91million/1.75
z = 9.09miliion
Therefore total equity is 9.09miliion
