Answer:
d. $ 9.52
Explanation:
The computation of the expected price of the stock 10 years from today is shown below:
= Dividend at year 10 ÷ (Required rate of return - growth rate)
where,
Dividend at year 10 is
= $0.45 × (1 + 0.04)^10
= $0.67
So, the expected price is
= $0.67 ÷ (11% - 4%)
= $9.52
By applying the formula we can easily find out the expected price of the stock
Answer:
The current total assets of Amber devices are $900 million
IF they sell all their assets for 850 million they will have 850 million in cash. From this cash they have to pay their liabilities first, so
850 million -475 million = 375 million
The book value of the liabilities was 475 million and because Amber devices pays of all its outstanding debt at book value, the remaining cash left for the stock holders is 375 million
The stock holder receive $375 million after liquidation of assets and payment of debt.
Explanation:
Answer:
Bob's predetermined overhead rate = 9.91
Explanation:
Calculation for predetermined overhead rate
Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours
Predetermined overhead rate = 110917 / 11198
Predetermined overhead rate = 110.917 / 11.198
Predetermined overhead rate = 9.91
43 colleges offer avionics
