Answer: Price of stock at year end =$53
Explanation:
we first compute the Expected rate of return using the CAPM FORMULAE that
Expected return =risk-free rate + Beta ( Market return - risk free rate)
Expected return=6% + 1.2 ( 16%-6%)
Expected return= 0.06 + 1.2 (10%)
Expected return=0.06+ 0.12
Expected return=0.18
Using the formulae Po= D1 / R-g to find the growth rate
Where Po= current price of stock at $50
D1= Dividend at $6 at end of year
R = Expected return = 0.18
50= 6/ 0.18-g
50(0.18-g) =6
9-50g=6
50g=9-6
g= 3/50
g=0.06 = 6%
Now that we have gotten the growth rate and expected return, we can now determine the price the investors are expected to sell the stock at the end of year.
Price of stock = D( 1-g) / R-g
= 6( 1+0.06)/ 0.18 -0.06
=6+0.36/0.12
=6.36/0.12= $53
Answer:
Kindly see attached organized table for clarity.
Item cash Net income
a Purchase of Supplies of cash -$133 -
b Adjusting entry for use of supplies - -$31
c Made sales on account - $1,297
d Received cash from customer on acct $865 -
e Purchased equipment for cash -$2,528 -
f Depreciation of building to be recorded - -$610
Answer:
Neighbourhood Bar & Resto
Explanation:
What a great experience! Sulit ang money especially for the platters that they offer, we enjoyed the James platter because of the nachos. Like the kropek too. Love the cold beer because of the unlimited ice and panalo din yung colored pink na cocktail drink. Nice choice of songs for the acoustic band then plus na lang yung area when you can play! Then clap clap for the alertness of staff... Pop na pop!!!! Ahahaha...Excellent evening out with a vibrant crowd. Not artificial but with quality. Good food. Affordable drinks and foods.
A regressive tax has the biggest impact on the income of the middle-sector households. of the American economy because they are affected by the increase of the average tax rate. The regressive tax gets its large percentage from the middle sector than the high-class households with high earnings.
Answer:
"Commodity-like" is the appropriate response.
Explanation:
- A commodity seems to be a simple item that would be compatible with other commodities of almost a similar sort used in exchange.
- Commodities have been used another very commonly in the manufacture of other products or services as inputs. The consistency of the product in question may vary marginally, but it is generally standardized across suppliers.
