Answer:
$36.65
Explanation:
D1 = D*(1+g)
D1 = 1.8*(1+0.12)
D1 = 1.8(1.12)
D1 = $2.016
Price of stock P = D1 / (re - g)
Price of stock P = $2.016 / (0.175 - 0.12)
Price of stock P = $2.016 / 0.055
Price of stock P = $36.654545
Price of stock P = $36.65
So, $36.65 is the most that i will be willing to pay for the common stock if i am to purchase it today.
Answer:
Her Yearly Repayment will be approximately $5771
Explanation:
For an Amortized Loan, to calculate the payment amount per period, we use the formula:
A=[P(1+r)ⁿ]/[(1+r)ⁿ-1]
where A=Payment per period
P= Initial Principal/Loan Amount
r= Interest rate per period
n= number of payments period
From the information provided,
P=$20000
n=4 years
r=6%=0.06
Therefore Yearly Repayment Amount A=[Pr(1+r)ⁿ]/[(1+r)ⁿ-1]
=[20000X0.06(1+0.06)⁴]/[(1+0.06)⁴-1]
=[1200(1.06)⁴]/[(1.06)⁴-1]
=[1200X1.2625]/[1.2625-1]
=1515/0.2625
=$5771.43
Answer:
See explanation Section
Explanation:
Culver Corporation
Balance Sheet (Current Asset only)
As at December 31, 2017
Particulars $ $
Cash $8,220
Accounts Receivable $97,530
Less: Allowance for
<u>Doubtful Accounts (4,520) </u> $93,010
Prepaid Insurance $6,040
Inventory $34,900
<u>Equity Investments $13,510</u>
Current Assets $155,680
Note: As equity investment will be sold in the next year, it is shown as current assets. Land and patents are property, plant, and equipment.
Answer:
Explanation:
Based on the information provided within the question it can be said that the main impact of the legal constraints would be that they have the ability to change the way that the economic pie is divided among the different parties, which in term can completely change their well-being. This is because those that receive more wealth are able to provide a better quality of life that those that did not.
