Answer:
The current share price is $60.97
Explanation:
The values given are
Symon's super corporation is expected to pay a dividend of $4.39
The company expects to increase its dividend by 4.2percent every year
The required return on the company's stock is 11.4 percent
Therefore, the current share price is
= 4.39/( 11.4/100 + 4.2/100 )
= 4.39/( 0.114 - 0.042)
= 4.39/(0.072)
= 60.97
Thus, the current share price is $60.97
Answer:
$1,300
Explanation:
Calculation to determine what the market maker’s net profit from Brent’s transaction
First step is to calculate the bid-ask spread using this formula
Bid-ask spread=Ask price-Bid price
Let plug in the formula
Bid-ask spread=$31.80-$30.50
Bid-ask spread=$1.30
Now let calculate the Net profit
Using this formula
Net profit=Bid-ask spread*Shares resell
Net profit=$1.3 x 1000 shares
Net profit=$1,300
Therefore the market maker’s net profit from Brent’s transaction will be $1,300
The answer is "employs resources to produce goods and services and distribute them among competing groups and individuals<span>"
Economics is a teaching that can enable us to answer these inquiries. Economics can really be characterized a couple of various ways: it's the investigation of shortage, the investigation of how individuals utilize assets or the investigation of basic leadership.
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Answer:
$284,000
Explanation:
Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.
Given that
Baxter generated revenues = $40,000
incurred expenses = $24,000
purchased equipment = $10,000 and
paid dividends = $4,000
Net income/(loss) = $40,000 - $24,000
= $16,000
Retained Earnings at September 30, 2012
= $272,000 + $16,000 - $4,000
= $284,000
Answer:
A) Factoring
Explanation:
Factoring: This is a short term financial option which refers to financial transactions between a business firm and a financial institution. It is the selling of debt by a business firm at a discounted price to a financial institution.
Maurio inc. is involved in factoring by selling its accounts of credits to restube which is i financing firm at a discount in order to have enough capital to invest in digital publishing.
Factoring is the relationship between the financial institution and the business firm in which the fimancial institution purchases the business firms credit and pay about 80% to 90% immediately and pay the balance at a later date.
There are different types of factoring;
1) Domestic and export factoring
2) Recourse and non-recourse factoring
3) Advance and maturity factoring
4) Disclosed and undisclosed factoring
