Answer:
$14.49
Explanation:
Present P/E ratio = Current stock price/(Net income/Shares outstanding)
Present P/E ratio = 14.75/($8,000,000/5,500,000 shares)
Present P/E ratio = 10.1406
EPS after 1 year = 8000000*125%/ 7000000
EPS after 1 year = 1.4286
Stock price = EPS after 1 year * Present P/E ratio
Stock price= 1.4286* 10.1406
Stock price = $14.49
Answer:
C. Except it isn't Orin that will avoid the taxes, but his heirs.
Explanation:
Answer:
C. the greater the value of the multiplier
Explanation:
As we know that
The formula to compute the Government spending multiplier is shown below:
Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)
where,
Marginal propensity to consume refers to the change in consumption with regard to the change in income
So if the value of the marginal propensity to consume is higher than there would also increase in the value of the multiplier and in the same proportion it would be greater
Answer:
battery
Explanation:
Battery is the crime that occurs when a person physically assaults another person, while assault is threatening that person with physical assault, but not actually doing it.
Sara would claim against Romeo for battery because Romeo did grab her, mistletoe her, and kiss her. In other words, Romeo established unwated physical contact with Sara, he did not simply threaten her to do so, or hinted at doing so.
Answer:
$4,400
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The adjusted cash balance is the balance after all the transactions omitted from the cash balance have been considered.
Deposits in transit at month-end $ 1,900 - No adjustments required
Outstanding checks at month-end $ 570 - No adjustment required
Bank service charges $ 30 - To be deducted
EFT automatically deducted monthly, not yet recorded by Maxi $ 480 - To be deducted
An NSF check returned on a customer account $ 315 - To be deducted
Adjusted cash balance = $5,225 - $30 -$480 - $315
=$4400
