Answer:
The price of this stock today is $4.275
Explanation:
The constant growth model of the DDM approach will be used to calculate the price of this stock today. However, as the dividends are falling by a consatnt percentage every year, the growth rate taken will be negative i.e. -5%.
The formula for the price of a stock using this model is,
P0 = D0 * (1+g) / r - g
Thus,
P0 = 0.9 * (1 - 0.05) / 0.15 +0.05
P0 = $4.275
Answer:
The Journal entries are as follows:
1.
Service Cost A/c Dr. $22
Interest cost A/c Dr. $15
To Expected return- Plan Assets $9
To Pension expense $28
(To record the pension expense for 2018)
Workings:
Expected return- Plan Assets = 12% of plan assets
= 0.12 × $75
= $9
2.
(i) Pension Expense A/c Dr. $28
Plan Assets (expected return on plan assets) A/c Dr. $9
To PBO (22 service cost + 15 interest cost) $37
(To record pension expense)
(ii) Plan assets A/c Dr. $22
To cash $22
(To record the funding)
(iii) PBO A/c Dr. $8
To plan assets $8
(To record PBO or plan assets)
The two significant issues regarding the ceo pay debate are -
a) the relationship between firm performance and CEO pay
b) the size of the CEO compensation in relation to average employee pay
Chief Executive Officers (CEOs) often receive large sums of money in the form of salaries and bonuses from commercial companies. This is sometimes defended by a peer-to-peer argument; roughly "our" CEO will be paid what other CEOs of comparable companies receive.
On the face of it, this seems like a bad excuse for morally outrageous compensation schemes, and thus this argument has been overlooked in the philosophical literature in the past. In contrast, however, this article provides a defense of the peer-to-peer argument. In addition, it is shown how rigorous examination of this argument sheds light on incentive-based and desert-based theories of fair wages.
To learn more about CEO pay from given link
brainly.com/question/16557894
#SPJ4
Answer:
c. the administrative principles approach.
Explanation:
The administrative principles approach serves as a guideline to understand the functions that a manager must carry out in order to successfully manage a business. They outlined a series of administrative functions:
- planning
- organizing
- directing
- coordinating
- controlling
Answer:
What is the amount of the change in the firm's operating cash flow resulting from this project?
26018
Explanation:
Change in operating cash flow =37000*(1-0,34)+(4700x.34)
=24420 + 1598
=26018