Answer:
The dividends paid exceeded the net new equity raised.
Explanation:
Answer:
A) conversion
Explanation:
Conversion is when someone wrongfully use property of another for their own purposes . In an action for conversion, the taking of the property may be lawful, but the retaining of the property is unlawful.
Same in this case retaining the fitness watch is unlawful to use the property which belongs to others.
I think the annuity will be worth about 41,146 in 18 years, I hope this helped :)
Answer:
8.8%
Explanation:
Given:
Excess return = 6% = 0.06
Return respond factor = 1.2
Expected higher percent = 1.5% = 0.015
Increase growth (stock price) = 1% = 0.01
Actual excess return = ?
Computation of actual excess return:
Actual excess return = Excess return + Increase growth (stock price) + [Expected higher percent × Return respond factor]
= 0.06 + 0.01 + [0.015 × 1.2]
= 0.07 + [0.018]
= 0.088
= 8.8%
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