Answer:
$7.60
Explanation:
Find PV dividend per year at 14% discount rate;
0.30 / 1.14 = 0.2632
0.50 / 1.14² = 0.3847
0.75 / 1.14³ = 0.5062
1 / (1.14^4) = 0.5921
1.20 / (1.14^5) = 0.6232
Find the PV of the terminal cashflow;
Next, sum up the PVs to find the price of the stock today;
Price = 0.2632 + 0.3847 + 0.5062 + 0.5921 + 0.6232 + 5.2308
= $7.60
Answer: $172,000
Explanation:
Its a little bit of a trick question throwing in the Debs that they want to sell for the month.
That figure is irrelevant because we are dealing with fixed costs so the company will still incur them regardless of what they sell.
The components of total budgeted fixed selling and administrative expenses are,
Advertising
Executive Salaries
Depreciation on office equipment and,
Others
Those are the only figures that should concern you. Adding them up would give us,
= 50,500 + 60,500 + 20,500 + 40,500
= $172,000
The total budgeted fixed selling and administrative expenses for February is $172,000
Answer:
The correct answer is option a.
Explanation:
Comparative advantage refers to the situation where an individual, firm, or nation can produce a good at a comparatively lower opportunity cost.
It is given here that,
Hank's opportunity cost of producing a bushel of corn = 2 bushels of soybeans
And,
Tony's opportunity cost of producing a bushel of corn = 3 bushels of soybeans
We see that Hank has a lower opportunity costs in the production of corn. So we can say Hank has a comparative advantage in the production of corn. Or in other words, Hank specializes in the production of corn.
A non binding celing would just keep colapsing fr
B. Because D is highly wrong! There are more African-American people in jail than other races. The large war on Drugs put MANY people in jail, yet the state will put anyone in for even the smallest thing.
Most of some of the longer prison sentences were given for Drugs.. Other crimes maybe life, but not all.
