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Eduardwww [97]
3 years ago
5

Jane reviewed her last monthly statement for her regular savings account. Her beginning balance was $1,808. She deposited $182 a

t the beginning of the month, withdrew $300 to shop for school supplies for her children at the end of the month, and earned $2.52 in interest. Her ending balance was $1,692.52. What new information did she learn from reviewing her statement?
She earned $2.52 in interest.

Her school supply budget was $300.

Her opening balance was $1,808.

She had $182 left after she paid her monthly bills last month.
Business
1 answer:
Zolol [24]3 years ago
3 0
She learned that she had earned $2.52 in interest
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GarryVolchara [31]

Answer:

13.48%

Explanation:

Calculation for the required return for the company's stock using this formula

Required return = (D1/P0) +g

Let plug in the formula

Required return = [$1.12(1 + 0.115) / $62.91] + 0.115

Required return= [$1.12(1.115) / $62.91] + 0.115

Required return =(1.2488/$62.91)+0.115

Required return=0.019850580194+0.115

Required return = 0.1348 *100

Required return =13.48%

Therefore the required return for the company's stock will be 13.48

5 0
3 years ago
The UpTowner just paid a $3.45 annual dividend. The company has a policy of increasing the dividend by 4.5 percent annually. You
Basile [38]

Answer:

$41.74

Explanation:

For computing the price, first , we need to calculate the current price which is shown below:

= Last dividend × ( 1 + growth rate)  ÷ (Required rate of return - growth rate)

= $3.45 × ( 1 + 0.045) ÷ (14.8% - 4.5%)

= $3.60525 ÷ 10.3%

= $35

Now the price would be

= Current price × ( 1 + growth rate) ^ years

= $35 × ( 1 + 0.045) ^ 4 years

=  $35 × 1.1925

= $41.74

8 0
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Which of the following is typically NOT led by a company's Human Resource department?
LUCKY_DIMON [66]

Answer: they dont file complaints

Explanation:

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