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3 years ago

Why have the fortunes of the English gentry degenerated?

1 answer:

4 0

The fortunes of the English gentry degenerated primary due to the reformation of the voting law. Initially, only land-owning gentry has the right to vote and they used their right to control the laws governing land ownership. When the voting law was reformed, the power of the gentry diminished, enabling non-gentry individuals to own land and create factories.

Since, the English gentry get their fortunes from leases on their lands used for farming, they were very affected when the people working on their lands opted to go to the city and become factory workers. Thereby decreasing their rental income.

Land taxes also increased and because some portion of the English gentry's land became idle and unproductive, they were not able to pay the increasing land taxes; forcing them to sell and dispose of their land to meet their tax obligations.

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Stocks X and Y have the following data. The market risk premium is 5.0% and the risk-free rate is 4.6%. Assuming the stock marke

Nat2105 [25]

Answer:

b. Stock X has the higher dividend yield.

Explanation:

We solve for the cost of equity of each stock using CAMP then, with the gordon model we determinate the price ofthe share expressed in Dividends.

Stock X

$Ke= r_f + \beta (r_m-r_f)$

risk free = 0.046

market rate = 0.09

premium market = (market rate - risk free) 0.05

beta(non diversifiable risk) = 1.5

$Ke= 0.046 + 1.5 (0.05)$

Ke 0.12100

Dividend grow model:

D/(r-g) = Value of the share

0.121 - 0.06 = 0.061

D/0.061 = 16.39D

Stock Y

$Ke= r_f + \beta (r_m-r_f)$

risk free = 0.046

market rate = 0.09

premium market = (market rate - risk free) 0.05

beta(non diversifiable risk) = 0.5

$Ke= 0.046 + 0.5 (0.05)$

Ke 0.07100

Dividend grow model:

D/(r-g) = Value of the share

0.071 - 0.06 = 0.011

D / 0.011 = 90.90D

The stock X is value 16.39 times his dividends

while stock Y is valued 90.90 times his dividends

Thus, being Dividend Yield the Dividend per share over the price of the share it will be higher on stock X than stock Y

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2 years ago

During the period of industrialization within the united states, unions composed of white workers would often collectivize and s

Anna35 [415]

Production must go on. If the usual workforce is on strike or refusing to to work employers may look for other options. During this period black workers would also demand lower wages, so the employer would actually save some money on production.

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3 years ago

Estate taxes are taxes on a person's estate when that person dies.

leva [86]

It's true because it can be State or Federal

8 0

2 years ago

Read 2 more answers

The multiple by which the commercial banking system can expand the supply of money is equal to:______.

GaryK [48]

Answer: The Reciprocal of the Reserve Ratio

Explanation:

Answer does not seem to be listed however Banks wield the power to expand money supply by multiplying deposits with the reciprocal of the Reserve Ratio.

After banks have set aside the amount they are told to by the Central Bank, the remaining deposits they have can be loaned out. The amount that these deposits can create in the Economy is equal to those deposits multiplied by 1/Reserve Ratio. This is called the MONEY MULTIPLIER.

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3 years ago

The order of the steps to prepare the worksheet are: A. complete the adjustments, prepare the adjusted trial balance, prepare th

DIA [1.3K]

Answer: D. prepare the trial balance, complete adjustments, prepare the adjusted trial balance, extend the respective totals to the Income Statement and Balance Sheet columns.

Explanation:

You need to first prepare the trial balance and then at the year end there are certain adjustments that needs to be completed and then you prepare the adjusted trial balance after completing the adjustments and then the information that are relevant to income statement and balance sheet should go to their respective columns.

3 0

2 years ago