Answer:
the current share price is $73.31
Explanation:
The computation of the current share price is shown below:
P0 = [{D0 × (1 + g)} ÷ (1 + r1)] + [{D0 × (1 + g)^2} ÷ (1 + r1)^2] + [{D0 × (1 + g)^3} ÷ (1 + r1)^3] + [{D0 × (1 + g)^4} ÷ {(1 + r1)^3(1 + r2)}] + [{D0 × (1 + g)^5} ÷ {(1 + r1)^3(1 + r2)^2] + [{D0 × (1 + g)^6} ÷ {(1 + r1)^3(1 + r2)^3] + [{D0 × (1 + g)^7} ÷ {(rC - g)(1 + r1)^3(1 + r2)^3]
= [($4 × 1.06) ÷ 1.15] + [($4 × 1.062) ÷ 1.152] + [($4 × 1.063) ÷ 1.153] + [($4 × 1.064) ÷ (1.153 × 1.13)]
+ [($4 × 1.065) ÷ (1.153 × 1.132)] + [($4 × 1.066) ÷ (1.153 × 1.133)] + [($4 × 1.067) ÷ {(0.11 - 0.06)(1.153 × 1.133)}]
= $3.69 + $3.40 + $3.13 + $2.94 + $2.76 + $2.59 + $54.82
= $73.31
hence, the current share price is $73.31
An agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
<h3>What are agent and broker?</h3>
Agents and brokers are described as the traders that conduct the trade of goods, or can associate with buying and selling processes. It is important to mention that agents and brokers form an important link in influencing a supplier, trading of products, and movement of goods.
The agents and the brokers do not possess the goods but act as an important intermediary who makes it easy to buy and sell. In other words, the agents and the brokers bring the sellers and the buyers together so that an effective negotiation process can be conducted.
It can be concluded that an agent and broker is one type of marketing intermediary that brings together buyers and sellers and assists in negotiating an exchange but does not take title to the goods.
To know more about, agents and brokers, check this link:
brainly.com/question/28264386
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Answer:
nope im not going to the link sir im not fkn stu.pid
Explanation:
<span>The answer is c, systematic. It is
doing something in a series of procedures or involving a system, method, or
plan. In collecting money in toll booths is a systematic way, there is no other
way in collecting money from there. When a vehicle stop at a toll booth, the
person manning the booth, immediately gets the money because that’s how it works,
systematized.</span>
Answer:
$1,085,000
Explanation:
The computation of the ending account receivable balance is shown below:
= Accounts receivable balance, 1/1/2016 + credit sales - sales returns - written off amount - Collections from customers
= $650,000 + $2,700,000 - $75,000 - $40,000 - $2,150,000
= $1,085,000
Since we have to find out the account receivable balance before allowances so we do not considered it.
