Answer:
$41.66
Explanation:
Let us assume the dividend in year n be denoted by Dn and the Stock price by Pn
Given that,
D0 = $1.50
Now
Growth rate for next 3 years
g1 = 15%
D1 = D0 × (1 + g1)
= 1.50 × (1 + 0.15)
= 1.725
D2 = D1 × (1 + g1)
= 1.725 × (1 + 0.15)
= 1.984
D3 = D2 × (1 + g1)
= 1.984 × (1 + 0.15)
= 2.282
Subsequent Growth rate = g2 = 4%
Now
D4 = D3 × (1 + g2)
= 2.282 × (1 + 0.04)
= 2.373
So, According to Gordon's Growth Rate,
P3 = D4 ÷(r - g2)
P3 = 2.373 ÷ (0.09 - 0.04)
= $47.46
Now
Value of Stock now is
= P0
= D1 ÷ (1 + r) + D2 ÷ (1 + r)^2 + D3 ÷ (1 + r)^3 + P3 ÷ (1 + r )^3
= 1.725 ÷ (1 + 0.09) + 1.984 ÷ (1 + 0.09)^2 + 2.282 ÷ (1 + 0.09)^3 + 47.46 ÷ (1 + 0.09)^3
= $41.66
Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value
Explanation:
Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.
With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.
Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".
Answer:
The answer is: The original group of lottery winners was made up of 5 people.
Explanation:
The total prize amount was $35,000,000 with each original winning ticket holder earning $7,000,000.
$35,000,000 / 5 = $7,000,000 for each winner
When 2 more winning ticket holders show up, the total prize has to be redivided to include them.
$35,000,000 / 7 = $5,000,000 for each winner
Can you help me ?
Which value plotted on the number line rounds up when rounded to the nearest tenth?
Answer:
It will take 8 years and 113 days.
Explanation:
Giving the following information:
How many years will it take for an initial investment of $50,000 to grow to $75,000.
We need to use a variation of the future value formula:
FV= PV*(1+i)^n
Isolation n:
n=[ln(FV/PV)]/ln(1+r)
n= [ln(75000/50,000)] / ln(1.05)= 8.31
To be more accurate:
0.31*365= 113
It will take 8 years and 113 days.
