Answer:
$133.33
Explanation:
Calculation for The intrinsic value of the stock
Intrinsic value of the stock = 6% + [−0.25(14% − 6%)] = .04
Intrinsic value of the stock = 8/[.04 − (−.02)]
Intrinsic value of the stock = 8/.06
Intrinsic value of the stock = $133.33
Therefore the intrinsic value of the stock is $133.33
If Aneko typically purchases radio and television commercial time slots for local customers. These commercials are examples of <u>measured </u>media.
<h3>What is Measured Media?</h3>
Measured media is a media that comprises of the following:
- Newspaper
- Publishing
- Radio broadcast
- Television broadcast
Measured media is important as it enables business owners to know the best media platform to choose when it comes to advertising their product.
Therefore these commercials are examples of <u>measured </u>media.
Leatn more about measured media here:brainly.com/question/24018854
Answer:
Explanation:
The journal entry is shown below:
Bonds payable A/c Dr $60,000
Premium on bonds payable A/c Dr $10,000
To Common stock A/c $45,000
To Paid in capital in excess of par A/c $25,000
(Being the conversion of bonds is recorded)
The computation is shown below:
For bonds payable
= sixty $1,000 convertible bonds
That means
= 60 × $1,000
= $60,000
For Premium on bonds payable:
= $70,000 - $60,000
= $10,000
For Common stock:
= 9,000 shares × $5
= $45,000
And, the remaining balance is credited to paid in capital in excess of par
Answer:
the value of the stock is $21
Explanation:
The computation of the value of the stock is given below:
= Annual dividend per share ÷ required rate of return
= $2.10 ÷ 10%
= $21
Hence, the value of the stock is $21
We simply divided the annual dividend from the required rate of return so that the value of the stock could come
