Answer,: SOLUTION: a. PV2016= DIV2017/ (1 + r) + DIV2018/ (1 + r)2+ DIV 2019 / (1 + r ) 3 + DIV 2020 / (1 + r ) 4 + DIV 2021 / (1 + r ) 5 + (DIV 2021 / r) / (1 + r ) 5 PV 2016 = $0 / 1.09 + $1 / 1.09 2 + $2 / 1.09 3 + $2.3 / 1.09 4 + $2.6 / 1.09 5 + ($2.6 / .09) / 1.09 5 PV 2016 = $24.48 million b. Price per share 2016 = PV 2016 / number of shares Price per share 2016 = $24.48 / 12 Price per share 2016 = $2.04 c. Based on $1million of net income for 2016: P/E 2016 = $24.48 / $1 = 24.48 The PV of the cash flows at various points in time are as follows: PV 2017 = $1 / 1.09 + $2 / 1.09 2 + $2.3 / 1.09 3 + $2.6 / 1.09 4 + ($2.6 / .09) / 1.09 4 PV 2017 = $26.68 PV 2018 = $2 / 1.09 + $2.3 / 1.09 2 + $2.6 / 1.09 3 + ($2.6 / .09) / 1.09 3 PV 2018 = $28.09 PV 2019 = $2.3 / 1.09 + $2.6 / 1.09 2 + ($2.6 / .09) / 1.09 2 PV 2019 = $28.61 PV 2020 = $2.6 / 1.09 + ($2.6 / .09) / 1.09 2 PV 2020 = $28.89 PV 2021 = $2.6 + ($2.6 / .09) / 1.09 PV 2021 = $28.89
Explanation:
A record of income and expenditures for a given period of time is called a BUDGET.
It is important to note that politics and the economy have effects on the transportation industry, as the industry is ever changing with new policies, regulations, or capacity issues.
Politicians and the policies they create dictate the US economy, effecting all industries. It is seen that the transportation industry saw effects because of the trade and tariff wars. The overall regulations depend largely on the economic and political outlook of the party in power.
For instance, a government that is inclined to pursue neo-liberal policies, could pass more legislations favoring industries and big businesses, while a government inspired by socialism could push policies favoring small businesses.
Hence, the answer was given and explained above.
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Given; Equipment and building = $800,000Fair value of the land = $100,000Fair value of the building = $700,000Fair value of the equipment = $200,000
Solution;
$800,000 x [$100,000/($100,000 + $700,000 + $200,000)] = $80,000.
The company would record the land of $80,000
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
