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3 years ago

7

Adam borrows? $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual endmi

nus?ofminus?year payment is? ________.

1 answer:

Gre4nikov [31]3 years ago

6 0

I got <span>1,482 dollars.
Hope this helps! :D</span>

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You buy a share of The Ludwig Corporation stock for $21.70. You expect it to pay dividends of $1.00, $1.16, and $1.3456 in Years

Radda [10]

Answer:

21%

Explanation:

Given that,

Cost of share = $21.70

Expect to pay dividend in year 1 = $1.00

Expect to pay dividend in year 2 = $1.16

Expect to pay dividend in year 3 = $1.3456

Expected selling price of share at the end of year 3 = $28.15

Growth rate in Dividends:

= [(Dividend in Year 2 - Dividend in Year 1) ÷ Dividend in Year 1] × 100

= [($1.16 - $1.00) ÷ $1.00] × 100

= 0.16 × 100

= 16%

Expected dividend yield :

= (Dividend in year 1 ÷ Cost of Share ) × 100

= (1.00 ÷ $21.70) × 100

= 0.05 × 100

= 5%

Stock's expected total rate of return:

= Expected Dividend Yield + Growth rate in Dividends

= 5% + 16%

= 21%

8 0

3 years ago

Splish Corporation has retained earnings of $707,000 at January 1, 2020. Net income during 2020 was $1,428,500, and cash dividen

BartSMP [9]

Answer:

Explanation:

Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer fro the year, dividend paid during the year etc.

Splish Corporation

Retained Earning Statement

for the year ended December 31, 2020

$

Retained Earning at January 1, 2020 707,000

Less: Cash Dividend paid during 2020 85,000

Add: Net Income for the year 2020 <u>1,428,500</u>

Retained Earning ath December 31 2020 <u>2,050,500</u>

5 0

2 years ago

Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4

Bogdan [553]

Answer:

B. £0.2055/$

Explanation:

Given that

An Ounce of gold cost = $20.67 in US dollars

An ounce of gold cost = £4.2474 in British pounds.

Therefore,

Exchange rate per 1 dollar

= 4.2474 ÷ 20.67

= 0.20548

= 0.2055.

This means that 1 dollar is equivalent to 0.2055 British dollars at that time using that exchange rate.

£0.2055/$

6 0

2 years ago

Here are the comparative income statements of Ivanhoe Corporation. IVANHOE CORPORATION Comparative Income Statement For the Year

AlekseyPX

Answer:

2022 2021 Change % Change

Net sales 624,100 523,300 100,800 19.23%

Cost of goods sold 462,100 405,800 56,300 13.87%

Gross profit 162,000 117,500 44,500 37.87%

Operating exp. 72,300 44,300 28,000 63.21%

Net Income 89,700 73,200 16,500 22.54%

Since we are using the 2021 income statement as base year, any change will be calculated by dividing the total change by the 2021 amount, and then multiply by 100 to get the %.

7 0

3 years ago

In Opulencia, the marginal propensity to save is only 0.10. In an effort to promote the virtues of saving, the government starts

BartSMP [9]

Answer:

B) The multiplier falls, making spending less powerful.

Explanation:

As we know that the multiplier refers to a factor where the changes with respect to increase or decrease of another things is to be seen.

Also,

MPS + MPC = 1

And,

Multiplier = 1 ÷ (1 - MPC)

or

= 1 ÷ MPS

In addition to this, MPS has the negative relationship with the multiplier

that means if the MPS increased then the multiplier decreased and vice versa

Therefore the option B is correct

4 0

3 years ago