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.
Answer:
17.19 years
Explanation:
The triple value of the earnings per share=$3.50*3=$10.50
The growth rate is 6.6%
Using the nper formula in excel, we can determine the number of years earnings per share would triple
=nper(rate,pmt,-pv,fv)
rate is 6.6%
pmt is not applicable to the scenario ,hence it is zero
pv is the current earnings per share
fv is the future earnings per share
=nper(6.6%,0,-3.5,10.5)= 17.19
Answer:
$16.4
Explanation:
Given: Preferred stock= 1400 shares of $100
Total share outstanding= 29000
Total shareholder´s equity= $615600.
Now, calculating the book value per shares.
Formula; Book value per shares= 
Preferred stock= 
∴ Preferred stock= $140000.
Book value per shares= 
∴ Book value per share= $16.4
Answer: There are two categories in the BOP: the current account (CA) and the capital and financial account (CFA). If a transaction creates a liability, like selling a bond to another country, that gets counted in the capital and financial account. But if a transaction doesn’t create a liability (like the fancy red cars), the transaction gets counted in the current account.
Anything that occurs in one account is offset by the opposite happening in the other account. For example, if the current account increases by \$100$100dollar sign, 100, the capital and financial account must decrease by \$100$100dollar sign, 100. The fact that an entry in the current account is offset by an entry in the capital and financial account creates the mathematical identity:
Explanation:
