Answer:
E. $41.69
Explanation:
We know,
Value of stock (
) = 
[In case of constant growth model]
= Next year or expected dividend
= required rate of return
g = growth rate = 5.50%
However, as there is no information regarding expected dividend, we will use the alternative formula to calculate the stock's expected price 3 years from today.
= × 
Here, current stock price, = $35.50
Therefore, = $35.50 × 
= $35.50 × 1.1742
Stock's expected price 3 years from now = $41.69 (rounded to two decimal places)
Therefore, option E is the answer.
Answer:
1805
Explanation:
Number of units sold in September = 160 units
Using the first - In, First out inventory method : assumes that the oldest (first) inventory items have been sold first.
Inventory items will first be sold from April, the May and so on :
Unit price in April = $11 ; Number of items = 115
($11 * 115) = $1265
(160 - 115) = 45 units
This 45 units will be sold at unit price for May :
(45 * $12) = $540
Cost of goods sold in September :
$1265 + $540 = $1805
Answer:
Locate the company's total assets on the balance sheet for the period. Total all liabilities, which should be a separate listing on the balance sheet. Locate total shareholder's equity and add the number to total liabilities. Total assets will equal the sum of liabilities and total equity.
<span>These are group of individual who may not work in the organization but are very much influenced by the activities of organization. There are the people outside of the company who can have a major impact on it. Examples of stakeholders are government agencies, administrator, customers, suppliers and competitors too.</span>
