Answer:
$9.7408
Explanation:
For computing the current stock price, first we have to determine the cost of equity which is shown below:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Cost of equity = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
= 4.5% + 1.70 × (10.50% - 4.5%)
= 4.5% + 1.70 × 6%
= 4.5% + 10.2%
= 14.7%
Now the current stock price would be
Cost of equity = Next year dividend ÷ current stock price + growth rate
14.7% = $0.79875 ÷ current stock price + 6.5%
14.7% - 6.5% = $0.79875 ÷ current stock price
8.2% = $0.79875 ÷ current stock price
So, the current stock price would be
= $9.7408
Answer:
C) Independence
Explanation:
A) Limited potential is not at all related to the excerpt
B) In no form does the passage mention any interaction with customers
The same goes with the answer D)
E) The passage states multiple lines with allusions to how they change what they want, not receive change itself from an outside force. "Operating their own" "Masters if their own destinies" "Take a vacation"
Answer:
Ending inventory $210
Explanation:
Perpetual inventory system:
<u>Cost of Goods Sold and ending inventory are calcualte after every sale.</u>
Inventory available at the moment of sale:
Beginning inventory of 15 units at a cost of $12 = $180
June 5, Jacobs purchased 10 units at $13 per unit = $130
On June 12, it purchased 20 units at $14 per unit = $280
<em>units for sale: 45 cost of goods available for sale 590</em>
we sold 30 units. Units at ending Inventory: 45 - 30 = 15
<u>We are asked for FIFO method:</u>
first units are sold and <u>newest are inventory</u> so, ending invenotry will be compose of units fro mthe nearest purchase which is June 12th
15 units x $14 each = $ 210
The reliability rating of the cloud service is about <span>93.37%.</span>
Answer:
The correct answers are:
1. Nonexcludable, nonrivalrous
2. excludable, nonrivalrous
3. excludable, rivalrous
4. excludable, rivalrous
5. excludable, rivalrous
6. excludable, rivalrous
Explanation:
A good is excludable when ordinary people haven't paid for it can be prevented from using that good. It becomes a rival if the consumption of a person in that good diminishes another one's consumption of it. Rivalry and excludability are related. A very simple example of it is when an apple cannot be shared with an unlimited number of people.