Answer:
The price of the stock today is $3.49. The right answer is A.
Explanation:
In order to calculate the price of the stock today, we need to calculate first Value after year 5 with the following formula:
Value after year 5=(D5*Growth Rate)/(Required return-Growth Rate)
To find D5 we need to make the following calculations:
IF D1=0.3
, hence D2=(0.3*1.1)=0.33
, D3=(0.33*1.1)=0.363
, D4=(0.363*1.1)=0.3993 and D5=(0.3993*1.1)=0.43923
Therefore, Value after year 5=(0.43923*1.05)/(0.15-0.05)
=$4.611915
Therefore, now we can calculate the the price of the stock today with the following formula:
current price=Future dividends and value*Present value of discounting factor(rate%,time period)
=0.3/1.15+0.33/1.15^2+0.363/1.15^3+0.3993/1.15^4+0.43923/1.15^5+$4.611915/1.15^5
=$3.49
Answer: C.Any percentage less than 50 percent
Explanation:
In relation to the law on meeting the criteria to be treated as an exchange under the "substantially disproportionate" test as stipulated by U.S. Code § 302.Distributions in redemption of stock, Sam must own the lesser of 2 options of Club Corporation stock;
1. Less than 50% of the stock after the redemption
2. Less than 80% of Sam's previous ownership percentage
= 80% * 70%
= 56%
The lesser option is that of owning less than 50% so Sam must own less than 50% of stock after the redemption to meet the requirement to be treated as an exchange under the "substantially disproportionate" test.
Answer:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
Explanation:
Preparation of the December 31 adjusting entry for Bayer.
Based on the information given we were told that they agreed to provide a bonus of the amount of $50,000 to its employees which will be equally shared by all of them in which The bonus will be paid in January which means that the journal entry will be:
Dec. 31
Dr Bonus expense $50,000
Cr Bonus payable $50,000
The economic profit is calculated by,
Economic Profit = Total Revenue (TR) – ( Explicit Cost + Implicit Cost)
Total Revenue
Explicit Cost (Cost of land , Labor , capital) per acre = Machinery Ownership costs + Land Charge + overheads 
Explicit Cost for 500 acres 
Implicit Costs are not given
Economic Profit 
Hence the economic profit is 
.
<h3>
Describe Economic Profit?</h3>
The difference between the revenue generated by the sale of an output and the prices of all inputs used, as well as all opportunity costs, is known as an economic profit. Possibility expenses and explicit costs are subtracted from earned revenues to establish economic profit. Economic profit is necessary because it helps examine an industry's financial and economic progress.
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Answer: structure
Explanation:
The structure of an organization simply has to do with how the activities in the organization are being directed so that the goals of the organization will be achieved.
It shows the flow of information for an organization. Based on the above information, each one of these groupings of similar tasks is a structure.
