What does advice of deposit mean on a check?

Alaskan foodstuffs just announced the annual dividend for this coming year will be $0.36 a share and all future dividends are ex

sammy [17]

Price of share is $12.2. Future dividend is therefore expected to grown by 4.5%. To find the rate of return i.e. K, we will do the following steps:

= 0.36(1.045)/12 = 0.03135+4.5 = 4.53135

Therefore, rate of return is 4.53%.

7 0

4 years ago

A customer comes into your shop carrying a gorgeous oval bowl. It’s very large and low, and has a pale gray crackled glaze. He t

Airida [17]

D. terracing because terracing makes the vase pop out and look better so, that is what people like.

5 0

3 years ago

Read 2 more answers

Ajax Corp's sales last year were $400,000, its operating costs were $362,500, and its interest charges were $12,500. What was th

Gala2k [10]

Answer:

times-interest-earned ratio will be 3

So option (a) will be correct answer

Explanation:

We have given total sales = $400000

Operating expenses = $362500

And interest charges = $12500

So earning before interest and taxes = sales - operating cost = $400000 - $362500 = $37500

We have to find the times-interest-earned ratio

So times-interest-earned ratio is given by

times-interest-earned ratio = $\frac{earning\ before\ interest\ and\ taxes}{interest\ expense}=\frac{37500}{12500}=3$

So option (A) will be correct option

7 0

4 years ago

A firm's bonds have a maturity of 14 years with a $1,000 face value, have an 8% semiannual coupon, are callable in 7 years at $1

Dafna1 [17]

Answer:

YTM = 6.51%

YTC = 6.40%

Explanation:

We need to solve using excel goal seek or bond formulas to generate the yield (interest rate) which matches the future couponb and maturity payment with the current selling price of the bond:

Present value of the coupon

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 40.000 (1,000 x 8% / 2 payment per year)

time 28 (14 years x 2 payment per year)

rate 0.032529972 (generate using goal seek tool)

$40 \times \frac{1-(1+0.0325299719911398)^{-28} }{0.0325299719911398} = PV\\$

PV $727.8688

Pv of the maturity (lump sum)

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 28.00

rate 0.032529972

$\frac{1000}{(1 + 0.0325299719911398)^{28} } = PV$

PV 408.06

PV c $727.8688

PV m $408.0612

Total $1,135.9300

As this is a semiannual rate we multiply it by 2

0.032529972 x 2 = 0.065059944 = 6.51%

We repeat the procedure with changing the time and end-value to adjust for the callabe conditions:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 40.000

time 14 (7 years x 2 payment per year)

rate 0.032015131

$40 \times \frac{1-(1+0.0320151313225188)^{-14} }{0.0320151313225188} = PV\\$

PV $445.6984

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,073.00 (call price)

time 14.00

rate 0.032015131

$\frac{1073}{(1 + 0.0320151313225188)^{14} } = PV$

PV 690.23

PV c $445.6984

PV m $690.2316

Total $1,135.9300

Againg his will be a semiannual rate so we multiply by two:

0.032015131 x 2 = 0.064030263 = 6.40%

5 0

3 years ago

CRM allows an organization to accomplish all of the following except:

klemol [59]

Answer: C. Complicate Marketing and Sales processes.

Explanation: Customer Relationship Management (CRM) is aimed at fostering a better and more efficient company to customer/client relationship. Customer Relationship Management provides platforms and services required to make customers feel comfortable and happy, thereby increasing client retention and influx and ultimately driving sales. Customers Relationship Management provides better customer service, efficient call center services by ensuring customers can easily make enquires and get adequate information, Ensure that deals are closed faster by providing adequate support for their staffs.

Complicating marketing and sales processes is against the duties and objectives of customer relationship management.

3 0

4 years ago