Answer:
47.37%
Explanation:
The capital budget is $625,000 out of which 40% is equity and the rest 60% is debt. The company forecasts the net income for the year to be $475,000. Grandin Inc. follows residual dividend policy and pays out all the residual income to its shareholders as dividend.
The portion of equity in the capital budget is $625,000 * 40% = $250,000
The net income potion which will be attributable to equity shareholders is
$250,000 / $475,000 = 47.37%
Answer:
Explanation:
From the question, we have the followed parameters;
The Face value=1,000 United States of America Dollar($); yield to maturity= fifteen(15) years; The bond = 7.125 percent (annual) coupon rate; payment for last year = $974.24.
First thing to do is to calculate the market value after one percent extra= 1%+7.125%= 8.125%
Next, we need to calculate the present value of 14 year coupon of 71.25 USD = 573.00+ 1,000/1+ 0.8125^14
=>573.00+322.15
= 895.15
Therefore, the price of the bond today is $ 895.15.
Answer:
D) Marketing, Production/Operations, and Finance/Accounting
Answer:
swimming pool is public good. basketball court public good. museums with admission fee are club good, metered parking public good. flood control public good
Explanation:
Answer:
Explanation:
To calculate the loss in 2015:
$400,000*20% = $80,000
To calculate passive income in 2016:
200,000*20% = $40,000
At risk amount is $120,000 - $80,000(loss) + $40,000(income) = $80,000
In 2016 $40,000 of $80,000 suspended loss may be deducted against the passive income: $80,000 - $40,000 [suspended loss]
