Walk, trolly (if in a city) Or cab, even a bicycle would do.
Answer:
Dr purchases $ 15,794.56
Cr notes payable $ 15,794.56
Explanation:
The present value of the annual payments of $4,600, starting in three years' time is computed as shown below:
PV of annual payments=$4600/(1+11%)^3+$4600/(1+11%)^4+$4600/(1+11%)^5+$4600/(1+11%)^6+$4600/(1+11%)^7+$4600/(1+11%)^8=$ 15,794.56
The amount of purchases and notes payable is $ 15,794.56
Answer:
$321 per share.
Explanation:
Given that
Annual cash flows = $18,000
Number of shares outstanding = 100
Dividend per share = $180
Required rate of return = 8%
So by considering the above information, the present value of the share of a stock is
Present value of share = Dividend received × Present value of $1 received every year at the end of year 2 at 8%
= $180 × 1.7832
= $321 per share.
Answer:
mazie and yoshiko are the answers.
Explanation:
edgunuity
Rest of the answer? There should be more