Answer:
The multiple choices are:
6,800.
23,000.
10.
90,000.
48,000.
The correct option is the first one,6,800 shares
Explanation:
The treasury stocks are stocks repurchased from investors by the company.The treasury stocks were repurchased through a process known share buyback,in other words,the company buying back its own shares from stockholders.
The formula for number of treasury stock=shares issued- shares outstanding
9,000 shares have been issued thus far
shares outstanding out of the 9,000 shares issued are 2,200
number of treasury stock =9,000-2,200=6,800
Answer: D - The protection afforded by the whole life insurance contract is permanent-the term never expires, and the policy never has to be renewed or converted.
Explanation: Whole life insurance is a contract between the insured and insurer of the life insurance policy in which the insurer will pay the death benefit of the policy to the policy's beneficiaries when the insured dies. It is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date.
A whole life insurance policy is said to "mature" at death or the maturity age of 100, whichever comes first. The maturity date will be the "policy anniversary nearest age 100". The policy becomes a "matured endowment" when the insured person lives past the stated maturity age.
Answer:
D) make mutual investments in specialized assets.
Explanation:
I'm not sure about the exact background of the question, but if you are trying to build a trust relationship with another company, the best way to do it is by investing together.
E.g. if company A is interested in securing an important supplier, instead of trying to acquire it, they might try to invest together in some assets or another business. That way, when it comes to deciding which company should receive discounts or prioritize their requirements, the supplier will always favor their business partners.
Answer:
The price an investor would be expected to pay per share ten years in the future is $17.61
Explanation:
P10 = [D1*(1 + g)^n]/(k – g)
Where:
P10 is the expected share price after ten years
D1 is the expected dividend for year 1 = $ 1.70
g is the dividend growth rate per year but we know that dividend is expected to be constant, g = 0
k is the cost of capital for the company = 8.2%
n is the number of years to calculate share price = 10
P10 = $ 1.55*(1 + 0%)^10/(0.088 – 0)
= $ 1.55/0.088
= $17.61
Therefore, The price an investor would be expected to pay per share ten years in the future is $17.61