The stock price is mathematically given as
P=$57.64
<h3>What is the
stock price?</h3>
Generally, the equation for is Value after year mathematically given as
V= $1454.25
Hence, the current value is mathematically given as
I=Discounting factor equal to the future cash flows multiplied by their present value
I=$1063.508769
current value for ordinary stock
I'=$1037.508769million
In conclusion, the stock price is
P=(1037.508769/18)
P=$57.64
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Amor, a successful brand of women's clothing, recently introduced a line of fitness equipment. This is an example of diversification. Diversification describes the processes of having diverse product offerings. When you diversify, you are differentiating your products to meet more needs for consumers. Since the brand of clothing recently introducted a line of fitness equipment, they are diverisfying themselves by branching out into other markets.
Answer:
Loan balance is $170,000
Interest Due is $425
Explanation:
Loan outstanding is the amount of liability which payable by the business at any date. Interest is charged on the loan, yearly, semiannually, quarterly and monthly.
On Closing Day only 15 of interest has been accrued.
Interest Expense = Loan outstanding x Interest rate x Time portion = $170,000 x 6% x 15/360 = $425
So, Loan balance is $170,000
Interest Due is $425
