Answer:
$26.617
Explanation:
Stock price = D1 ÷ (r - g)
where,
D1 = next expected dividend
r = required return = 14 percent
g = growth rate = 2.8 percent
Therefore, the stock price will be as follows:
= [$2.90 × (1 + 2.8%)] ÷ (14% - 2.8%)
= 2.9812 ÷ 11.2%
= $26.617
Therefore, one share of this stock worth $26.617 today if I require a 14 percent rate of return.
Either A or D but most likely D
Answer:
Related to carrying on the activity
Explanation:
The general requirement of the code sections 162 and 212 about the expense allowing as a deduction against income of the business is that the expenses are only allowable if it is related to the same business income. This means that the trading expense would be set off against trading income and rental expense would be set off against rental income. Furthermore, the expenses (losses) would be only deductible for the future years if the business has not abandoned its operations which means the expenses are related to carrying activities.
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The actions would the Fed most likely take to encourage banks to expand lending to home buyers is <span>Lower reserve requirements</span>
Answer:
Accounting equation
Explanation:
The accounting equation is the basis of the double-entry accounting system.
The accounting equation ensures that each entry made on the debit side of the balance sheet should have a corresponding entry on the credit side. This ensures that the balance sheet remains balanced