Answer:
An investor will be willing to pay $40.29 for this stock.
Explanation:
A constant growth dividend discount model will be used in this case because Hudson Corporation is expected to grow at a constant rate. The formula to be used is:
Price = Expected Dividend (Dividend of Year 1) / Required Return - Growth Rate
OR
Price = 2.82 / (.1 - .03) = 2.82 / .07 = $40.29.
Thanks!
When you are creating a references list, you want to make sure that the people you list can speak to your abilities, that they will speak favorably of you and your work, and that they are willing to serve as a reference.
Answer:
Entries during the first month would include the following:
Account Title Debit Credit
Interest Expenses $40,260
(1342000*3%)
Kwik $40,260
Cash $459,000
Discount $1,550
Account Receivable $460,550
Sales Return $5,300
Account Receivable $5,300
Allowances for Doubtful Debt $$11,880
Account Receivable $$11,880
The correct answer is It takes in tax revenue and buys bonds.
Taxes are the main way that the federal budget is funded, which is why taxes have to be paid. They come from companies, people, organizations, and basically everyone.
Answer:
2.20
Explanation:
The formula to compute the total assets turnover ratio is shown below:
Total asset turnover = (Sales revenue ÷ Total assets)
= ($670 ÷ $305)
= 2.20
We simply divide the sales revenue by the total assets, so that the total asset turnover ratio can be computed
All other information which is given is not relevant. Hence, ignored it
