Answer:
$41.14
Explanation:
Dividend per share=$4
Divided=1-retained profits=1-.2=.8
Cost of equity=15%
Growth rate=27%*.2=5.4%
The formula is;
Current Stock price=Dividend/(cost of equity-growth rate)
Current stock price=4(1-.2)/(.15-.27*.2)=$33.33
Share price after 4 year will be=$33.33(1+.27*.2)^4=$41.14
Credit cards and Payday loans
A professional email based on the given scenario would sound like the following:
<em>To: Assistant</em>
<em>From: Manager</em>
<em>Subject: Flight and Hotel Booking for Chicago</em>
<em>Date: January 28, 2022</em>
<em />
<em>Hi,</em>
<em />
<em>Please book my flight and hotel reservations for the upcoming conference in Chicago from February 7, 8:00 am to February 11, 2022 (5:00 pm).</em>
<em />
<em>Do not forget the company's favorite airline and hotel for the bookings.</em>
<em />
<em>Regards,</em>
<em />
<em>Tony</em>
Thus, while the email sounds professional, it may be more conversational than formal since it is a workplace request.
Learn more about writing workplace emails to subordinates at brainly.com/question/14236855
Answer Balance sheet December31
$
Common stock. 100,000
Paid in capital. 3,600,000
Retained earnings. 1,610,000
Total. 5,310,000
Explanation:
The equity section of the balance sheet contains the equity issued and other capital provided by the owner for running the company.
The retained earnings represents balance from the previous years income accounts balance.
The current year income account balance at the year end is added to the accumulated retained earnings balance at the beginning of the year.
This is why $510,000 was added to $1,100,000.
