Answer:
The answer is $43,010
Explanation:
This is the changes in the equity statement of account.
Owner's equity at the beginning of the year--------------------------------- $49,265
Net income for the year---- $5,625
Dividend paid---------------------($3,965)
Equity repurchased-------------($7,915)
Owners' equity account at the end of the year----------------------------- $43,010
Answer:
The approximate annual expected appreciation rate on home equity (annual EAHE) is 14.87%
Explanation:
loan amount = purchase price*LTV
= $200,000*0.80
= $160,000
for n being the number of years:
annual EAHE = (loan/equity)^1/n
= ($160,000/$80,000)^1/5
= 14.87%
Therefore, The approximate annual expected appreciation rate on home equity (annual EAHE) is 14.87%
Answer:
e.$23.60
Explanation:
Po = do (1 + g ) / ke - g
Here , ke = 16% , Do = current dividend paid = 2.8 , growth = 2.5%
Po = 2.8 ( 1+ .025)6/( 16 % - 2.5%)
=3.247/ 13.5% = 24.051
Therefore ,e. $23.60 is a correct whose since the 24.051 is closer to e.$23.60