Answer:
The correct answer is A: Trade and settlement resulting from maize cultivation
Explanation:
Before Europeans arrived in Mexico, there were several well-settled tribes and small kingdoms in the region which were in constant conflict since generations.
Trade and Settlement due to maize cultivation had taken place thousands of years ago and by the time Europeans reached this part of the world, they found a thriving civilization which was not nomadic.
As a major crop, maize was able to provide sufficient nutrition and helped in the development of a major population centers including Mexico City.
Answer:
$60
Explanation:
r = return = Risk-free rate + [beta * (Portfolio expected return - Risk-free rate)] 0.04 + [0.60 * (0.19 − 0.04)] = 0.13
Intrinsic value = Next dividend / (r - Growth rate) = 3 / (0.13 - 0.08) = $60
Therefore, the intrinsic value of the stock of Todd Mountain Development Corporation is $60.
Answer:
Dividend yield = 9.67%
Explanation:
Dividend growth rate = Average rate of increase in dividend = 3,8%
Next annual dividend = Annual dividend just paid * (100% + Dividend growth rate) = $2.62 * (100% + 3.8%) = $2.71956
Dividend yield = Next annual dividend / Current share selling price = $2.71956 / $28.12 = 0.0967, or 9.67%
Answer:
a.
The current ratio is 2.7
b.
The acid-test ratio is 1.7
Explanation:
a)
The current ratio is a ratio to measure the liquidity of a firm. The current ratio calculates the amount of current assets per every $1 of current liability.
Current ratio = Current assets / Current Liabilities
Current ratio = (15000 + 5000 + 8000 + 20000 + 6000) / 20000
Current ratio = 2.7 or 2.7 : 1
b)
The acid test ratio is also a measure of liquidity that only takes into account the most liquid asset in calculation of the ratio and it excludes the inventory in the calculation.
Acid test ratio = (Current assets - Inventory) / Current liabilities
Acid test ratio = (15000 + 5000 + 8000 + 6000) / 20000
Acid test ratio = 1.7 or 1.7 : 1
