Answer:
c) $5.68
Explanation:
The worth of this stock today is the present value of the future dividends which is computed by discounting future dividends as well as the terminal value using the required rate of return of 14.5% as the appropriate discount rate as shown thus:
Year 1 dividend=$.65
Year 2 dividend=$0.70
Year 3 dividend=$0.75
terminal value of dividends=Year 3 dividend*(1+g)/Ke-g
g=dividend terminal growth rate=2%
Ke=required rate of return=14.5%
terminal value of dividends=$0.75*(1+2%)/(14.5%-2%)=$ 6.12
Share price=$.65/(1+14.5%)^1+$.70/(1+14.5%)^2+$.75/(1+14.5%)^3+$6.12/(1+14.5%)^3
share price=$5.68
Answer:
B. Chat
Explanation:
A. Antivirus is a program that runs on your computer and prevents it from being infected by stuff encountered on the Internet.
B. Chat is a messaging service that uses the Internet to work. It's not a classical Internet service like the Web or email, but that's the closest thing in your answer choices.
C. A Firewall is another form of protection from the Internet, it blocks certain communications, but a firewall is not a service and it's not Internet-based.
D. Router is a machine that directs traffic between computers, not a service.
Answer:
required purchase 83,500
Explanation:
The cost of inventory in july sales and our desired ending invenory is the amount we need. the beginning inventory is a portion of this demand already fullfil, we need to purchase for the difference.
cost of inventory sales for July:
70,000 x (1 - 45%) = 38,500
desired ending inventory 105,000
beginning inventory <u> (60,000) </u>
required purchase 83,500
Answer:
$174,500.
Explanation:
Budgeted sale in June would made up of the collections:
Month of sale collection
45% × June = 45% × 170,000 = 76500
Month following sale
50% × May sales = 50% × 180,000 = 90000
Second month following sales
= 5% × April sales = 5% × 160,000 = 8000
Budgeted cash collection for June
= 76,500 +90,000 +8,000
= $174,500.
The answer is selling Treasury bills, which decreases bank
reserves. The government securities that are used in open
market processes are Treasury bills, notes or bonds. If the FOMC needs
to grow the money supply in the economy it will acquire securities. On the
other hand, if the FOMC wants to decrease the money supply, it
will vend its securities.
