Answer:
$68.23
Explanation:
In this question, we apply the dividend growth rate model which is shown below:
The computation of the current share price is shown below:
= (Current year dividend) ÷ (Rate of return on company stock - growth rate)
= ($4.23) ÷ (10.6% - 4.4%)
= ($4.23) ÷ (6.2%)
= $68.23
We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate
Answer:
The Diary Survey.
Explanation:
"The other national data sources and its publishing period are highlighted in the next cite:
"The Consumer Expenditure Survey (CE) is a nationwide household survey conducted by the U.S. Bureau of Labor Statistics (BLS) to find out how Americans spend their money. It is the only federal government survey that provides information on the complete range of consumers’ expenditures as well as their incomes and demographic characteristics. BLS publishes 12-month estimates of consumer expenditures twice a year with the estimates summarized by various income levels and household characteristics. BLS also produces annual public-use microdata files to help researchers analyze the data in more detail.
The CE consists of estimates derived from two separate surveys, the Interview Survey and the Diary Survey. The Quarterly Interview Survey is designed to collect data on large and recurring expenditures that consumers can be expected to recall for a period of 3 months or longer, such as rent and utilities, and the Diary Survey is designed to collect data on small, frequently purchased items, including most food and clothing. Together, the data from the two surveys cover the complete range of consumers’ expenditures. CE data are collected for BLS by the U.S. Census Bureau."
Reference: U.S. Bureau of Labor Statistics. “Consumer Expenditures and Income: Overview.” U.S. Bureau of Labor Statistics, U.S. Bureau of Labor Statistics, 2019
Answer:
d. $1,400.
Explanation:
The computation of the gain on sale of debt investment is shown below:
Gain on sale of debt investment = Sale price - purchase price
where,
Sale price = $32,000 - $300 = $31,700
And, the purchase price is
= (60,000 + $600) × 30 days ÷ 360 days
= $30,300
Now the gain on sale of debt investment is
= $31,700 - $30,300
= $1,400
Society gains advantages through trade because of its ability to refine tasks that are connected with production and specialize resources to the uses where opportunity cost is minimized.
<h3>What is trade?</h3>
Trade can be defined as the exchange of goods and service or the act of buying and selling.
Hence, Society tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as specialize resources to the uses where opportunity cost are reduced or minimized.
Learn more about trade here:brainly.com/question/17727564
#SPJ1
Answer:
3.033
Explanation:
Outstanding shares 350,000
Shares of common stock issued 450,000
Net income $1,160,000
Hence;
$350,000 X 8/12 = $233,333
$450,000 X 4/12 = $150,000
$233,333+150,000=$383,333
$1,160,000/ $383,333 = 3.033
Twin Rivers' 2017 earnings per common share, rounded to the nearest penny is 3.033
