Answer:
The annual dividend expected to be paid by the stock nine years from today (D9) is $11.27 per share.
Explanation:
Note: See the attached excel file for the calculations of annual dividends expected to be paid the stock for Years 1 to 9.
In the attached excel file, the following formula is used:
Current year dividend = Previous year dividend * (100% + Growth rate)
From the attached excel file, the annual dividend expected to be paid by the stock nine years from today (D9) is $11.27 per share (Note: see the bold red color under the Year's 9 Current Year Dividend).
Answer:
mutualism
Explanation:
because both animals in the relationship benefit
Answer:
D. $155,600
Explanation:
The calculations of the budgeted cash collections are shown below:
= June sales × sale month collection percentage + May sales × following month collection percentage + April sales × second following month collection percentage
= $150,000 × 40% + $160,000 × 56% + $150,000 × 4%
= $60,000 + $89,600 + $6,000
= $155,600
Simply we multiplied the sales with the collection criteria