Answer:
Value of a share = $15
Explanation:
<em>According to the </em><u><em>dividend valuation model</em></u><em>, the value of a share is the present value of expected dividend discounted at the required rate of return. </em>
This model is expressed in the formula below;
Value of a share = D/Ke
D- dividend payable in year one
Ke- cost of equity
Value of a share = 2.25/0.15
Value of a share = $15
Value of a share = $15
Answer:
1. $28,800
$103,200
2. $28,800
$103,200
3. $86,400
$45,600
Explanation:
1. The dividend paid to preferred stockholders = Shares × Par value × Percentage
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
2. The dividend paid to preferred stockholders = Shares × Par value × Percentage
Note :- Because preferred stocks are non-cumulative in nature, the company is not allowed to pay last two years' dividends and preferred stocks are liable for payment only for the current year.
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
3. The dividend paid to preferred stockholders = Shares × Par value × Percentage × Number of years
Note: Since preferred stocks are cumulative in nature, the company is forced to pay last two years' dividends along with the current year's dividend.
= 3,000 shares × $120 × 8 % × 3 years
= $86,400
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $86,400
= $45,600
Answer:
Integrity
Explanation:
Computer Security
The security of computer systems are very important for any organizations. There is the need to secure the physical location of computer technology from outside threats. That is necessary actions are to be taken to preserve computer systems from losses.
CIA Triad
This is known to be the industry standard for computer security since the development of the mainframe. The standard is based on three characteristics that describe the utility of information: they are :
1. Confidentiality
2. Integrity,
3. Availability.
Integrity
This is simply refered to as a quality or an attribute of information that states or explain how data is whole, complete, and uncorrupted.
Answer: 1). 2 roses and 2 tulips
2). 1 rose and 3 tulips
3). 3 roses and 1 tulip
Explanation: In combining the flowers, the customer considers the amount in hand ensuring he spends at least $100 but not more than $175.
1). He can combine 2 roses and 2 tulips at the cost of ($40x2) + ($35×2) = $80 + $70 = $150
2). He can choose to buy 1 rose and 3 tulips at the cost of $40 + ($35×3) = $40 + $105 = $145
3). A combination of 3 roses and 1 tulip is also possible at a cost of ($40×3) + $35 = $120 + $35 = $155