Answer:
$18.35
Explanation:
P0 = D1/(1+r)^1 + D2/(1+r)^2 + D3/(1+r)^3 + P3/(1+r)^3
D1 = $2.40 * 0.90 = $2.16
D2 = $2.16 * 0.90 = $1.944
D3 = $1.944 * 0.90 = $1.7496
P3 = D3*(1+g)/(r-g) = $1.7496*(1+0.05)/(0.14-0.05) = $20.412
P0 = D1/(1+r)^1 + D2/(1+r)^2 + D3/(1+r)^3 + P3/(1+r)^3
P0 = [$2.16/(1+0.14) + $1.944(1+0.14)^2 + $1.7496/(1+0.14)^3 + $20.412/(1+0.14)^3]
P0 = $18.35
Therefore, the worth of the stock today is $18.35.
I would say a just to make sure he is making a right chocie
Answer:
Rent assigned to preparation and setup cost pool is $714.84
Explanation:
Preparation and setup takes 1,500 square feet out of the total 6,400 square feet available,hence the factory rent assigned to preparation and setup from the total rent of $3,050 i calculated thus:
Preparation and setup assigned rent=total rent/total square feet*preparation and setup square feet
=$3050/6400*1500
=$714.84
That represents the rent amount attributable to preparation and setup cost pool on monthly basis
Answer:
a. a 45-year-old white male.
Explanation:
Middle aged white males have the lowest unemployment rate in the United States. Employment ratios for white and asian men are approximately the same, 72.8%, which is higher than any other demographic group. Besides the normal prejudices that exist in society, these two groups also have the highest average education level (i.e. more college years)
Answer:
$346,524
Explanation:
Marigold Corp correct statement of Comprehensive Income
Income before income taxes 432,000
Income taxes expenses 142,560
(432,000*33%)
Net Income or loss 289,440
(432,000-142,560)
Other comprehensive income:
Unrealized gain on available-for-sale securities before tax
(85,200-(85,200*33%)
=85,200-28,116
=57,084
Hence:
Comprehensive income:
289,440+57,084
=$346,524