Answer:
Since there is not enough room here, I prepared an excel spreadsheet
Explanation:
I believe the answer is: she would have to accumulate the amount of hours she works and costs for things she need to do her job.
Both of these could be use to determine the tax bracket where Sara belonged and could be considered as tax deduction that could be made to reclaim some part of Sara's tax payment. This would give Sara the most amount of income that she could use for future consumption.
Answer:
Explanation:
Find the workings in the attached
Answer:
14.87%
Explanation:
The computation of the cost fo external equity is shown below:
Cost of external equity = {D1 ÷ P0 × (1 - f)} + g
where,
D0 represents the current dividend = $3.60
D1 represents Dividend for next year which is
= D0 × (1 + g)
= $3.60 × (1 + 0.06)
= $3.816
P0 represents the current price of the stock = $46
f represents flotation cost = $3
flotation cost =$3 per share
f = % of flotation cost which is
= ($3 ÷ $46 ) × 100
= 6.5217391%
g represents the growth rate = 6%
Now placing these values to the above formula
So,
Cost of external equity is
= {$3.816 ÷ $46 × (1 - 0.065)} + 0.06
= ($3.816 ÷ $43 ) + 0.06
= 0.148744 × 100
= 14.87%
