Dumping is the ILLEGAL selling goods in a foreign market at a price that is far below the cost of production
Answer:
Cash payments + cash receipts = cash requirements
Explanation:
The cash budget is a budget which deals in a inflow and outflow of cash. The inflow of cash refers to the incoming of cash through receipts while the outflow of cash refers to the outgoing of cash through payments
It interprets the liquidity of the business organization whether organization has enough cash or it can be borrowed for running its organization
Therefore, the Cash payments + cash receipts = cash requirements is wrong as other equations that are given are right
D. For savers in low income tax brackets than for savers in high income tax brackets.
Answer:
$0.9
Explanation:
Data provided in the question:
Earnings after taxes = $108,750
Interest expense for the year = $20,000
Preferred dividends paid = $18,750
Common dividends paid = $30,000
Common stock outstanding = 100,000 shares
Now,
Earning available on common stock
= Earnings after taxes - Preferred dividends paid
= $108,750 - $18,750
= $90,000
Therefore,
Earnings per share on the common stock
= Earning available on common stock ÷ Common stock outstanding
= $90,000 ÷ 100,000
= $0.9
Answer:
$66.9725
Explanation:
Data provided in the question:
Dividend:
D1 = $1.20
D2 = $1.40
D3 = $1.55
Expected future price, P3 = $82
Required return = 8.9 percent = 0.089
Now,
Stock price today = Present value of dividends and the future value
Stock price today = ![\frac{1.20}{(1+0.089)}+\frac{1.40}{(1+0.089)^2}+\frac{1.55}{(1+0.089)^3}+\frac{82}{(1+0.089)^3}](https://tex.z-dn.net/?f=%5Cfrac%7B1.20%7D%7B%281%2B0.089%29%7D%2B%5Cfrac%7B1.40%7D%7B%281%2B0.089%29%5E2%7D%2B%5Cfrac%7B1.55%7D%7B%281%2B0.089%29%5E3%7D%2B%5Cfrac%7B82%7D%7B%281%2B0.089%29%5E3%7D)
or
Stock price today = 1.1019 + 1.1805 + 1.2001 + 63.49
or
Stock price today = $66.9725