Answer:
The share of the stock is worth $66.92 today
Explanation:
PV7 = D8 / r
PV7 = 12 / 0.095
PV7 = $126.3157894737
Hence, PV0 = 126.3157894737*(1 + 0.095)^7
PV0 = 126.3157894737*(1.095)^7
PV0 = 126.3157894737*1.887551
PV0 = $66.9204428895
PV0 = $66.92
Thus, the share of the stock is worth $66.92 today
Answer:
$2,645,700
Explanation:
realized amount = cash received + assumed mortgage - points paid by seller - broker's commission = $1,763,800 + $1,058,280 - $105,828 - $70,552 = $2,645,700
The amount realized includes all the money received and any debts assumed by the buyer, minus any expenses paid by the seller that are related to the transaction.
Answer:
Organizations and managers should pay close attention to fair employment practice so as to reduce the level of incompetent staffs at work.
Explanation:
Answer:
public sale
Explanation:
In business, a public sale happens when a company decides to issue shares and sell them on a stock exchange.
In this case, since Nancy's business is planning to expand its activities it has two options:
- issue new stock, if she is going to do it for the first time it would be an IPO.
- get a loan from a bank, but maybe she wouldn't be able to get a large enough loan.
To safest way to raise capital would be to issue stock.
Answer:
$150,150
Explanation:
Total fair value of all assets:
= Land + Building + Paddleboats
= $67,200 + $158,400 + $254,400
= $480,000
Building accounted for:
= Fair value of building ÷ Total fair value
= $158,400 ÷ $480,000
= 33%
Therefore, the building is 33% of the total fair value of assets.
Cost of acquisition of assets:
= Amount paid + Closing cost to buy out a competitor
= 450,000 + 5,000
= $455,000
Cost to be allocated to the building:
= Cost of acquisition of assets × Percent share in total fair value
= $455,000 × 33%
= $150,150