Answer:
13.48%
Explanation:
Calculation for the required return for the company's stock using this formula
Required return = (D1/P0) +g
Let plug in the formula
Required return = [$1.12(1 + 0.115) / $62.91] + 0.115
Required return= [$1.12(1.115) / $62.91] + 0.115
Required return =(1.2488/$62.91)+0.115
Required return=0.019850580194+0.115
Required return = 0.1348 *100
Required return =13.48%
Therefore the required return for the company's stock will be 13.48
Answer:
$108,500
Explanation:
The preparation of the operating activities section is presented below
Cash flow from operating activities
Net income $62,000
Add: depreciation expense $77,000
Add: Increase in account payable $10,000
Add: Increase in income tax payable $16,500
Less: Increase in prepaid rent -$57,000
Cash flow from operating activities $108,500
The negative amount shows cash outflow and the positive amount shows the cash inflow
Answer:
15 and I lost it but not by choice
Answer:
Cullumber Company
Balance Sheet
As at 2022
Explanation: Amount in $
Current Assets
Accounts Receivable 12,500
Cash 13,000
Prepaid Insurance 6,600
Supplies 4,600
Total Current Assets 36,700
Non-Current Assets
Equipment (225,000-36,900) 188,100
Total Assets <u> </u><u>224,800</u>
Liabilities & Shareholders' Equity
Current Liabilities
Accounts Payable 10,600
Notes Payable 65,000
Salaries Payable 3,900
Total Current Liabilities 79,500
Equity
Common Stocks 97,000
Retained Earnings (25,900+133,000-21,400-13,600-2,600-16,800-33,500-6,700) 64,300
Dividends (16,000)
Total Equity 145,300
Total Liabilities & shareholders' equity <u>224,800</u>
Answer:
In simple words, the transaction given in the question will result different for state bank and commercial banks. Assuming the securities will be purchased from the commercial banks, the balance sheet of commercial banks will decrease assets and will increase their cash balance, thus, resulting in overall no change balance on assets side.
On the other hand, the state bank will add securities on the asset side of the balance sheet and will decrease cash balance.
