Answer:
I would buy the APPLE stock
Explanation:
Microsoft stock price = $173
dividends earned = $4, $5 and $5.5
value after 3 years = $190
Apple stock price = $285
Dividends earned = $5.5, $8.5 and $10.5
value after 3 years = $330
Applying the dividend discount model
IVO = present value of dividend + present value of terminal price
for Microsoft
IVO = ( 4/1.1 + (5/(1.1/2)) + ( 5.5/(1.1/3)) + ( 190/(1.1/3))
= $154.65
for Apple
IVO = ( 5.5/1.1 + ( 8.5/( 1.1/2)) + (10.5/(1.1/3)) + ( 330/(1.1/3))
= $267.8
Note: the IVO's are less than the current price of the stocks ( IVO = the intrinsic value of the shares ) but Microsoft shares are overpriced compared to apple
Over applied over head is excess amount of over head applied during a production period over the actual over head incurred during the period. In other words, its the amount that estimated over head exceeds the actual over head incurred for a production period
Option D
Community property marital property rights gives a spouse a one-half claim on all property acquired "from the fruits of the marriage"
Explanation:
Community property is a kind of shared possession of assets among married twosomes. Property obtained by either spouse while marriage is deemed community property, referring to both companions of the marriage.
The laws in community property states differ in their more precise details, but community property indicates that all assets acquired or obtained by a couple when their marriage is maintained fairly by both of them. When a couple separates in a community property state, each spouse is frequently empowered to a half part of their community property.
Answer: It will take Nico approximately 12 years
Explanation:
Payments = $40000
r = 12%
Future Value = 1000 000
Future Value annuity = Payments((1 + r)^n - 1)/r
1000000 = 40000((1 + 0.12)^n - 1)/0.12
40000((1.12)^n - 1) = 1000000 x 0.12
(1.12)^n -1 = 120000/40000
(1.12)^n = 3 + 1
nlog(1.12) = log(4)
n = log(1.12)/log(4) = 12.232510748
n ≈ 12 years
It will take Nico approximately 12 years