When the required rate of return for such stocks is 20 percent, the current price of the stock is 15.63.
<h3>What is stock?</h3>
Stock in finance refers to all of the shares that make up a corporation's or company's ownership. A single share of stock represents fractional ownership of the corporation based on the total number of shares. A stock is a broad term that refers to any company's ownership certificates.
The price will be calculated thus:
D1 = 1.25
D2 = 1.25 × (11+.40)
D3 = 1.25 × (1+.40) × (1+.20)
D4 = 1.25 × (1+.40) × (1+.20)^2
P4 = 1.25 × (1+.40) × (1+.20)^2 × (1+.08)/(.20 - .08)
Note that d is the dividend.
Current Stock Price = 1.25/(1+.20)^1 + 1.25*(1+.40)/(1+.20)^2 + 1.25*(1+.40)*(1+.20)/(1+.20)^3 + 1.25*(1+.40)*(1+.20)^2/(1+.20)^4 + 1.25*(1+.40)*(1+.20)^2*(1+.08)/(.20 - .08)*(1+.20)^4 = 15.625 or 15.63
Therefore, the current price is 15.63.
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Answer: $47,000 to $117,000 per year
Explanation: An ocean engineer at a fresher level can earn $47k and with the experience of 10 years in the filed, the salary of an individual can lead up to $117k in a year.
The profession of ocean is considered to be one of the highest paid branch of engineering, with most recruiters belonging to extraction industry. The median salary of an ocean engineer, as per the latest data is $70,285.
Answer:
$29,280
Explanation:
It is important to consider only cash transactions when preparing a Cash Reconciliation.
<u>Schultz Tax Services Cash Reconciliation</u>
Cash, June 1 $25,000
<u>Plus: cash receipts for June</u>
Receipts for Accounting Services $3,000
Receipts from Accounts Receivables $3,800 $6,800
<u>Minus: cash payments for June</u>
Advertising expense paid $800
Dividends paid $1,500
Telephone expense paid $220 ($2,520)
Cash, June 30 $29,280
Conclusion :
The balance of Cash at June 30 is $29,280
1) Skills is the ability to listen.
2) Understand the mission and goals of their company and what their responsibilities are.
Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.
