Answer:
£.0.6875 per USD
Explanation:
PPP stands for purchasing power parities. It is actually the rate of currency conversion.
As per the given information, the price level recently increased by 20% in England while falling by 5% in the United States, so the net increase in the U.S. dollar would be (20+5)=25%.
This can be taken as that now 20% more pounds shall be needed to purchases the same U.S. goods.
Hence the new exchange rate would be:
= 1.25 x £0.55/$1 = £.0.6875 per USD
Contingent workers may involve short-term employees, part-time.
They often receive fewer or no benefits from their employer, which result in a cost. These interns may work full-time part-time but they are likely to work for only. The capacity to make low-cost staffing adjustment has become mandatory.
Answer: $172,000
Explanation:
The amount of cash payments to stockholders during the year will be calculated thus:
Cash dividend declared = $168,000
Add: Beginning dividends payable = $46,000
Less: Ending dividends payable = $42,000
Cash payments to stockholders = $172,000
Answer:
8.5%
Explanation:
Company ABC just paid an annual dividend of $3.55
The firm increases its dividend by 3.55 percent annually
The current stock price is $43.24
Therefore the company cost of equity can be calculated as follows
= 3.55 × (1+3.55/100)/43.24+3.55/100
= 3.55 × 1+0.0355/43.24+0.0355
= 3.55 × 1.0355/43.2755
= 3.6760/43.2755
= 0.085× 100
= 8.5%
Hence the company cost of equity is 8.5%
Answer:
Information that is top secret vip your eyes only