Answer:
$81.52
Explanation:
To determine the price of the stock, one has to calculate the present value of the stock.
The present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator
Cash flow in year 1 = $3
Cash flow in year 2 = $4.25
Cash flow for year 3 = $100 + $6 = $106
I = 12 %
Present value = $81.52
The price one would pay for the stock today is $81.52
To find the PV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Answer: Duress
Explanation: Defense of duress can be seen as. Circumstance whereby an individual carries out an act as an outcome of turmoil, threat or any other coercion against the individual.
It is a criminal practice of forcing another person to behave in an involuntary way either by use of conveyed intent to inflict damage or loss on another individual or force. In this case, Justin can assert the defense of duress if he is being brought to law because Andrew held a gun to his head and forced him against his will to steal from the company.
Answer:
B. $784,249
Explanation:
The effective interest amortization is an accounting practice used for discounting a bond. This method isused for bonds sold at a discount; the amount of the bond discount is amortised as interest expense over the bond's life
Interest expenses for 6 months from Jan 1st to Jun 30th is $392,083 = $9,802,072* 8%/2
Amortization of Discount is $2,083= $9,802,072* 8%/2 - 10,000,000*7.8%,/2
Carry Amount of Bond on June 30 $9,804,155= bond proceed of $9,802,072 + Amortization of Discount is $2,083
Interest expenses for 6 months from Jul 1st to Dec 31st is $392,166 = Carry amount of Bond $9,804,155 x effective rate 8%/2
Total interest expense will be recognized in 2018 is $784,249 = $392,083 + $392,166
Answer:
Mean Salary of all employees will be increase by $150.
Explanation:
$150 raise of all 75 employees will be averaged and result in the $150 increase in the mean of all employees salary.
Suppose:
The Sum of all Employees salary = $1,500,000
The Mean of all Employees salary = $100,000 / 75
The Mean of all Employees salary = $20,000
The Sum of all Employees salary after raise = $1,500,000 + ( 75 x 150 )
The Sum of all Employees salary after raise = $1,511,250
The Mean of all Employees salary after raise = $1,511,250 / 75
The Mean of all Employees salary after raise = $20,150
Hence Proved that Mean Salary of all employees will be increase by $150.
Answer: 1 E, 2 C, 3 A, 4 F, 5 D, 6 B
Explanation:
Purchase requisition - A document used by department managers to inform the purchasing department to place an order with a vendor.
Purchase order - A document used to place an order with a vendor that authorizes the vendor to ship ordered merchandise at the stated price and terms.
Invoice - An itemized statement of goods prepared by the vendor listing the customer's name, items sold, sales prices, and terms of sale.
Receiving report - A document used to notify the appropriate persons that ordered goods have arrived, including a description of the quantities and condition of the goods.
Invoice approval - A checklist of steps necessary for the approval of an invoice for recording and payment; also known as a check authorization.
Voucher - An internal file used to store documents and information to control cash disbursements and to ensure that a transaction is properly authorized and recorded.
