Answer:
$32,100
Explanation:
We know that
Total assets = Total liabilities + Shareholder equity
Where,
Total assets = Cash + supplies + equipment
= $30,000 + $600 + $10,000
= $40,600
And, the total liabilities would be
= Account payable
= $8,500
So, the amount of equity would be
= $40,600 - $8,500
= $32,100
Although the focus vision is the one responsible for the targeting function, it is the central vision that allows the viewing of the line of sight to the target area. It is the central vision that allows a relative focus for mid distances and blurring of what's around. It is important on a motorway, for example, as what's ahead is the most important once there isn't people or very busy areas around.
Answer:
$60.80
Explanation:
The value of the stock can be determine by using calculating the present value of the dividend. In this question the dividend of $14.40 will be paid for a specified period of six year. This is a type of annuity and we can calculate the stock value using following formula.
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
where
P is the annual payment means dividend payment of $14.40
r = required rate of return = 12%
n = numbers of years = 6 years
Placing value in the formula
Value of Stock = $14.40 x [ ( 1- ( 1+ 12% )^-6 ) / 12% ]
Value of Stock = $14.40 x [ ( 1- ( 1.12 )^-6 ) / 0.12 ]
Value of Stock = $60.80
