Answer:
Option (D) 327,000
Explanation:
Data provided in the question:
Shares of common stock issued and outstanding = 300,000
Stock dividend issued = 10%
Shares of common stock reacquired as treasury stock = 12,000
Duration from June 30, 2013 to September 30, 2013 = 3 months
= 0.25 years
Now,
Appropriate number of shares to be used in the basic earnings per share computation for 2013 will be
= [ 300,000 × ( 1 + 0.10 ) ] - [ 12,000 × 0.25 ]
= 330,000 - 3,000
= 327,000
Hence,
Option (D) 327,000
Today's share price for CCN is $16.67
Today's share price for CCN can be determined using the Gordon constant dividend growth model
The Gordon growth model is used to determine the value of the share of a firm using the value of its dividend with the assumption that the firm grows at a constant rate.
The formula of the Gordon constant dividend growth model :
price = d1 / (r - g)
d1 = next dividend to be paid = $0.50
r = cost of equity = 12%
g = growth rate = 9%
0.50 / (12% - 9%)
0.50 / 3%
0.50 / 0.03
= $16.67
A similar question was answered here: brainly.com/question/15023105?referrer=searchResults
Answer:
A shift in the supply curve of labour.
Explanation:
An increase in marginal income tax rate cause the income tax burden on a consumer to rise as the consumers income goes up.
What this means is that as his income gets to rise, he would have to pay more in taxes. Due to a rising change in what he pays as tax, what he would receive as income after tax would be lower at the same number of labor hours. On the labor supply curve this would depict a downward shift.
In conclusion, an increase in marginal tax would be shown by a shift in the after tax supply of labor which would fall backwards or downwards
Answer:
land, Accounts Receivable
Notes Payable , Buildings
,Equiment
Explanation:
land will last very long if u take care if it
Notes payable are long-term assets because it says ' due in three years ' nad from what i know 3 years is alot
buildings are also very long-term asest if you build them strong and powerful
Notes Payable are long-term assets because it says " due in six months " . From whay i know 6 months is half year , and that is a lot
last but not least equiment . If you take care if your equiment it will stay good for al long time
P.S , hope it is right
PEACE
