Answer: $60.62
Explanation:
Using the Gordon Growth model;
Value = Next dividend / (Required return - growth rate)
Next dividend in 5th year will be dividend in 6th year;
= 7 * (1 + 2%)⁶
= $7.88
Value₅ = 7.88 / (15% - 2%)
= $60.62
Answer:
it will take around 15 weeks to for Reiko to make a profit
Explanation:
Given:
Amount spent to obtain merchandise = $5,200
Cost of general expenses = $550
Earnings from sales per week = $900
Now,
Let 'x' be the number of weeks taken to make profit
thus,
Total cost involved = $5,200 + ( $550 × x )
Total profit from sales = $900 × x
for making profit
$900 × x ≥ $5,200 + ( $550 × x )
or
350x ≥ 5,200
or
x ≥ 14.85 weeks
thus,
it will take around 15 weeks to for Reiko to make a profit
Answer:
In the context of the given question, I agree that the Supreme court should uphold the statute.
Explanation:
This is because the state must have identified and analysed the need for such a statute, to lower any illegal trade practices and to come down heavily on vehicle dismantler who do not execute their business lawfully by maintaining proper records and following ethical work practices as deemed to be correct by the law.
Since the owner was found guilty of not recording vehicle dismantling records, holding an official dismantler's license and spare parts, the owner cannot challenge the police forces. Also, I feel the trial court did a wrong judgement by supporting the owner and declaring that the statute is unconstitutional. Whatever has been described here is for the law and order of the state, so there is no need to counteract.
Therefore, the Supreme court should dismiss trial court's verdict and uphold and enforce the statute in the interest of the state and public.
Answer:
b. $1,730,000
Explanation:
Pension expense = $ervice cost component + Opening projected benefit obligation*settlement rate - Opening pension assets*Expected rate of return + Amortization of prior service cost
= $890,000 + ($11,400,000*0.10) - ($6,000,000*0.08) + $180,000
= $890,000 + $1,140,000 - $480,000 + $180,000
= $1,730,000
