Answer:
Expected return or the cost of equity capital for the firm = 14%
Explanation:
V(0) = D1 / r - g
v = 20, D1 = 2, r = ?, g = 0.04
20 = 2 / (r - 0.04)
20r - 0.8 = 2
20r = 2 + 0.8
20r = 2.8
r = 2.8/20
r = 0.14
r = 14%
Note: Application of constant growth dividend discount model was required to solve the question
Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
On August 2, 2018, Apple became the first publicly traded U.S. company to reach a $1 trillion market capitalization.
On August 2, 2018, Apple became the first publicly traded U.S. business to reach a $1 trillion market capitalization. On August 19, 2020, just over two years later, it reached a $2 trillion valuation. Peers of Apple aren't far behind. Microsoft is at over $2.5 trillion, and Amazon is worth roughly $1.75 trillion. In 2021, Apple stock increased 34%.
In January 2022, Apple's market capitalization reached $3 trillion. The landmark, which is largely symbolic, shows that investors have recognised Apple's achievements over the past few years, during which time the company has announced numerous record-breaking quarters of significant growth across all of its product lines.
To know more about Apple refer:
brainly.com/question/14333329
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Im not completely sure, but I know it's either home or car insurance.
Hope this helped!
Answer:
Date General Journal Debit Credit
<em>Dec. 18</em> Cash $259,000
Unearned revenue $259,000
(To record advance receipt of cash)
<em>Jan. 23</em> Cash (2590000 - 259000) $2,331,000
Unearned revenue $259,000
Sales revenue $2,590,000
(To record cash sale)
<em>Jan. 23</em> Cost of goods sold $1,590,000
Inventory $1,590,000
(To record cost of goods sold)
