Answer:
E. inquiring
Explanation:
If we have not seen the appropriate job opening advertised, we can write a letter of inquiry also known as a letter of interest and by ignoring the particular job that is being advertised, we use this letter to approach an organization or a company that we are willing to work for to ask if they will be hiring in the near future.
Answer:
expand
Explanation:
In "open market operations" to expand M1, the securities held by a commercial bank (or the public) are exchanged for "cash" from the Fed (the transfer of funds from the Fed to a bank.
The Fed buys securities from banks holding it, for money; so as to increase the supply of money in the economy.
Answer:
See below
Explanation:
Given the above information, Shelton should report the account receivable at a net amount as computed below;
= Accounts receivables - Allowance for doubtful account
Accounts receivables = $140,000
Allowance for doubtful account = $7,200
= $140,000 - $7,200
= $132,800
Therefore, account receivables at a net amount is $132,800
Answer:
5.43%
Explanation:
Using du point formula for return on equity formula, the profit margin can be computed by rearranging the formula to make profit margin the subject.
return on equity=profit margin*assets turnover*leverage ratio
return on equity=growth rate*(1-dividend payout ratio)=9.89%*(1-40%)=5.93%
assets turnover=sales/total assets=inverse of total assets to sales=1/1.3
leverage ratio=total assets/equity
debt-equity ratio=0.42( debt is 0.42 while equity is 1 i.e 0.42/1=0.42)
total assets=debt+equity=0.42+1=1.42
equity is 1
5.93%=profit margin*1/1.3*1.42/1
5.93%=profit margin*1.092307692
profit margin=5.93%/1.092307692
profit margin=5.43%
Answer:
The market value of the stock is $132.73.
Explanation:
D0 = Dividend just paid = $4
D1 = Anticipated next year dividend or Year 1 dividend = $6
D2 = Dividend of in the subsequent year or Year 2 = $7
D3 = Year 3 dividend = D2 * (100% + Dividend growth rate forever) = $7 * (100% + 5%) = $7.35
Sum of present values of D1 and D2 = (D1 / (100% + required rate of return)^1) + (D2 / (100% + required rate of return)^2) = ($6 / (100% + 10%)^1) + ($7 / (100% + 10%)^2) = $11.2396694214876
Stock price in year 2 = D3 / (Required rate of return - Dividend growth rate forever) = $7.35 / (10% - 5%) = $147
Present value of Stock price in year 2 = Stock price in year 2 / (100% + required rate of return)^2 = $147 / (100% + 10%)^2 = $121.487603305785
Market value of the stock = Present value of Stock price in year 2 + Sum of present values of D1 and D2 = $121.487603305785 + $11.2396694214876 = $132.73
Therefore, the market value of the stock is $132.73.
