This is an illegal question. You may ask about a person's convictions for drug related charges, but you should not ask about treatment. This could also be classified as a needless question, but mostly illegal.
Answer:
E. $40,600
Explanation:
Calculation for the amount of net income reported on Sparty's income statement
Revenue $97,000
Less: Operating Expenses $39,000
Profit Before Tax $58,000
(97,000-39,000)
Less Taxes $17,400
Net Income $40,600
($58,000-$17,400)
Therefore the amount of net income reported on Sparty's income statement will be $40,600
Answer:
The current stock price is $21.54
Explanation:
The current price of the share of Knightmare Inc is the present value of all future cash flows receivable from owning stake in the company.
The future cash flows in this sense are the dividends payable by the company in years 1,2 and 3 which are $6.15,$9.05 and $12.25 per share respectively.
The discount factor in this case is given as 1/(1+r)^N where r is the required rate of return of 11.7% and the relevant year of dividend receipt,hence the share price is computed thus:
Year cash flow discount factor PV
1 $6.15 1/(1+11.7%)^1=0.89525 $5.5
2 $9.05 1/(1+11.7%)^2=0.80148 $7,25
3 $12.25 1/(1+11.7%)^3=0.71753 $8.79
Total present value $21.54
Good evening, Benedettoanna24!
The point where P1 and Q1 intersects represent the equilibrium (Q) price, a price that represents the same amount of supply and demand in the market of that product.
I hope this answer has satisfied your needs, and if you have anymore questions, feel free to ask. Have a good night!
