Answer:
$190.64
Explanation:
Data provided in the question:
Current selling price of shares = $180 per share
Dividend paid = $10.18
Expected growth rate, g = 6% = 0.06
Required rate of return, r = 12% = 0.12
Now,
The dividend for the following year to the next year, D1 = $10.18 × (1 + g)ⁿ
here, n = 2 ( i.e the duration of next year and the following year )
thus,
D1 = $10.18 × (1 + 0.06)²
or
D1 = $11.438
Therefore,
Price of stock one year from now = 
= 
= 190.637 ≈ $190.64
Answer:
Consider the following analysis.
Explanation:
The manager's assumption is that the employee work only for their own benefits and they need immediate punishment for poor work, intermediation, and minute-level supervision. This proves that he uses Theory X.
The upper management, on the other hand, is trying to initiate consultation with the employees before bringing out any improvement plan in the business process. This type of management style implicitly assumes that the employees are motivated and self-directed. This is Theory Y.
So, the first option should be correct.
Equity theory is something not contextual here. Equity theory works on the reduction of perceived inequality in the input and output of the employees as a means of motivation.
Answer:
Beginning RE 708,900
prior period adjustment <u> 89,470 </u>
adjusted beginning RE 798,370
net income 1,663,000
cash dividends <u> (77,800) </u>
ending RE 2,383,570
Explanation:
The amend of the mistake is done to adjust the beginning retained earnings as it didn't occur in the current accounting cycle.
We have to added as it was posted as an expense something it wasnt Thus, our expense were overstated making a lower net income
then, we proceed normally by adding the net income and decreasing the cash dividends paid to arrive to ending RE
Revenue = $752,800
Cost of goods sold = $301,800
To solve for the gross profit:
Gross profit = revenue - cost of goods sold
Gross profit = $752,800 - $301,800
Gross profit = $451,000
The gross profit shows the profits a company has after taking their costs to make the product and subtract them from the sales they had.
Answer: 5.23%
Explanation:
Given , interest rate, r =0.08; current exchange rate, c =0.78 and forward
rate, f= 0.76
Let X represent the return earned by the U.S. investing in Canadian security
x = 1+((1+r)*f/c)
x =1+(1.08*[0.76/0.78])
= 5.23%.
