Answer: $49.87
Explanation:
Based on the information given,
D1 = $4 × (100% + 21%) = $4 × 1.21 = $4.84
D2 = $4.84 × 1.21 = $5.8564
Value after year 2 will be:
= (D2 × Growth rate) / (Discount rate -Growth rate)
= ($5.8564 × 1.04) / (0.14 - 0.04)
= $6.09/0.1
= $60.9
Then, the current share price will be:
= 4.84/1.14 + 5.8564/1.14² + 60.9/1.14³
= 4.25 + 4.51 + 41.11
= $49.87
Answer:
$33,950
Explanation:
Calculation for The adjusted cash balance per books on August 31 is
Cash balance per books, 8/31 $28,600
Add Notes receivable and interest collected by bank 6,900
Less Bank charge for check printing (160)
Less NSF check (1,390)
Adjusted cash balance per books $33,950
Therefore the adjusted cash balance per books on August 31 is $33,950
Answer:
77.48 units
Explanation:
Data provided in the questions
Annual demand = 395 units
Ordering cost = $38
Holding cost per unit per year = $5
The computation of the economic order quantity is shown below:
= 77.48 units
hence, the economic order quantity is 77.48 units
We simply applied the above formula so that approximate units could come. And it always expressed in units
Economic Growth and Tax Relief Act law signed by President George w. bush, allowed for more economic freedom amongst different kinds of businesses on the 401(k)
A standard definition of economics might describe it as a social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. Economics can be said to be the study of scarcity and choice.
In its simplest and most concise definition, economics is the study of how societies use their limited resources. Economics is the social science of producing, distributing, and consuming goods and services.
Example: When the corn crop increases, the farmer reduces the price of the crop so that the product can be sold. When supply exceeds demand, meaning too much corn is needed to feed the people of the country, the produce is forced to waste and farmers lose production costs.
Learn more about economics here
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