Answer: 14.95%
Explanation:
The firm required return is;
= Risk free rate + beta * (Market return - RIsk free rate)
= 6.5% + 1.30 * ( 13% - 6.5%)
= 14.95%
<em>It is better to use the estimated future return. </em>
Answer:
True
Explanation:
Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.
Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.
Answer:
B. Discrimination
Explanation:
Discrimination refers to the act of unfair judgement on a specific group of people based on characteristics such as age, gender, race, religion, country or even sexual orientation. It involves discriminating (treating a person unfairly) against a person because of the characteristics he or she possesses. In this case, Scott was discriminated against because he's an African American and believed by the employer not to be hardworking because of his race.
Answer:
a. $20,000
b. $180,000
Explanation:
Par value per preferred share = $8
Dividend rate = 5%
Dividend per preferred share = $8 * 5% = $0.40
Number of preferred shares = 50,000
a. Total dividend amount distributed to the preferred shareholders this year = 50,000 shares * $0.40 = $20,000
b. The total dividend amount distributed to the common shareholders this year = $200,000 - $20,000 = $180,000
Answer:
ToySpot in this scenario is a soft toy retailer; this means it deals with customers directly and at the same location.