Answer:
$100,000
Explanation:
Jones incurs $1.2 million in cost and estimates that during year 3 an additional $1.1 million will be necessary to complete the project
additional costs for year 3 over the estimated costs represent an additional loss}
Answer:false
Explanation:e-commerce web sites are for both tangible goods and services through the internet and money is transfered during transactions
Answer:A .buy only sneakers
Explanation: The MRS for sneakers is 3 and Shoes is 4, meaning sneakers is of higher MRS than shoes. Also meaning that, sneakers are originally expensive or costly than shoes. If the price of both item have risen, it simply stand to reason that his attachments for sneakers will equally be higher as against the shoes. Meaning, he will demand for sneakers will increase and he might eventually stick to buying only sneakers.
Explanation:
Let the dividend paid in Year n be Dn
Given, D3 = $1.10
D4 = $1.10
D5 = $1.10
Growth in dividend from Year 6 = g = 3.2%
D6 = D5(1+g) = 1.10(1+0.032) = $1.135
Required Return = r = 13.1%
According to Gordon's Growth model,
P5 = D6/(r - g) = 1.135/(0.131 - 0.032) = $11.464
Present Value of the stock = P0 = D3/(1+r)3 + D4/(1+r)4 + D5/(1+r)5 + P5/(1+r)5
= 1.10/(1+0.131)3 + 1.10/(1+0.131)4 + 1.10/(1+0.131)5 + 11.464/(1+0.131)5
= <u>$8.22</u>
