The dividend will be $4.015
<u>Explanation:</u>
The given data is: Initial dividend given is = $3 and growth rate given is = 6%
the following formula is used in order to calculate the dividend
dividend at time 5 = d0 multiply with (1+growth rate) power 5
= $3.00 multiply with (1+0.06) power 5
=>$3.00 multiply (1.33822558)
=>$4.015 (rounded to two decimals).
<u>Note :</u> The dividend is the amount that is paid by the company to its shareholders. The amount of dividend may vary from year to year depending upon the profitability level of the company that it earned during the year.
Answer:
The best answer is C. Decrease it by $12 billion
Explanation:
Refer to Fact Pattern 42-2A. If Eddie is liable under the Securities Exchange Act of 1934, it will be because the information on which he based his purchase of Fresh Dairy stock was <span><u>not yet public.</u>
</span>Section 12 of the Securities Exchange Act of 1934. Section 16(b) of the act covers <span>the short-swing activities of Orbital's insiders.</span>
Answer:
B) $12,843
Explanation:
We can use the following method solve the given problem
We can calculate gross wages as follows:
= Number of employees * hours worked per week * hourly rate
= 15 × 40 × $30
= $18,000
We can calculate direct deposit of payroll as follows:
= Gross wages - Total taxes withheld
=$18,000 - $5,157
= $12,843
We can calculate total taxes withheld as:
=$2,700 + $1,080 + $1,377
= $5,157
We can calculate federal income taxes as:
=$18,000 × .15
= $2,700
Answer:
$5,835
Explanation:
The computation of the amount of accrual for doubtful account is given below;
= Debit balance of account receivable × given percentage
= $97,250 × 0.06
= $5,835
hence, the amount of accrual for doubtful account is $5,835
We simply multiply both the items so that the correct amount could come