Answer:
B
Explanation:
Intrinsic value of the stock using the constant growth DDM model = D1 / r - g
D1 = dividend in the following year
r = required return
g = growth rate
Since the growth rate and required rate and growth rate of both stocks are the same, the intrinsic value of both stocks would be equal to :
$7 / 0.12 - .06 = $116.7
Answer:
The amount of dividend paid by Heaton: $
Retained profit as at 31/12/2019 555,000
Add: Net income for the year <u>172,500</u>
727,500
Less: Retained earnings as at 31/12/2020 <u>425,000</u>
Dividend paid in 2020 <u>302,500</u>
The amount of dividend paid in 2020 is $302,500, which is close to $382,442.
The correct answer is A
Explanation:
The dividend paid in 2020 equals the retained earnings at the end of 2019 plus the net income for the year minus the retained earnings at the end of 2020.
Answer:
Separate financial statement are adjusted and prepared for parents and subsidiaries.
Explanation:
Answer:
A
Explanation:
As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.
By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.
Answer:
True
Explanation:
The fixed exchange rate came to an end in 1971 in the US.
Before 1971, the US currency value was tied to an ounce of gold. In 1971 the US economy was undergoing a recession. The US authorities bought all the gold value backing the dollar to end the recession. The dollar became a fiat currency.
The year also marked the beginning of the floating exchange system for the dollar.
