Answer:
The market value of the stock is $41.8
Explanation:
Div 1 = Div 0 (1+r)
=3.80 (1+0.10)
=3.80(1.10)
=4.18
Market value of the stock= Dividend 1 / (r-g)
= 4.18 / 0.2 - 0.1
= 4.18 / 0.1
= $41.8
The market value of the stock is $41.8
Answer:
The correct answer from group of answer choices is Consultation.
Explanation:
Consultation refers to a meeting with professional(s) or expert(s) for purposes of gaining information or to formally discuss and collaborate on something important before decisions are made. In the context of influence tactics, consultation is particularly effective for gaining support and resources for a new project.
The required double entry to adjust the accounts for salaries accrued at the end of the accounting period is a debit to the Salaries Expenses Account and a credit to the Salaries Payable Account.
- The Salaries Payable account is a current liability because the firm has not yet paid cash for.
- Debiting the Expense account and crediting the Payable account complete the double entry. This is a recognition of the accrual concept and the matching principle of generally accepted accounting principles.
Thus, the accrual concept and the matching principle require that expenses that have not been paid for be accounted for in the period that they are incurred to match with the revenue that they generated.
Learn more: brainly.com/question/14601425
Given:
Future value, F=60508.29
Monthly payment, A = 165
Compounding period = month
Number of periods, n = 12*12=144
interest per period = i [ to be found ]
We have the relationship
F=A((1+i)^n-1)/i
but there is no explicit formula for i for given F, A and n.
We need to solve a non-linear equation for the value of i, the monthly interest rate.
One of the ways is to solve it by fixed iteration, i.e.
1. using the given relation, express i in terms of other parameters.
2. select an initial value of i
3. evaluate i according the equation in step 1 until the value is stable.
Here we will use the relationship to express
i=((60508.29*i)/165+1)^(1/144)-1 [ notice that i is on both sides of = sign ]
using an initial value of i=0.01 (about 1% per month).
Successively, we get
i=((60508.29*0.01)/165+1)^(1/144)-1=0.01075571
i=((60508.29*0.01075571)/165+1)^(1/144)-1=0.011160681, similarly
i=0.0113685
i=0.0114728
i=0.0115246
i=0.0115502
i=0.0115628
i=0.0115690
i=0.0115720
Assuming the above has stablilized, and the APR is 12 time the above value, namely
Annual percentage rate = 0.01157205998210142*12=0.13886=13.89%
D. Strategic is the answer for this question