Answer:
Monthly deposit= $810.20
Explanation:
Giving the following information:
Number of periods (n)= 18 months
Interest rate (i)= 0.04/12= 0.0033
Future value (FV)= $15,000
<u>To calculate the monthly deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (15,000*0.0033) / [(1.0033^18) - 1]
A= $810.20
Answer:
Option A:
Each buyer and seller is small, relative to the whole market; no single decision maker has any influence over the market price.
Explanation:
A competitive market is a market that is characterized by free entry and exit. This means that any party has a right to enter the industry, do business, and leave it freely. In other words, no party or business holds enough stake to become a gatekeeper in that industry.
Furthermore, prices are determined by the forces of demand and supply, and cannot be arbitrarily set by any business.
No single decision maker has any influence over the market price.
This makes option A correct.
Answer:Expected Rate of Return = 14.47%
Explanation:
Given that Dividend= $1.54
Price of stock = $30
Expected selling price of stock = $32.80
Expected Rate of Return = (Dividends Paid + Capital Gain) / Price of Stock
Capital gain = Expected selling price - Buying price of stock
= $32.80- $30.00
= $2.80
Expected Return = ($1.54 + 2.80)/ 30
=0.1446666 x 100
=14.465 ≈14.47%
Answer and Explanation:
a. The computation of the weighted average number of shares is shown in the attachment below:
b. Now the earning per share i.e EPS
= (Net Income - Preferred Dividend) ÷ (Weighted average number of shares
)
= ($9,850,000 - $10,000) ÷ (8,720,000 shares)
= $1.13
The preference dividend is
= (2,000 × $100 × 5%)
= $10,000
Answer:
Explanation:
A professional buyer usually has uses many different tactics in a meeting/negotiation in order to get the best price possible or a price that largely favors them as a buyer. Two of these tactics would be to point out negative aspects of the asset being sold while another one would be a take-it-or-leave-it offer. With both of these tactics, the buyer tries to make the asset seem as not worth its asking price and then with the offer, the buyer is making it seem as though the seller will not receive a better offer and tries to make them accept the offer out of fear of missing out on the sale. Personally, the best way I would respond to both of these tactics would be to continuously point out the positive aspects of the asset and stay firm to your initial/needed price point.
