Answer:
-$240 million
Explanation:
The computation of the net cash flows from operating activities is as follows:
As we know that
Net cash flows from operating activities + net cash flows from financing and investing activities = Net Increase in cash for the year
Net cash flows from operating activities + $600 million = $360 million
So, the net cash flows from operating activities is
= -$240 million
Answer:
1) shares held by the issuer that is shares of Firm A held by Firm A
2) the amount of shares issued by the firm
3) the amount of shares which are circulating in the market (issued less treasury stock)
4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted
5) shares at which a down payment has been made but, not paid in full by the potential stockholders
Explanation:
DISCLAMER:
As the options aren't given I define each concept
Answer:
Stock price now is $65.08
Stock price in 3 years is $78.61
Stock price in 15 years is $ 167.38
Explanation:
The current price of the stock is given by the stock price formula below:
stock price=Di*(1+g)/k-g
Di is the dividend just paid of $2.75 per share.
g is the growth rate of dividend of 6.5%
k is the investors' expected return of 11%
stock price=$2.75*(1+6.5%)/(11%-6.5%)=$ 65.08
In calculating stock price in 3 and 15 years,we use the future value formula
FV=PV*(1+r)^n
PV is the current price
r is the growth rate whereas the n is the number of years
Stock in 3 years=$65.08*(1+6.5%)^3=$78.61
Stock in 15 years=$65.08*(1+6.5%)^15=$ 167.38