Answer: $23,888
Explanation:
The cost today for a freshman at a public university is $19,500.
Inflation is at 7% a year and the period is 3 years from now. It is best to use a future value formula:
= Fees * ( 1 + rate) ^ number of years
= 19,500 * ( 1 + 7%)³
= 19,500 * 1.225043
= $23,888
Answer:
Investment on Slender 51,000
Goodwill 9,000
fees expense 4,000
Cash 64,000
Explanation:
fair value of Slender:
71,000 - 20,000 = 51,000
purchase price 60,000
goodwil 9,000
finder's fees 4,000
It will recognize the goodwill for Slender
it will pay the finder's and recognize them as expense
The total cash will be 60,000 to aquire Slender and the 4,000 finder's expense
Last year mike bought 100 shares of Dallas corporation common stock for = $53 per share
he received this year dividends of = $1.45 per share
stock is currently selling for = $60 per share
rate of return = ?
capital yield %= (60 - 53 / 53) x 100 = 0.132 x 100 = 13.2%
dividend yield % = (1.45 / 53) x 100 = 0.0273 x 100 = 2.73%
Total yield or rate of return will be = 13.2 + 2.73 = 15.94 %
Answer:
Value statement.
Explanation:
A value statement is a promise the company gives to the consumer of a value to be delivered. It is a declaration that communicates a companie's top priorities and beliefs both to guide how employees act and to inform customers of the value they stand to gain.
Public is stating that they will not knowingly disappoint customers, and if customer is not satisfied they can return their purchase and be refunded in full.
This was also called Publix guarantee statement