Answer: $245
Explanation:
If the required return on the stock is 7 percent, the current share price would be calculated as:
= 6.60/1.07 + 17.60/1.07^2 + 22.60/1.07^3 + 4.40/1.07^4 + [(4.4 × 1.0525) / (7%-5.25%)] / 1.07^4
= $245.23
= $245 approximately
Therefore, the current share price will be $245
Answer:
Increased by $50,000
Explanation:
When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.
Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.
The 10 million U.S. residents with the highest SES outlive the 10 million with the lowest SES who live in rundown areas by about <u>30</u> years.
<h3>What is socioeconomic status (SES)?</h3>
Socioeconomic status can be defined as the status of people in a society or community as based on the followings:
- Income
- Occupation
- Education
In the United State of America people who are educated and earn higher income including having the best health care tend to live longer compare to those who live in a very poor condition and has a lowest SES.
Inconclusion 10 million U.S. residents with the highest SES outlive the 10 million with the lowest SES who live in rundown areas by about <u>30</u> years.
Learn more about socioeconomic status here:brainly.com/question/3867614
Answer:
$14,000
Explanation:
Sale made = Accounts Receivable on 30 June + Collections of accounts - Accounts Receivable on 1 June
= $15,000 + $25,000 - $10,000
= $30,000
Cost of goods sold = Sales made ÷ rate of mark-up on cost
= $30,000 ÷ 150% × 100%
= $20,000
Estimated cost of the June 30 inventory = Inventory Balance on June 1 + Purchases made during June - Cost of goods sold
= $18,000 + $16,000 - $20,000
= $34,000 - $20,000
= $14,000
Answer:
The correct answer is (A)
Explanation:
Construction business is one of the difficult and risky businesses to do. There are many costs involved while constructing a building. Insurance cost during construction is important to take care of third party injuries, and it also provides financial coverage regarding property damage. In a construction business, a company is only allowed to start construction after they cover their insurance cost.