Answer: $70
Explanation:
Price = Present value of year 1 dividend + Present value of year 2 dividend + Present value of year 3 dividend + Present value of year 4 dividend + Present value of year 4 price
Year 4 price = Year 4 dividend / ( Required return - Growth rate after 3 years)
= (3.50 * 1.30³ * 1.04) / (13% - 4%)
= $88.856
Price = (3.50 / (1 + 13%)) + ( (3.50 * 1.3) / 1.13²) + ( (3.50 * 1.3²) / 1.13³) + ( (3.50 * 1.3³) / 1.13⁴) + 88.856/1.13⁴
= $69.97
= $70
The property tax rate for the assessed property of $41,302 is <em><u>0.069</u></em>.
The property tax is the value holding the property paid to the statement in the form of their charges or in the form of their state revenue.
Computation:
Given,
State property tax =$2849.84
The assessed value of property =$41,302
The tax rate is computed by dividing the tax amount by the actual value of the property.
The tax rate upon which the property tax is paid is <em><u>0.069</u></em>, that is option d. is correct.
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Tactical managers are often known as the middle manager.
Manager in the middle. Middle-level managers are superior to front-line managers and team leaders. They are responsible for transforming the basic goals and plans set by strategic managers into more particular objectives and activities. They are also known as tactical managers.
Furthermore, the middle manager serves as a communication conduit inside the business, relaying significant leadership decisions and the organization's principal goals to lower-level personnel. This adds to greater worker collaboration and makes a firm more cohesive.
Therefore, the answer is middle manager.
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Answer:
The firm's cash flow to creditors during 2018 was –$85,000
Explanation:
The firms cash flow to creditors would be calculating by substracting the interest expense of the firm to the long-term debt taken during the period.
Cash flow to creditors = Interest expense – Net new LTD borrowing
Cash flow to creditors = Interest expense – (LTDend – LTDbeg)
Cash flow to creditors = $255,000 – ($2,210,000 – 1,870,000)
Cash flow to creditors = –$85,000
Find the gross profit fro the sale of the television:
Gross profit = Sales - Cost of goods sold
Gross profit = $1,600 - $225
Gross profit = $1,375
The gross profit of a sale is the profit from sales minus the cost it took to produce/complete the item or service.
