Answer:
<em>Holding Period Return = Required rate of return </em>= 16% = 0.16
<em>Holding Period Return of Technomess stock = ( Dividend realized + Capital Gain) / Purchase price</em>
= ( $ 2.40 + ( $ X - $ 52) / $ 52
= ( X - 49.6) / 52 (Assume X as selling price of stock)
0.16 * 52 = X - 49.6
8.32 + 49.6 = X
X = 57.92
= <em>$ 58</em> (Approx.)
Explanation:
Refer to the answer.
Answer:
Total assets remained unchanged.
Explanation:
Purchase of Equipment is a capital expenditure which increase the fixed asset of the company and decrease the cash if paid in the form of cash. Net effect of the both sides is That there is no increase in the total assets and cash in current asset decreases and Equipment in fixed asset increase so, the total assets balance will be unchanged.
In comparison to Millennials and Generation Z, Generation X tends to be more frugal and seek value when making purchases. Those born between 1965 and 1980 are considered Generation X. Those born within this year range grew up working and saving money from a young age so those habits have stuck with them as they became consumers.
Answer:
After the election, democracy holders were elected, so very few qualifying voters took the trouble to exercise their right to vote in the province.
Social security policy exempted farm workers and domestic employees as these were the primary groups of black labor, and the south would exclude them.
After the Republicans lost chance in the South due to the blacks losing their democratic right to vote, the Democrats maintained an electoral hegemony in the area.