Answer:
The price of Apple just after the current dividend was paid is $26.79.
Explanation:
Note: See the attached file for the calculation of present values for year 1 to 10 dividends.
From the attached excel file, we have:
Previous year dividend in year 1 = Dividend just paid = $3
Total of dividends from year 1 to year 10 = $19.17617169980840
Year 10 dividend = $7.781227380
Therefore, we have:
Year 11 dividend = Year 10 dividend * (100% + Perpetual dividend growth rate) = $7.781227380 * (100% + 3%) = $8.0146642014
Price at year 10 = Year 11 dividend / (Rate of return - Perpetual dividend growth rate) = $8.0146642014 / (20% - 3%) = $47.1450835376471
PV of price at year 10 = Price at year 10 / (100% + Required return)^Number of years = $47.1450835376471 / (100% + 20%)^10 = $7.61419419713817
Price of Apple = Total of dividends from year 1 to year 8 + PV of price at year 10 = $19.17617169980840 + $7.61419419713817 = $26.79
The relative size and typical employment of the marine expeditionary force are:
- MEF -Largest size of 20k-90k or about 62,000 Marines.
- MEB - Medium size of 3K-20K that is about 14,500 Marines.
- MEU - about 2,200 marines
<h3>What is the relative size in typical employment of the Marine Expeditionary Brigade?</h3>
A Marine expeditionary brigade (MEB) is known to be a kind of a formation that is said to belong to the United States Marine Corps.
The Marine air-ground task force is known to be one that has approximately about 14,500 Marines and also made up of sailors that are known to be constructed around a kind of reinforced infantry regiment.
It is said to be made up of composite Marine aircraft group, a combat logistics regiment and also an MEB command group.
Therefore, The relative size and typical employment of the marine expeditionary force are:
- MEF -Largest size of 20k-90k or about 62,000 Marines.
- MEB - Medium size of 3K-20K that is about 14,500 Marines.
- MEU - about 2,200 marines
Learn more about marine expeditionary force from
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Answer:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Explanation:
A. Received cash by issuing common stock
Debit: Cash
Credit: common stock
B. Received cash for services to be performed in the future.
Debit: Cash
Credit: unearned revenue.
C. Paid salaries payable
Debit: salaries payable
Credit: cash
D. Provided services on account.
Debit: accounts receivable
Credit: service revenue
E. Paid cash for operating expenses
Debit: operating expenses
Credit: cash
Answer: Transaction exposure
Explanation:
Transaction exposure, is a form of foreign exchange risk that is faced by the organizations that take part in international trade. It occurs when the fluctuation in exchange rate change a contracts value before it is settled.
It is concerned with the effect of exchange rate changes on individual transactions, most of which are short-term affairs that will be executed within a few weeks or months.
