Answer:
The expected rate of return is 14.29%.
Explanation:
The re-arranged equation of DDM for Expected Rate of Return is given below:
Expected Rate = (Next Year Dividend / Current Stock Price) + Growth Rate
where
Next Year Dividend is Current Year Dividend * (1 + growth rate)
⇒ Next Year Dividend = 2.05 * (1 + 6.50%) = $2.18.
All the other values are given in the question. Simply put those values in the equation:
⇒ Expected Rate of Return = (2.18 /28) + .065 = .1429 = 14.29%.
Answer:
Job #1
Explanation:
Job #1 is best suited according to Noah's preference. She wants to work near home, have experience working with children and provide educational opportunities. The Job #1 offers her para- educator in kindergarten class. This job is close to her home and has positive school culture. This job provides her opportunity for networking with administrators and the pay is also good. Therefore Noah should select job #1.
Answer:
The appropriated answer will be "$1,700,000".
Explanation:
Revenue understood by completion percentage = Design balance throughout progress = $200,000
The percentage completion throughout the whole year will be:
⇒ 
⇒ 
The cost incurred throughout the whole year will be:
⇒ 
⇒ 
⇒
($)
Now,
The total estimated cost of the project at the end the year 2021 will be:
⇒ 
⇒
($)
Answer:
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
Explanation:
- Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
- In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
Answer:
Explanation:
The journal entry is shown below:
On February 20
Organization expense A/c Dr $60,000
To Common Stock A/c $25,000 (1,000 shares × $25)
To Paid in capital in excess of par-Common Stock $35,000
(Being the organization expense is recorded and remaining balance is credited to the Paid in capital in excess of par-Common Stock)