Answer:
Net cash provided by financing activities $1,195,000
Explanation:
The computation of the net cash provided by financing activities are as follows:
Cash flows from financing activities
Issue bonds $2,090,000
Issue preferred stock $795,000
Less: Purchase of treasury stock -$1,180,000
Less: Dividend paid to preferred stockholders -$510,000
Net cash provided by financing activities $1,195,000
Answer:
Horizon value is $22.59
Intrinsic value is $16.32
Explanation:
D3=1.5000
D4=1.5000*(1+7.8%)
D4=1.6170
D5=1.6170
*(1+7.8%)
D5=1.7431
D6=1.7431
*(1+3.42%)
D6=1.8027
horizon value is the same as the price of the stock(the terminal value) using the dividend in year 6
P=D5*(1+g)/(r-g)
D5=$1.7431
g is the constant growth rate of 3.42%
r is the required rate of return of 11.40%
P=$1.7431*(1+3.42%)/(11.40%-3.42%)
P=$1.8027/0.0798
=$22.59
Goodwill Technologies share price is $22.59
Current intrinsic value is the dividends payable in relevant years plus the horizon value discount to present value as follows:
Present value of D3 =1.5000/(1+11.40%)^3=$1.0850
present of value of D4 =1.6170
/(1+11.40%)^4=$1.0500
present value of D5 =1.7431
/(1+11.40%)^5=1.0160
present value of horizon value=$22.59/(1+11.40%)^5=13.1671
Total present values $16.32
Dorsal and ventral cavities
Answer:
D. Salaries and Wages Expense 530
Advertising Expense 910
Cash 1440
Explanation:
Salaries and wages expense, and advertising expense, are expenses, therefore, when they increase, they are debited.
Cash is an asset account, when it decreases, as in this case, it is debited.
The entry would be:
Account Debit Credit
Salaries and Wages Expense 530
Advertising expense 910
Cash 1440
Obviously, it becomes half so it'll be 10%
Forgive me if its wrong. im answering as best as i can.
