FINANCE is one of the four functions of business. it includes all business activities that involve money. production is another function it is any activity related to making a product.
ANSWER: Finance
Answer:
book value at the end of year 3 = $115,200
Explanation:
Year 1 Depreciation expense
400,000 x 20% = 80,000
Year 2 Depreciation expense
400,000 x 32% =128,000
Year 3 Depreciation expense
400,000 x 19.2% = 76,800
Book value = carrying value - depreciation for the year
or
purchase - accumulated depreciation
Answer:
a. by projecting downward from the neckline, the vertical distance from the top of the head to the neckline
Explanation:
- Top pattern of head and shoulders Simple and commonly used pattern by trader in technical analysis. The trader under this model is well aware of what they are looking for.
- This type of model is available throughout the day, so investors and traders use this model for msking investments. This type of chart provides benefits such as stopping orders for easy trading, price targets and minimizing losses in trading.
- The minimum negative value from the head and shoulder top pattern is provided below the projection neckline, which is the vertical distance from the top of the head to the neckline.
Answer:
Stock price now is $65.08
Stock price in 3 years is $78.61
Stock price in 15 years is $ 167.38
Explanation:
The current price of the stock is given by the stock price formula below:
stock price=Di*(1+g)/k-g
Di is the dividend just paid of $2.75 per share.
g is the growth rate of dividend of 6.5%
k is the investors' expected return of 11%
stock price=$2.75*(1+6.5%)/(11%-6.5%)=$ 65.08
In calculating stock price in 3 and 15 years,we use the future value formula
FV=PV*(1+r)^n
PV is the current price
r is the growth rate whereas the n is the number of years
Stock in 3 years=$65.08*(1+6.5%)^3=$78.61
Stock in 15 years=$65.08*(1+6.5%)^15=$ 167.38