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Alchen [17]
3 years ago
7

Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway declared and paid $4,125 in

cash dividends on its nonconvertible preferred stock. Flyaway also paid $30,000 cash dividends on its common stock. Flyaway had 60,000 common shares outstanding from January 1 until 30,000 new shares were sold for cash on April 1, 2021. What is 2021 basic earnings per share
Business
1 answer:
Lena [83]3 years ago
7 0

Answer:

See below

Explanation:

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¿Qué es la Biblia y qué significa?
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Holt Enterprises recently paid a dividend, D0, of $3.75. It expects to have nonconstant growth of 23% for 2 years followed by a
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a. How far away is the horizon date?

IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2.

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to determine the horizon value we can use the Gordon growth formula:

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Div₂ = $5.673375

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c. What is the firm's intrinsic value today, P0? Round your answer to two decimal places. Do not round your intermediate calculations.

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4 years ago
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Feliz [49]

Answer:

the length of service required of an employee before he or she is eligible for a pension.

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