Answer:
D; $2.44
Explanation:
In this question, we are asked to calculate expected year-end dividend D1 for a particular stock.
Mathematically,
Current stock price = Expected year end dividend/(Required return rate - growth rate)
Using the information in the question, we identify the following;
Current stock price = $57.50
Expected year end dividend = ?
Required return rate = 10.25%(0.1025)
Growth rate = 6%(0.06)
We can rewrite the equation as ;
Expected year end dividend = Current stock price * (Required return rate - Growth rate)
= 57.5 * (0.1025 - 0.06) = 57.5 * 0.0425 = $2.44375
Hence, the expected year-end dividend D1 = $2.44
Answer:
ROI=10%
ROIC=0.83
Explanation:
Net Income = $26,000
Interest expense = $6,000
Tax rate = 45%
Payable = $23,000
Long-term debt = $70,000
Common equity = $260,000
1. ROE = Net Income / Common equity
= 26,000 / 260,000
=0.1
=10%
2. ROIC = EBIT * (1-Tax rate) / Invested capital
EBIT = Net Income before tax + Interest
Net Income before tax = (Net income * 100) / (100-Tax rate)
Net Income before tax = 26000 * 100 / 100-45
=2600000 / 55
Net Income before tax = 47272.72
EBIT = 47272.72 + 6,000
=53272.72
Invested Capital = Note payable + Long term debt.+ Common Equity
=23000 +70000 +260000
=$353,000
Therefore ROIC = EBIT * (1-Tax rate) / Invested capital
ROIC= 53272.72 * (1-0.45) / 353,000
=53272.72*0.55 / 353,000
=292299.996/353,000
=0.8280
=0.83
ROIC= 0.83
<span>Permission to incorporate a business comes from the government, usually through a Secretary of State. </span>
Answer:
Systematic sample
Explanation:
Sampling is the statistical process by which a small representation (sample) is chosen form a population and results for this sample is used to draw conclusions about the whole population.
There are two types of sampling. The simple random sampling and the systematic sampling.
Systematic sampling is when subjects in a sampl are selected at fixed intervals. For example selecting every tenth customer for review from a sample of 200 customers.
He wrote a letter describing all the violence African Americans faced.