Answer:
The price of the stock today is $13.58
Explanation:
Using the dividend discount model approach, we can calculate the price of the stock today. DDM bases the price of a stock on the present value of the expected future dividends from the stock. The dividends and the terminal value are discounted back to the present value using the required rate of return on the stock. The price per share today for this stock will be,
P0 = 0.75 / (1+0.17)^3 + 0.75 * (1+0.48) / (1+0.17)^4 +
0.75 * (1+0.48)^2 / (1+0.17)^5 +
[(0.75 * (1+0.48)^2 *(1+0.1) / (0.17 - 0.1)) / (1+0.17)^5 ]
P0 = $13.584 rounded off to $13.58
Answer:
1) Debit Bank $11787069 Debit bond discount $912931 ; Credit Bond $12700000
2) Debit Interest expense $751293 ; Credit Bank $660,000 Credit Discount on Bond payable $91293
3 )Debit interest expense $ 751293 ; Credit bank 660000, Credit discount on bond payable $91293
b)Interest expense = $1502586
c)It is because a financial crisis might have happened prior to issuing the bond and the company still went ahead with issuing even though the rate has changed.
Explanation:
interest expense = 12000000 * 0.11 * 6/12=$660000
discount on bond payable = $912931 /5 = 182586 /2= 91293
Interest expense = $751293 * 2 = $1502586
Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.
The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.
Answer:
$345,103 Is the answer I'm not good at explaining things so I won't attempt it.
Answer:
Sales This year will be $180,800
Explanation:
Total Sales Last Year = $160,000
Growth rate of sales = 13%
Sales This year = Total Sales last year x (1+Growth rate)
Sales This year = $160,000 x (1+13%)
Sales This year = $160,000 x (1+0.13)
Sales This year = $160,000 x 1.13
Sales This year = $180,800
