Answer:
$41.69.
Explanation:
P9 = Next dividend / Required rate - Growth rate
P9 = $5 / 8% - 2%
P9 = $5 / 6%
P9 = $5 / 0.06
P9 = $83.33
So, the stock price for 9th year is $83.33
Current stock price = P9 / (1 + Required rate of return)
Current stock price = $83.33 / (1+0.08)^9
Current stock price = $83.33 / (1.08)^9
Current stock price = $83.33 / 1.9990046271
Current stock price = 41.68574643115692
Current stock price = $41.69
Therefore, the current stock price is $41.69.
Answer:
I would say B, this career is unlikley to be a good fit for you.
Explanation:
It's common for your charateristicts to be different than those of the people in the job, but you must first always make sure that this is job is going to be ideal for you.
hope this helps!
Answer:
flat tax is a set percentage that dies not change
graduated tax changes according to the amount being taxed. usually, the higher the amount, the higher the tax rate is.
Answer:
Flint Corporation current assets section of Balance Sheet
Particulars Amount
Cash ($23,500 + 21,100) 43,600
Less: Restricted for plant expansion <u> 23,500</u> <u>21,100</u>
Trading Securities 9,700
Accounts receivable 73,300
Less: Allowance for bad debts <u>3,700</u> 69,600
Interest receivables (19,600*7%*9/12) 1,029
Inventories
Finished goods 33,300
Work in Progress 13,000
Raw materials <u>59,600</u>
Total Current Assets <u>186,229</u>
If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.
A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.
A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.
Dividend yield=Annual Dividend next year/Current price
Annual Dividend next year=(49*3.8%)=$1.862
Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)
⇒$1.862/1.051
⇒$1.77 (Approx)
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