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3 years ago

Of the 4,092 pedestrian fatalities nationwide in 2009, __________ were Floridians. A. 2% B. 11% C. 19% D. 22%

1 answer:

5 0

Of the 4,092 pedestrian fatalities nationwide in 2009, 11% of them were Floridians
In 2009, Florida has around 466 pedestrian fatalities, the second highest in United States. The most common cause for this huge numbers is mostly related to alcohol abuse among drivers

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Sanders, Inc., paid a $4 dividend per share last year and is expected to continue to pay out 60% of its earnings as dividends fo

maks197457 [2]

Answer:

The price of the stock today is $42.94

Explanation:

The price of a stock whose dividends are expected to grow at a constant rate is calculated using the constant growth model of Dividend Discount model approach. It bases the price of the stock on the present value of the expected future dividends. The price today under this model is calculated as follows,

P0 = D0 * (1+g) / r - g

Where,

D0 * (1+g) is the D1 or the dividend for the next year
r is the required rate of return
g is the growth rate in dividends

P0 = 4 * (1+0.052) / (0.15 - 0.052)

P0 = $42.938 rounded off to $42.94

6 0

3 years ago

Which of the following fraudulent activities most likely could be perpetrated due to the lack of effective internal controls in

Alex17521 [72]

Answer:

C. The write-off of receivables by personnel who receive cash permits the misappropriation of cash.

8 0

3 years ago

Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is a small manufacturer o

Vikki [24]

Missing information:

How much is the value of full costing ending inventory?

Answer:

$8,750

Explanation:

1,000 units were produced and 800 were sold, so ending inventory = 200 units

total production cost per unit (under full costing) = $35,000 / 800 = $43.75

ending inventory = $43.75 x 200 = $8,750

Full costing basically refers to absorption costing, which calculates COGS using both variable and fixed costs (total production costs).

8 0

3 years ago

The bond market requires a return of 7.5 percent on the 3-year bonds issued by Beck Co. The 7.5 percent is referred to as the: A

mr Goodwill [35]

Answer:

The correct answer is letter "D": yield to maturity.

Explanation:

Yield to Maturity or YTM refers to the required market interest rate bonds posses. YTM represents the anticipated return investors could obtain in case they hold the bond until maturity. YTM is expressed as an annual rate and it is calculated using the following formula:

$YTM = \sqrt[n]{\frac{Face Value}{Current Price}} - 1$

where:

n = number of years to maturity
Face Value = maturity value of the bond
Current Price = price of the bond today

4 0

3 years ago

When the interest rate in the economy was 10 percent, the price of a bond with no expiration date that paid a fixed annual inter

Nina [5.8K]

Answer:

Option D $8333

Explanation:

The value of the irredeemable bond can calculated using the Dividend Valuation Model.

The formula for the computation is:

Value of the Bond = Interest paid / rate of return on a similar bond

Value of the Bond = $500 / 6% = $8333.33

Note that initially the bond was worth $5000 which can be calculated with the same formula:

Value of the Bond = $500 / 10% = $5000

The net increase is $3333

So the correct answer is option D.

7 0

3 years ago