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KATRIN_1 [288]
3 years ago
5

Oceanview marine company performance materiality question

Business
1 answer:
harkovskaia [24]3 years ago
4 0
Pito con canosedad al 100
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Moody Farms just paid a dividend of $4.00 on its stock. The growth rate in dividends is expected to be a constant 6 percent per
Dimas [21]

Answer:

the current share price is $73.31

Explanation:

The computation of the current share price is shown below:

P0 = [{D0 × (1 + g)} ÷ (1 + r1)] + [{D0 × (1 + g)^2} ÷ (1 + r1)^2] + [{D0 × (1 + g)^3} ÷ (1 + r1)^3] +  [{D0 × (1 + g)^4} ÷ {(1 + r1)^3(1 + r2)}] + [{D0 × (1 + g)^5} ÷ {(1 + r1)^3(1 + r2)^2] +  [{D0 × (1 + g)^6} ÷ {(1 + r1)^3(1 + r2)^3] + [{D0 × (1 + g)^7} ÷ {(rC - g)(1 + r1)^3(1 + r2)^3]

= [($4 × 1.06) ÷ 1.15] + [($4 × 1.062) ÷ 1.152] + [($4 × 1.063) ÷ 1.153] + [($4 × 1.064) ÷ (1.153 × 1.13)] + [($4 × 1.065) ÷ (1.153 × 1.132)] + [($4 × 1.066) ÷ (1.153 × 1.133)] +  [($4 × 1.067) ÷ {(0.11 - 0.06)(1.153 × 1.133)}]

= $3.69 + $3.40 + $3.13 + $2.94 + $2.76 + $2.59 + $54.82

= $73.31

hence, the current share price is $73.31

3 0
3 years ago
Zibba Company enters materials at the beginning of the process. In January, there was no beginning work in process, but there we
ruslelena [56]

Answer:

units started less 200.

Explanation:

Unit at which the process is started on the beginning of January minus the closing inventory is the number of completed units in work in process when there is No beginning Work in process.

Using following formula we will calculate the Units completed in WIP.

Work in process Closing Inventory = Opening WIP + Addition during the period - Completion during the period

200 units = $0 + Addition during the period - Completion during the period

Completion during the period = Addition during the period - $200 units

In the absence of Beginning Inventory the the addition during the period is the number of unit at which the process is started.

7 0
3 years ago
The inductive approach to writing a business argument Multiple Choice
kotykmax [81]

Answer:

The correct answer is 2. provides the supporting reasons before the primary message.

Explanation:

7 0
3 years ago
How do i cancel my account i made because it does not work
Gre4nikov [31]

A account for here? Ask a server administer  to cancel it I guess. I can't recall anywhere where it said how to delete or discontinue my account.

7 0
4 years ago
Read 2 more answers
Abbot Inc. is considering the following investment opportunities. Required Compute the future value under each of the investment
Over [174]

Answer:

$ 67,196

$132482

$88,727

$131,761

Explanation:

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

m =number of compounding

$50,000 x ( 1 + 0.06/2)^10 = $67,196

$60,000 x ( 1 + 0.08/4)^40 = $132,482

$40,000 x (1 + 0.1/12)^96 = $88,727

$80,000 x ( 1 + 0.05 /12) ^120 = $131,761

7 0
3 years ago
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