Answer: Grid Corp. acquired some of its own common shares at a price greater than both their par value and original issue price but less than their book value. This will impact his total equity and the book value per common share.
i.e. <u><em>In this particular case Equity will decrease and book value per share will increase.</em></u>
Answer:
The current share price is $71.05
Explanation:
P3 = D3(1 + g)/(R – g)
= D0[(1 + g1)^3](1 + g2)/(R – g)
= [$1.45*(1.20)^3(1.08)]/(0.11 – 0.08)
= $90.20
The price of the stock today is the PV of the first three dividends, plus the PV of the Year 3 stock price given by:
P0 = $1.45(1.20)/1.11 + $1.45[(1.20)^2]/1.112 + $1.45[(1.20)^3]/1.113 + $90.20/1.113
= 1.568 + 1.695 + 1.832 + 65.958
= $71.05
Therefore, The current share price is $71.05
. not as important as income because wealth does not change over time. ... D. a stock variable and includes both tangible assets and human capital. ... give examples of books of accounts and financial statements required in bus...
Answer:
One student is waiting at the front desk.
Explanation:
By Using Little's law, we have:
L = R * T
Here
L is the average number of items in the system which is average students waiting in this case
R (Arrival Rate) = Total Students / Time taken = 10 Students / 30 minutes
R = 0.33 student per minute
T is the time taken for each student which is 3 minutes
By putting the above values, we have:
L = 0.33 * 3 = 1 student waiting
Answer:
The correct answer is $748.425
Explanation:
Wage Rate of Employee: $25
Over time of Employee: $25 + $12.5 = $37.5
Normal work hours: 40
According to data, total hours worked by employee: 45
Overtime hours: 5
So normal work hour wage would be: 40 * 25 = 1000
Overtime wage would be: 5 * 37.5 = 187.5
Total wage for the week:
1000+187.5 = 1187.5
This is the gross income.
NOW for net income, we would deduct all the taxes from the gross salary.
Federal income tax deductions: = 1187.5-350 = 837.5
Social Security is 6% of Gross pay. So 1187.5 * 0.06 = 71.25
Medicare Tax is 1.5% of Gross pay. So 1187.5 * 0.015 = 17.8125
Net Income = Gross salary - Federal income tax - Social security - Medicare Tax = 1187.5 - 350 - 71.25 - 17.1825
= $748.425