Answer:
Home Parties is paying an annual dividend of $1.78 every other year. The last dividend was paid last year. The firm will continue this policy until two more dividend payments have been paid. Three years after the last normal dividend payment, the company plans to pay a final liquidating dividend of $32 per share. What is the current market value of this stock if the required return is 14.7 percent?
The current market value of this stock = $16.78.
Explanation:
Current market value of this stock = $1.78/1.147 + $1.78/1 .147∧3+ $32/1.147∧6
Current market value of this stock= 1.55187 + 1.78/1.509 + 132/2.27709
Current market value of this stock= 1.55187 + 1.17959 + 14.053
The current market value of this stock = $16.78.
Answer:
B.overstatement of assets and an overstatement of owners' equity.
Explanation:
To recognize depreciation expense,the entries required are
Debit depreciation expense
Credit Accumulated depreciation
The accumulated depreciation is a credit balance in the fixed asset account. Depreciation is also an expense that reduces net income and thus reduces the owners equity.
Hence an mission of the adjusting entry to record depreciation expense will result in an overstatement of assets and an overstatement of owners' equity.
Answer:
Federal funds rate
Explanation:
Federal funds rate can be described as a target interest rate which is set by the Federal Open Market Committee (FOMC) and it is the interest rate at which excess reserves of commercial banks are lent to and borrowed from each other overnight.
The law requires that commercial banks must maintain certain percentage of their deposits in their account with Federal Reserve bank as a reserve. When there is an excess of money above the required level in the reserve of some banks, the excess can be lent by those banks to other banks that have shortfalls. The interest rate that is paid by the borrowing banks is the federal fund rate.
Answer:
high
Explanation:
the most popular time of year at a resort, hotel, or tourist attraction, when prices are highest
Answer:
The correct answer is D. Credibility.
Explanation:
Thomas violated the credibility of his studies, because he omitted the error which caused a false expected result.
Credibility is that characteristic of certain things that make them credible, we talk about situations, verses or estimates of a certain presence. When we say that we observe the credibility of something we are making a measurement of what is credible and not facing a series of examples in order to make a comparison in this regard.
