The transition to this new helpful worldwide economy really started coming to fruition back in the 1950s—a period in which the machines that drove the Industrial Age changed apparatuses for the new Information Age.
The real move to a data based economy accentuated data dispersion and recovery and in addition transnational monetary collaboration. As a feature of this pattern, in the 1950s different broad communications businesses started showcasing music, motion pictures, TV projects, and PC programming on a worldwide level.
Answer:
$1.25
Explanation:
dividend growth:
year growth rate dividends
1 24% Div₁ = 1.24Div₀
2 24% Div₂ = 1.24²Div₀ = 1.5376Div₀
3 24% Div₃ = 1.24³Div₀ = 1.906624Div₀
4 14% Div₄ = 1.906624Div₀ x 1.14 = 2.17355136Div₀
indefinite 8% Div₅ = 2.17355136Div₀ x 1.08 = 2.347435Div₀
required rate of return = 10%
current stock price = $86
stock price for terminal growth rate = Div₅ / (10% - 8%) = Div₅ / 2% = 117.3717734Div₀
current stock price = $86 = 1.24Div₀/1.1 + 1.5376Div₀/1.1² + 1.906624Div₀/1.1³ + 2.17355136Div₀/1.1⁴ + 117.3717734Div₀/1.1⁴ = 1.12727Div₀ + 1.27074Div₀ + 1.43247Div₀ + 1.48456Div₀ + 80.1665Div₀ = 85.48154Div₀
$86 = 85.48154Div₀
Div₀ = $86 / 85.48154 = $1.006065
Div₁ = 1.24 x $1.006065 = $1.2475 ≈ $1.25
Answer:
$7,250
Explanation:
You can deduct medical expenses <u>that exceed</u> 7.5% of your AGI (changes, but is currently at this level).
170,000 x .075 = 12,750
20,000 - 12,750 = $7,250
I hope this helps!
-TheBusinessMan
Earned a degree from a four-year college at least. I HOPE IT HELPS :)
