Disagreement about an employee’s performance as perceived by different sources is ___________

Rylan Industries is expected to pay a dividend of $5.70 year for the next four years. If the current price of Rylan stock is $31

PilotLPTM [1.2K]

Answer: Rylan's stock would sell for $21.96 at the end of the four years

Explanation:

PV = Current Price = $31.27

D = Dividend paid each year =$5.70

r = Equity cost of capital = 12%

FV = Price of Rylan's stock at the end of four years = ??

N = Number of years = 4

PV = D $[\frac{1 - \frac{1}{(1+r)^{N} } }{r} ]$ + $\frac{FV}{(1+r)^{4} }$

31.27 = 5.70 $[\frac{1 - \frac{1}{(1+0.12)^{4} } }{0.12} ]$ + $\frac{FV}{(1+0.12)^{4} }$

Solve for FV,

FV = $21.96

Rylan's stock would sell for $21.96 at the end of the four years

8 0

3 years ago

A currency trader observes the following quotes in the spot market: 1 U.S. dollar = 122 Japanese yen 1 British pound = 2.25 Swis

andrezito [222]

Answer:

88.38

Explanation:

Given;

1 U.S. dollar = 122 Japanese yen

1 British pound = 2.25 Swiss francs

1 British pound = 1.63 U.S. dollars

Therefore,

2.25 Swiss francs = 1.63 U.S. dollars

1 US. dollar = 2.25/1.63 Swiss francs

1 US dollar = 1.38 Swiss francs

since

1 U.S. dollar = 122 Japanese yen then,

1.38 Swiss francs = 122 Japanese yen

1 Swiss francs = 122/1.38 Japanese yen

1 Swiss francs = 88.38 Japanese yen

1 Swiss franc can be used to purchase 88.38 Japanese yen.

8 0

3 years ago

An example of short term investment goal would be saving for:

Debora [2.8K]

Answer:

Watching movies

Explanation:

Short term goal can take days or weeks to accomplish, if you're saving for a house that will take months or even years, for retirement you have to be certain age and tertiary education is an education as the word said it comes third it means college studies for that also you have to wait a long time.

5 0

3 years ago

he initials GAAP stand for a. Generally Accepted Accounting Principles b. Generally Accepted Accounting Practices c. General Acc

Bess [88]

Answer:

Correct option is (a)

Explanation:

GAAP is the abbreviation for Generally Accepted Accounting Principles. These are guiding principles that help in recording accounting transactions. These are developed over the course of time and includes comprehensive guidelines used by accountants over the years in preparing financial statements.

GAAP ensures reliability and comparability of financial statements.

5 0

4 years ago

Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 780 June 10 2

blsea [12.9K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

June 1: $780/150 units= $5.2 per unit

June 10: $1,170/200 units= $5.85 per unit

June 15: $1,260/200= $6.3 per unit

June 28: $990/150= $6.6 per units

A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.

Units sold= total units - ending inventory

Units sold= (150 + 200 + 200 + 150) - 210= 490 units

<u>The method with the lowest cost of goods sold will have the highest income:</u>

FIFO (first-in, first-out):

COGS= 150*5.2 + 200*5.85 + 140*6.3= $2,832

LIFO /last-in, first-out)

COGS= 150*6.6 + 200*6.3 + 140*5.85= $3,069

Weighted-average:

Weighted-average price= (5.2 + 5.85 + 6.3 + 6.6)/4= 5.99

COGS= 490*5.99= $2,935.1

The inventory method that will provide the highest gross profit is FIFO.

4 0

3 years ago

Disagreement about an employee’s performance as perceived by different sources is ____________ a problem.