Answer:
0.0556 or 5.57%
Explanation:
Given that,
stock has a beta = 1.25
Dividend paid by company, D1 = $0.40
Expected growth rate of dividend, g = 5%
Expected return on the market, r = 12%
Treasury bills are yielding, t = 5.8%
Recent stock price for Berta, p = $75
Common stock (under DCF method):
= 0.0056 + 0.05
= 0.0556 or 5.57%
The investing section is the only section that differs between the direct and indirect methods of preparing the statement of cash flows.
The cash flow direct method determines the change in cash receipts and payments reported in the Cash Flows from Operations section. The indirect method adds or subtracts net income earned in a period to calculate changes in asset and liability accounts to determine implied cash flows.
The indirect method adjusts income statement items directly in the cash flow statement based on operating cash inflows and outflows. This method provides a more logical representation of cash flow. Under the indirect method, operating cash flows are calculated on an accrual basis.
Learn more about the indirect method at
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Answer:
$1,027.86
Explanation:
Total Taxes = Federal Income Tax + FICA-SS Tax + FICA-Medicare Tax
Total Taxes = $680.70 + ($4,538.00 × 0.062) + ($4,538.00 × 0.0145)
Total Taxes = $680.70 + $281.36 + $65.80
Total Taxes = $1,027.86
Therefore the total amount of taxes withheld from the Trey’s earnings is $1,027.86
Tammy completed 12 jobs.
<h3>What is the substitution method?</h3>
The algebraic approach to solving simultaneous linear equations is known as the substitution method. in this procedure, The value of one variable from one equation is substituted in the second equation.
Given Susanne(S) did 10 jobs, and three girls together did 28 jobs Tammy(T) works twice as fast as Martha(M).
Since the girls each worked for two hours, this indicates that Tammy worked twice as much or held twice as many jobs.
T = 2M ........................equation (1)
M + S + T = 28 ........................equation(2)
S = 10 ..................................equation(3)
By solving the above equation, we get:
Martha(M) = 6
Tammy(T) = 12
Hence, Tammy completed 12 jobs.
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