Answer:
33.77%
Explanation:
In one year, you are going to receive ($42 x 100) + ($0.56 x 100) = $4,256
you must return ($35.50 x 50) = $1,775
plus interests = $1,775 x 6% = $106.50
total return = $4,256 - $1,775 - $106.50 = $2,374.50
you invested $1,775
return on your investment = ($2,374.50 / $1,775) - 1 = 33.77%
Answer:
Depletion $ 2,000,000 (debit)
Accumulated Depletion $ 2,000,000 (credit)
Explanation:
Salter Mining Company must use the Depletion Unit Method to provide for <em>usage</em> of Mine.
Depletion for the year = (Cost of Asset - Residual Value)/ Expected Total Contents in Units × Number of Units Taken During the Period
Thus Depletion for the year, = ( $91 million-$6.4 million)/ 1,880,000 tons × 60,000 tons
= $ 84,600,000 / 1,880,000 × 60,000
= $ 2,000,000
Answer: d. 20
Explanation:
The Money multiplier is the number that new deposits are multiplied with to find out their total effect on the banking system.
It is calculated by dividing 1 by the required reserve ratio.
Required reserve ratio = 0.5/10
= 5%
Money Multiplier = 1/5%
= 20
Answer:
because if they don't how will they know what to do and or look for in competition
Answer:
14.90%
Explanation:
We know,
Current stock price, =
Given,
Current stock price, = $12.00
growth rate, g = 9.50% = 0.095
Expected annual dividend, = $0.65
We have to determine the expected rate of return ().
Putting the values into the above formula, we can get,
Current stock price, =
or, $12.00 = $0.65 ÷ ( - 0.095)
or, $12.00 × ( - 0.095) = $0.65
or, - 0.095 = $0.65 ÷ $12.00
or, - 0.095 = 0.0542
or, = 0.054 + 0.095
Therefore, = 0.149
The expected rate of return = 0.149 or 14.90%