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3 years ago

On october 10, the stockholders’ equity of sherman systems appears as follows:

Business

1 answer:

Anuta_ua [19.1K]3 years ago

7 0

On October 10, the stockholders’ equity of Sherman systems appears as follows:

Common Stock ,$10 par value, 72,000 shares authorized, issued and outstanding = 720,000

Paid-in capital in excess of par value, common stock = 216,000

Retained earnings = 864,000

Total stockholders' equity = 1,800,000

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3 years ago

Read 2 more answers

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IceJOKER [234]

Answer:

P5 = 10.41

Explanation:

To calculate the stock value with dividends for the fifth year the following formula would be used:

$P5 = \frac{Div_{0} * (1 + g)^{6} }{(r-g)}$

Where:

$Div_{0} =$ The first Dividend Paid.
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Given Data:

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2 years ago

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melomori [17]

Answer:

First National EAR 14.48%

First United EAR 14.38%

Explanation:

Calculation to determine Calculate the EAR for First National Bank and First United Bank.

Using this formula

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Let plug in the formula

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3 years ago

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Answer:

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