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Brut [27]
3 years ago
13

Locked-In Real Estate (LIRE) is preparing for their Initial Public Equity Offering (IPO). With its holdings consisting of rent c

ontrolled apartments, and no plans for expanding, LIRE plans to payout all of its earnings as dividends. These dividends amount to $7.50 per share, forever. If the expected rate of return is 12%, what is the stock price of LIRE
Business
1 answer:
jeka57 [31]3 years ago
4 0

Answer: $62.50

Explanation:

The stock price of Locked-In Real Estate (LIRE) will be calculated thus:

Stock price = D /ke - g

where,

D = Dividend paid per share = $7.50

Ke = expected rate of return on equity = 12% = 0.12

g is growth rate of dividend = 0

Stock price = $7.50/0.12

Stock price = $62.5

Therefore, the stock price is $62.50

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Based on this income statement for Company ZYX for the year ending December 31, 2014, what adjustment would need to be made to N
Minchanka [31]

Answer:

Company ZYX cash flow from Operating Activities using the indirect method are given below.

<em>Cash flow from operating activities</em>

Net INCOME BEFORE TAXES                        $ 190,000

Adjustment For

Gain(Loss) on sale of Equipment                   $  30,000

Other Income/(Expense)                                 ($  46,000)

Working capital changes                                     0

Net cash from operating activities                 $ 174,000

3 0
3 years ago
A land development company is considering the purchase of earth-moving equipment. This equipment will have an estimated first co
liraira [26]

Answer:

Explanation:

Let the number of days per year that the company will need the equipment in order to justify its purchase b represented by x.

Based on the information given, this will then be:

1130x + 180x = 199000(A/P, 10%,10) - 65000(A/F, 10%, 10), + 32000 + 220x

1310x = 199000(0.1627) - 65000(0.0627) + 32000 + 20x

1310x - 20x = 32377.3 - 4075.5 + 32000

1290x = 60301.8

x = 60301.8/1290

x = 46.75

Therefore, the answer is 46.75 days.

6 0
3 years ago
_____ are any aspects of a good or service that a customer must believe in but cannot personally evaluate even after purchase an
stiv31 [10]

Answer:

<u>c. Credence attributes</u>

Explanation:

  • Credence is a good that has attributes that cannot be observed by the consumer even after purchasing the thus makes it difficult for them to access its utility such as expert services and medical procedures, automobile repairs, etc.
  • Here the seller has the option to change the quality ad quantity of the price by using his tactics and hence can cheat buyers with an inferior good. Like the automobile repair may be insufficient.
7 0
3 years ago
Finish the lyrics lol<br><br> "let it gooo, let it gooo_________________''
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Answer:

XDD aint it like "can't hold it back anymore" XDD i think it is from frozen

Explanation:

^-^ have a nice day

5 0
3 years ago
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The one that you could do to adress this is to Establish a system that provides each sales team member with specific, challenging sales goals and performance<span> feedback from their store manager.
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