Answer:
$63
Explanation:
The computation of the expected common stock market price per share for the next year is shown below:
Price earning ratio = Share price ÷ earning per share
where
Price earning ratio is 7
Earning per share is
= (Net income - preference dividend) ÷ number of common shares outstanding
= {($45 million - $5 million) × (1 - 0.30) - $10 million)} ÷ 2 million shares
= $9
Now placing these values to the above formula
So, the expected common stock market price is
= 7 × $9
= $63
Answer:
foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. ... However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies
A personal water craft operator must follow US coast guard rules and regulations because they are considered a Class A motor vessel.
According to the United States Code, there are rules that not only the USCG must follow, but also many other operators whose vessels are considered to be Class A. Everyone has to abide by those rules so as to avoid any possible trouble.
Answer:
Checking account:
$7,000
Bond investment: $28,000
U.S. Treasury bill:
$7,000
Loan to an employee:
$400
Currency and coins:
$1800
Accounts receivable:
$700
Cash and cash equivalents: Cash, 1 month treasury bill, currency and coins are cash and cash equivalents so
(7,000+7,000+1,800)= 15,800
Explanation:
Segregation requires the things listed above. Segregation means the separation of races.