Answer:
market maven
Explanation:
Market maven -
The term is associated with the person, who has the complete knowledge of the goods and services and the market , is referred to as a market maven.
A market maven has a lot of connection with various people and is very well - versed on the current state of the market , and has some discreet information which a normal person can never get access to .
The very so famous market maven are - George Soros , John Bogle and Warren Buffett.
Hence , from the given scenario of the question,
The correct answer is market maven .
Answer and Explanation:
The preparation of the retained earnings statement is presented below:
Opening retained earning balance $721,100
Add: prior period adjustment $86,370
Add: net income $1,562,700
Less: dividend paid $79,000
Ending retained earnings $2,291,170
The above items would be added and deducted that increase and decrease the retained earnings balance
Answer:
the free cash flow valuation model can be used to find the value of a division
The price of the stock 19 years from now would be the present value of all the dividends to be paid starting year 20. Here, to compute the PV of the dividends, we can use the PV of perpetuity formula as the dividends will be paid for the infinite period of time.
Value of the stock after 19 years = Dividend year 20/ required return
= $20 / 0.0725
= $275.86