Answer:
Stock Price of LeBlanc in four years = $37.517
Explanation:
Dividend Discount model is as follows:
Where,
= Price of share at end of four years
= Dividend to be paid at end of 5th year
= return on equity or cost of equity
g = growth rate
Now we have the information as follows:
Dividend at 5th year end = ((($3 per share + 3%) + 3%) + 3%) +3% = 3.765
Cost/ Return on equity = 12%
Growth rate = 3%
Therefore price = 
= 
Stock Price of LeBlanc in four years
= $37.517
Answer:
Total Current assets = $622,000
Explanation:
<u>Balance sheet (For the year ending)</u>
<u>Current asses Amount </u>
Accounts receivable $220,000
Cash $83,000
Stock $275,000
Finished goods $89,000
Raw materials $94,000
W.I.P $92,000
<u>Prepaid expenses $44,000 </u>
<u>Total Current assets $622,000 </u>
The correct statement will be that the maximum number of $5 bills that can be in Hermione's purse will be 7. So, the correct option that matches the statement is D.
The number of bills of $5 are seven, as Hermione also has at least one bill of $1.
<h3>Calculation of bills. </h3>
- Considering Hermione has at least one bill of $1, then the computation of total bills out $40 can be shown as below,
- where <em>x </em>is the number of $5 bills
- So we know that the maximum number of bills of $5 that can be kept by Hermione is 7 as $35 is the nearest number possible and seven bills of $5 will constitute $35.
Hence, it can be concluded that option D is correct that there are seven bills of $5 in the purse of Hermione and hence there will be five bills of $1 in her purse.
Learn more about bills here:
brainly.com/question/16405660
Answer:
B) Anticipatory Grief
Explanation:
As Khalid has found out that his friend Jason is terminally ill. This has made him feel sad and lonely at the thought of living life without his friend. Khalid's feelings best represent the concept of anticipatory grief which refers to the feeling of sadness and grief occurring before the actual happening of that loss. We become sad and emotional even before the actual happening of some incident. For example, when our dear friend is in hospital after a sever accident, then we start feeling this anticipatory grief that the chances are more that he will be dead soon so we feel more grief and sadness.
A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.
<h3>What is a Forward sale Contract?</h3>
This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.
The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.
The correct answer, thus, is A.
See the link below for more about Forward-sale contract:
brainly.com/question/14862085
