Answer:
Explanation:
First, we need to find current stock price, which equals to Next year dividend / (required rate of return - growth rate)
=4 / (0.08 - 0.04)
= $4 / 0.04 = $100
Then we can apply the found current stock price to find present value of growth opportunities
Present value of growth opportunities =current stock price - [forcasted Earning per share / required rate of return]
= $100 - ($4 / 0.08)
=$100 - $50
= $50
Answer:
d. 6 years
Explanation:
Depreciation is the loss of value of an asset over a period of time. The asset has a useful life period after which it is referred to as scrap.
The value of the asset after it's useful life is called the salvage value.
Useful life of an asset is estimated and deductions in its value are made till the useful life is exhausted.
In this scenario the useful life was initially taken to be 6 years.
After 4 years it was realised a mistake wasade and useful life is supposed to be 10 years
Since useful life of the asset remains contstant, the remaining years of useful life is the real estimate of useful life less years already used.
Remaining useful life = 10 - 4 = 6 years
Answer:
A.
Explanation:
Property taxes on a manufacturing plant should be classified as a product cost but not a period cost. This is because product costs refers to the costs that you have to pay in order to continue production. This costs include labor, supplies, utilities, materials and even property taxes to maintain the facility open. While period costs refers to selling various other expenses taken on by administration but does not include property taxes.
Answer:
45,000 shares
Explanation:
The computation of the number of shares computed for the basic earning per share is shown below:
= shares outstanding as on Jan 1 + 2 for 1 stock split as on Jan 4 + shares issued as on Jan 7
= 20,000 shares + 20,000 shares + {10,000 shares × 6 months ÷ 12 months }
= 20,000 shares + 20,000 shares + 5,000 shares
= 45,000 shares
The 6 months are calculated from Jan 1 to July 1
In the given scenario; "Yes, the chocolatier enforce the option because the option touches and concerns the leasehold estate".
<h3>What is Jurisdiction's Rule?</h3>
Jurisdiction is a phrase that refers to a court's power or authority to hear a matter. The ability of federal and state courts to hear cases is governed by both federal and state statutes, as well as the Constitutions of the United States and each individual state.
The jurisdiction's Rule Against Perpetuities: The rule against perpetuities is a legal rule in Anglo-American common law that prohibits people from using legal instruments (typically a deed or a will) to exert control over the ownership of private property for a period of time that extends far beyond the lives of those living at the time the instrument was written.
The exceptions to the rule against perpetuity are-
- The rule does not apply to vested interests since vested interests cannot be detrimental to remoteness.
- The rule does not apply to land acquired or controlled by Corporation.
- Philanthropic gifts; the rule does not apply to transfers for the benefit of the public for religious, pious, or charitable causes.
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