Answer:
Price of the stock today = $199.83
Explanation:
The current price of the stock can be computed using the two stage dividend growth model of the DDM approach. The DDM or dividend discount model values a stock based on the present value of the expected future dividends from the stock.
The formula for the price of the stock today using the two stage growth model is attached.
Price of the stock today = 1.95 * (1+0.2) / (1+0.12) + 1.95 * (1+0.2)^2 / (1+0.12)^2
+ 1.95 * (1+0.2)^3 / (1+0.12)^3 + ... + 1.95 * (1+0.2)^12 / (1+0.12)^12 +
[ (1.95 * (1+0.2)^12 * (1+0.09)) / (0.12 - 0.09) ] / (1+0.12)^12
Price of the stock today = $199.83
Answer:
Explanation:
1. Significant financial statement accounts are materially affected, either directly through entries in the general ledger, or indirectly through the creation of rights or obligations that may or may not be recorded in the general ledger by major class of transaction.
2. The auditors should design procedures to provide a high level of assurance that the controls related to each relevant assertion are operating effective.
3. A significant deficiency is a control deficiency that is less severe than a material weakness yet important enough to merit attentions by those responsible for oversight of the company's financial reporting.
4. To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the as of date.
5. Ineffective audit committee oversight of management is regarded as at least a significant deficiency
Answer:
The correct option is D) reduce test scores by 4.56 for every school district.
Explanation:
Based on the information in the question, the relationship between test scores and the student-teacher ratio can be mathematically written as follows:
x = 698.9 - 2.28y .................... (1)
Where,
x = test scores
y = student-teacher ratio
The a slope of (-2.28) indicates the amount by which x will change whenever there is a change in y.
Therefore, when there is a decrease in the student teacher ratio by 2 (i.e. y = 2), we will have:
Change in x = -2.28 * 2 = -4.56
The negative sign therefore indicate that the test scores will reduce by 4.56 for every school district. Therefore, the correct option is D) reduce test scores by 4.56 for every school district.
Answer:
The percentage of Indiana residents with a college degree rises from 25% to 30%.
Explanation:
Human capital is one of the most important (according to some economists the most important) aspect for economic growth. If college graduates in Indiana go from 25% to 30%, it means that Indiana's human capital has improved.
With improved Human Capital, now Indiana can produce better steel and corn, or even produce other things, because its college graduates have acquire the necessary knowledge to do so. This will in turn lead to economic growth and a higher standard of living.
A Absolute Advantage exists when a country is the most efficient producer of an item.
