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Marta_Voda [28]
2 years ago
11

Jordan has $5. 37, which he is using to buy ingredients to make salsa. He is buying one red pepper for $1. 29 and three pounds o

f tomatoes. If Jordan has exactly the right amount of money he needs, what is the price per pound of the tomatoes? Choose the correct equation to represent this real-world problem. Solve the equation and verify the reasonableness of your answer. A pound of tomatoes costs.
Business
1 answer:
Olin [163]2 years ago
8 0

Answer:

5.37 =  3x + 1.29 and 1.36

Explanation:

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Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 22% for two years and then at 5% therea
AleksAgata [21]

Answer:

The value of the stock = $19.64

Explanation:

According to the dividend valuation model, <em>the value of a stock is the present value of the expected future cash flows from the stock discounted at the the required rate of return.</em>

Year                     Workings                        Present value(PV)

1                 $1 × (1.22)  × 1.11^(-1)  =                     1.10

2                 $1 × (1.22)^2 ×(1.11)^(-2) =                1.21

3                 $1 × ((1.22)^2 × (1.05))/0.11-0.05) = 21.35 ( PV in year 2 terms)

PV (in year 0) of Year 3 dividend  = 21.35 × 1.11^(-2)

                                      = 17.33 (see notes)

<em>The value of the stock</em> = $1.10+ $1.21 + 17.3

                                      = $19.64

Notes:

<em>Note the growth applied to year 3 dividend gives the PV in year 2 terms. So we need to re-discount again to year 0.</em>

<em />

The value of the stock = $19.64

                                     

8 0
2 years ago
ints) During 2018, Falwell Inc. had 500,000 shares of common stock and 50,000 shares of 6% cumulative preferred stock outstandin
Butoxors [25]

Answer: $4.34

Explanation:

The net income for diluted earnings per share will be calculated as:

Net income: $2,500,000

Less: preferred dividend: $300,000

= $2,200,000

To calculate the number of shares goes thus:

Total shares of stock options = 10,000 × 20 = 200,000 shares

Proceeds = 200,000 × $29

= $580,000

Shares of treasury stock will be:

= $580,000/$30

= 193,333 shares

Net shares added will be:

= 200000 - 193333

= 6667

Tge total shares for the diluted earnings per share will now be:

= 500,000 + 6667

= 506,667

The diluted earnings per share:

= $2,200,000/506667

= $4.34

8 0
3 years ago
Consider the following account balances (in thousands) for the Peterson Company.
stealth61 [152]

Answer:

<u>Cost Of Goods Manufactured                               $ 133,000</u>

Explanation:

Peterson Company

Schedule for the cost of goods manufactured

For 2017

Direct Materials  (opening Inventory)              21,000

Add Purchases                                                      74,000

<u>Less Ending Inventory                                     (23000)</u>

Materials available for Use                               72,000

Add Direct Labor                                               22,000

Factory Overhead

Indirect Manufacturing Labor     17,000

Plant Insurance                           7,000

Depreciation                               11,000

<u>Repairs                                         3000              38,000</u>

                                                                              132,000

Add Opening WIP                                                  26,000

<u>Less Closing WIP                                                    25,000</u>

<u>Cost Of Goods Manufactured                               $ 133,000</u>

7 0
3 years ago
What does the cio in a company do
Mars2501 [29]
<span>Manage the technological areas of the company</span>
8 0
3 years ago
Wildside Inc., a company that organizes wildlife tours, gives equal importance to customers and employees. The managers at Wilds
umka2103 [35]

Answer: Internal marketing

Explanation: Internal marketing is the process of facilitating a company's purposes or goals, commodities, and services to workers inside the company. It partakes to developed confidence and devotion among the workers also formulating an elevated amount of participation in the ultimate achievement of the company and encourages the development of the company's trademark public support or recommendation.

8 0
3 years ago
Read 2 more answers
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