Answer:
$3.62
Explanation:
Dividend Yield = 0.12/2
Dividend Yield = 0.06
==> (Dividend in One Year)/Current Price= .045
D1 = 0.06*$64
D1 = $3.84
D0 (Current Dividend) = D1/(1+Dividend Yield)
D0 (Current Dividend) = $3.84/(1.06)
D0 (Current Dividend) = 3.622641509433962
D0 (Current Dividend) = $3.62
Answer:
1.prove the equality of the debit and credit amounts after posting.
Explanation:
There are two columns in the trial balance, called debit columns and columns of credit. The total columns of debit and credit should always equaled. The debit columns report assets and expenditures side while profits, stockholder equity, and the liability side are reported in the credit column.
Its main purpose to equate and the prove the both side of the columns after posting of transactions
Answer:
Pretax financial income is $3,350,000.00
Explanation:
Fleming's pretax financial income is the taxable income for 2018 plus the increase in cumulative taxable temporary difference in 2018.
Taxable income is $4,000,000
Difference in cumulative taxable difference=$1,600,000-$2,250,000
=-$650,000
pretax financial income=$4,000,000+(-$650,000)
=$4,000,000-$650,000
=$ 3,350,000.00
The pretax financial income for year 2018 is $3,350,000.00
