1 year ago

? Question

1 answer:

4 0

Answer:

The American Recovery and Reinvestment Act of 2009 (Recovery Act) - which President Obama signed into law on February 17th, 2009 - was an unprecedented action to stimulate the economy. It included measures to modernize our nation's energy and communication infrastructure and enhance energy independence.

Explanation:

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The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common

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Answer:

Explanation:

Particulars Amount

Common stock $15 par value 594,000

Paid-In Capital in Excess of Par—Common Stock <u> 15,840</u>

Total Paid-In Capital 609,840

From sale of Treasury stock 24,400

Add: Retained Earnings 932,000

Deduct: Treasury Stock (645 shares) <u>12,255</u>

Total Stockholders' Equity 1,553,985

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The data show the percentage of households that composted kitchen waste and those that composted yard waste in 26 regions of a c

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What does an income statement show about a bank over a period of time?

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Reliability because it shows that you are responsible to pay

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Why would you want to create a bar graph from a budget spreadsheet?

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3 years ago

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Slow 'n Steady, Inc., has a stock price of $ 34, will pay a dividend next year of $ 3.10, and has expected dividend growth o

erica [24]

Answer:

10.92%

Explanation:

The formula and the computation of the estimated cost of equity capital is shown below:

Stock price = Next year dividend ÷ (cost of equity - expected dividend growth rate)

We assume the cost of equity be X

$34 = $3.10 ÷ (cost of equity - 1.8%)

$34 X - $34 × 1.8X = $3.10

After solving this,

The cost of equity would be 10.92%

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2 years ago