Answer:
The stock price 5 years from now will be 44.46
Explanation:
The stock price will increase like compound interest at the same rate as the dividends.
Stock 35.25
time 5
dividend grow rate 0.0475
Amount 44.45588696
The stock price 5 years from now will be 44.46
<u>Reasoning:</u>
In five years, if we calcualte the gordon dividend growth model:
and year 5 dividends would be:
we can arrange the formula like this:
The first part is the current stock price so our formula is confirmed.
Answer:
The correct answer is letter "A": affordable food creates an external benefit rather than an external cost in the case.
Explanation:
Externalities are costs third parties have to be responsible for even if they were not involved in causing the externality. There are positive externalities and negative externalities. <em>Positive externalities</em> are those that third parties benefit from. <em>Negative externalities</em> affect third parties.
Thus, importing less-expensive but chemically-dangerous food will create a positive externality to consumers purchasing those types of foods since less money is getting out of their pockets without them having to influence discounts.
Answer:
67%
Explanation:
Money supply = Money multiplier * Deposit worth
3 = Money multiplier * 2
Money multiplier = 3/2
Money multiplier = 1.5
Now, Money multiplier = 1 / Reserve ratio
1.5 = 1 / Reserve ratio
Reserve ratio = 1/1.5
Reserve ratio = 0.6667
Reserve ratio = 67%
So, the percent of deposits the banks hold as reserves is 67%
Answer:
Supply and demand and price
Explanation:
In economics, the forces of supply and demand determine the price in the market.
Answer: Option B
Explanation: In simple words, current liabilities refers to the obligations and promises that an entity has to pay within a year. These liabilities usually arise due to the need of an organisation to fulfill their short term requirements to operate the business efficiently.
These liabilities are of critical in nature as they directly affects the liquidity of the business. In the given case, sales tax payable is the only obligation that must be fulfilled with a year. Hence it is a current liability.
