Answer:
$28
Explanation:
Calculation to determine at what price should a share sell
First step is calculate the Required return using this formula
Required return=Risk free rate+Beta*(market rate-risk free rate)
Let plug in the formula
Required return=5+1.4*(15-5)
Required return=5+1.4*(10)
Required return=5+14
Required return=19%
Now let determine the Current price using this formula
Current price=D1/(Required return-Growth rate)
Let plug in the formula
Current price=3.92/(0.19-0.05)
Current price=3.92/0.14
Current price=$28
Therefore the price that a share sell is $28
Answer:
a.$15,000
Explanation:
To compute the adjusted balance in the allowance for doubtful accounts we have to find out the bad debt expense which is shown below:
= Allowance for Doubtful accounts - unadjusted balance
= $15,000 - $500
= $14,500
Now the adjusted balance would be
= Adjusted bad debt expense + unadjusted balance
= $14,500 + $500
= $15,000
Answer:
A vast majority of Democrats and a few Republicans. On this recent vote, 11 Republicans voted with the Democrats.
Answer:
Dividends per share are 2.6 dollars.
Explanation:
According to the Gordon growth formula, which states that the price of the stock is calculated as dividends/rate of return - growth rate of dividends, dividends are calculated as price * (rate of return - growth rate of dividends). In this case 34* 7.7% or 2.6 dollars per share. This model can be used as its assumption about constant growth rate of dividends is fulfilled.
<span>First, figure out the annual rent price, which is $1,200 * 12 = $14,400. Then multiply $50,000 * 12 =$600,000 gross income a year * 8% for the commission amount of $48,000. Then add $48,000 and $14,400 together to get the annual rent with the commission that is due of $62,400.</span>
