Answer:
$129.35
Explanation:
Here is the full question :
What is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment will be received today, and the discount rate is 10%
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 0 to 5 = $27
I = 10%
PV = $129.35
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
The question is incomplete, it lacks options.
A) extranet
B) corporate portal
C) intranet
D) executive information system
Answer:
Extranet.
Explanation:
An extranet can be defined as a private network that is used for information sharing. An extranet is a private network which is created by a company to enable customers and suppliers to get specific information about the company but preventing them access to other private and sensitive information.
Extranet makes it very easy to share information with potential customers and various shareholders. Extranet also improves customer service by providing them with various information to solve their questions.
Answer:
1. Grace was credited for three months taxes.
Explanation:
We need to understand proration. The buyer needs to pay for the taxes the date the property is owed to him, and the seller needs to pay for the taxes till he is having the property. Now he has paid for a year, and the year ends on October 1st. However, he is going to owe the property until Jan 1st. And hence, Grace is credited with the 3 months taxes.
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
Answer:
Explanation:
1) Interest expense = 5000000 × 10% = 500000
Times interest earned = Income before interest and tax / Interest expense = (1500000+500000) / 500000 = 4 Times
2) Earning per share of Common Stock = (Income after tax-Income tax-preferred dividend) / Share outstanding = (1500000-200000-100000 ) / 200000 = 6 per share
3) Price earning ratio = 75 / 6 = 12.50 times
4) Dividend per share of Common Stock = 150000 / 200000 = 0.75 per share
5) Dividend yield = 0.75 / 75 = 1%
