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1 year ago

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The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40

% indefinitely. Your investment horizon is 9 years. What do you estimate the price of Royal Ranch House stock will be at that time?

1 answer:

ElenaW [278]1 year ago

7 0

20-(65)xy-mx+b might ce the ranch house stock

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A foundation was endowed with $15,000,000 in July 2010. In July 2014, $5,000,000 was expended for facilities, and it was decided

Agata [3.3K]

Answer:

$2,274,639.75

Explanation:

Endowment on July 2010 = $15,000,000

Endowment amount on July 2014 = $15,000,000 (1+0.05)^4 - Expenditure on facilities

= $15,000,000 (1.2155) - $5,000,000

= $18,232,500 - $5,000,000

= $13,232,500

Amount to be set aside for operation expenses = $250,000/0.05 = $5,000,000

Amount available for capital replacement = $13,232,500 - $5,000,000 = $8,232,500

5-years effective interest rate = (1+0.05)^5 - 1 = 0.2763

Annual available for capital replacements every fifth year forever = $8,232,500 (0.2763) = $2,274,639.75

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1 year ago

Joseline waited until December 12, 2019, to file her 2018 Form 1040 return. She did not request an extension. Her balance due fo

Marrrta [24]

Answer: $207.45

Explanation:

The latest date that Josephine should have filed her taxes by was April 15th 2019.

She instead waited till December 12, 2019.

9 partial and full months have passed since that time so her penalty will be for 9 months.

Penalty is 5% of the balance due:

= 461 * 5% * 9

= $207.45

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2 years ago

A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at th

Yakvenalex [24]

Answer:

I will ask the question that

C. How will it make me feel about myself?

Explanation:

The reason behind asking question is that I want to know that this new office policy will effect me. If this office policy will change my responsibilities or my rights, I'll be definitely ask this question as it is a matter of importance for me.

The other questions

Is it legal? is not appropriate for asking as the office policy is beyond the legal framework.
Is it balanced? is not appropriate for asking as this question is not specific and clear so it is good to ask this question.
Is it a lose-lose situation? this question is not a good way to ask about the nice policy as it will show my pessimistic approach towards the policy.

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2 years ago

You have just calculated the acid-test ratio for Peak Performance Sporting Goods [acid test ratio = 1.0]. As a loan officer for

Radda [10]

Answer:

D) An acid-test ratio = 1.0 tells us that without adequate inventory turnover, this company may represent a higher risk. Peak Performance's acid-test ratio shows that the firm maintains $1.00 in current assets for every $1.00 in current liabilities.

Explanation:

The acid test ratio is the ratio which depicts the liquidity of the company. It excludes the inventory, prepaid expenses, etc for calculating it

The formula to compute is shown below:

Acid test ratio is

= Quick assets ÷ current liabilities

Therefore according to the given situation, the correct option is d.

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2 years ago

The three main types of markets for financial capital are _______.

slavikrds [6]

Answer:

loan markets, bond markets, and stock markets

Explanation:

If we want to buy and sell financial assets, be it money, bonds or shares, for example, it is necessary that there are so-called financial markets. We can distinguish 3 different types of financial markets, the difference lies in the type of assets that are traded in each of them

<u>Capital markets </u>

In this type of market, stocks, bonds and bonds are traded. If we focus on the national level, we can distinguish several capital markets:

The stock market

Second markets for medium-sized companies

The AIAF private fixed income market

The public debt market (state, autonomous communities, municipalities…)

<u>Currency market </u>

In it instruments are bought and sold in different currencies. The most notable corresponds to the purchase and sale of spot and forward currencies

<u> Money markets or loan markets</u>

In these markets, short-term financial assets are traded, these can be interbank deposits, company notes and treasury bills. These types of markets are also called money markets.

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1 year ago