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2 years ago

12

If a stadium sells 40,000 seats sold at $20, $22.50, and $25 and $28 equally distributed in four sections, how much can be made

if the stadium sells out?

1 answer:

Ksenya-84 [330]2 years ago

7 0

Section A = 22,500 seats
section B = 14,900 seats
section C = 7,600 seats

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Moody Farms just paid a dividend of $2.65 on its stock. The growth rate in dividends is expected to be a constant 3.8 percent pe

NISA [10]

Answer:

$34.63.

Explanation:

The Gordon Dividend Discount Model will be used to calculate the current share price. This model helps us to determine how much should we pay for a stock and the analysis is based on dividends, growth rate, and our required rate of return. The model is as follows:

$Po = D1 / (1 + r )^1 + D2 / (1 + r )^2 + D3 / (1 + r )^3 + D4 / (1 + r )^4 + D5 / (1 + r )^5 + D6 / (1 + r )^6 + [(D7 / r - g) / (1 + r)^6]$

where

Po = Current market Price

D1 = Dividend Paid * (1 + g)

D2 = D1 (1 + g) ; D3 = D2 (1 + g) ; D4 = D3 (1 + g) ; D5 = D4 (1 + g)

D6 = D5 (1 + g) ; D7 = D6 (1 + g)

This implies that:

$Po = 2.7507 / (1.15)^1 + 2.8552 / (1.15)^2 + 2.9637 / (1.15)^3 + 3.0763 / (1.13)^4 + 3.1932 / (1.13)^5 + 3.3146 / (1.13)^6 + [(3.4405/.11 - .038) / (1.13)^6]$

⇒ Current Market Price = $34.63.

Note: Figures are rounded up-to 4 decimal points. A difference of up-to $2 would not affect your scores as far as the methodology is correct.

8 0

2 years ago

In reviewing your Summary Account Activity (#1), you notice FEES CHARGED of $69.45. This fee was assessed on your account for th

Norma-Jean [14]

Answer:

The correct option will be a. Late Payment Fee

Explanation:

A late payment fee also know as late charge is a charged to a borrower who misses paying at the stipulated payment date based on the agreement. For you to avoid paying that fees, ensure that you pay at least the minimum amount by the due date. So among all fees stated, all are charges made by the bank, but the late charge fee is not included until u failed to make payment on time, while others are fixed charges put in place by the banks.

6 0

2 years ago

XYZ Corporation, located in the United States, has an accounts payable obligation of ¥750 million payable in one year to a bank

antiseptic1488 [7]

Answer:

The maximum future dollar cost of meeting this obligation using the call option is $6,545,400

Explanation:

payable obligation = 750,000,000 YEN

premium payable on call option = 750,000,000*0.012

= $90,000

the interest rate is 6%

future value of call option premium = $90,000(1+0.06)

= $95,400

As the expected future spot price is 109 YEN per dollar which is higher than exercise price of $0.0086

Amount payable under call option = (750,000,000*$0.0086)+$95400

= $6,545,400

Therefore, The maximum future dollar cost of meeting this obligation using the call option is $6,545,400

6 0

2 years ago

During March, the production department of a process operations system completed and transferred to finished goods 25,000 units

djverab [1.8K]

Answer:

D. 165,000 materials; 144,000 conversion.

Explanation:

The concept of equivalent units measures the number of units in terms of percentage completion in the inputs introduced to outputs.

Calculation of the number of equivalent units with respect to both materials and conversion respectively for March.

<u>Materials</u>

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 100%) = 30,000

Total Equivalent units of Production = 165,000

<u>Materials</u>

Units Completed and Transferred (135,000 × 100%) = 135,000

Units in Ending Work in Process (30,000 × 30%) = 9,000

Total Equivalent units of Production = 144,000

Conclusion :

The equivalent units of production are 165,000 materials; 144,000 conversion.

5 0

2 years ago

Read 2 more answers

Prof. Chaos finds a new house he wants to buy for $260,000. After selling his current house he expects to have $80,000 as a down

olchik [2.2K]

Answer:

The monthly payment will be for 259.35

Explanation:

we will calculate the couta for an ordinary annuity of 30 years at 4% discount rate

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $180,000.00

time 360 (30 years x 12 months per year)

rate 4% divided into 12 months: 0.003333333

$180000 \div \frac{1-(1+0.003333)^{-360} }{0.003333} = C\\$

C $ 259.348

5 0

2 years ago