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Phoenix [80]
2 years ago
11

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families c

amping. the price for the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling must the rv be to reflect their ownership interest?
Business
1 answer:
Mazyrski [523]2 years ago
6 0
Tenancy in common is the answer
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Asonia Co. will pay a dividend of $4.30, $8.40, $11.25, and $13.40 per share for each of the next four years, respectively. The
Elan Coil [88]

Answer:

$28.53

Explanation:

Asonia Co. stock price will be calculated using discount factor of 9.9% which is investors required rate of return for company's stock.

Stock price = dividends * (1+r)^ - n

$4.30 (1.099)^-1 + $8.40 (1.099)^-2 + $11.25 (1.099)^-3 + $13.40 (1.099)^-4

$3.91 + $6.95 + $8.48 + $9.19

$28.53

4 0
2 years ago
In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsid
timofeeve [1]

Answer:

Correct answer:

b) lower prices for consumers and producers

Explanation:

In United States of America, food is one of the fundamental things which the government guarantee its citizens. Most agricultural products are subsidized by the government both for the farmers (producer) and the citizens (consumers).

<em>The subsidy for the producer could be inform of payment of incentive, giving out agricultural implements and grants. On the other-hand, the subsidy to the consumer could be inform of reduced price of the agricultural food crops.</em>

6 0
2 years ago
The intrinsic value of a company’s stock, also known as its fundamental value, refers to the stock’s "true" value based on accur
slava [35]

Answer:

The goal of the managers of a publicly owned company should be to maximize the firm's <u>INTRINSIC VALUE</u>.

The board of directors' and upper management's main goal is to maximize the corporation's value in order to maximize stockholders' wealth.

An analyst with a leading investment bank tracks the stock of Mandalays Inc. According to her estimations, the value of Mandalays Inc.'s stock should be $37.32 per share, but Mandalays Inc.'s stock is trading at $45.59 per share on the New York Stock Exchange (NYSE). Considering the analyst's expectations, the stock is currently:

  • c. overvalued

If the analyst considers that the stock's intrinsic price is $37.32 and the market price is $45.59, this means that currently the stock is overvalued.

3 0
1 year ago
During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants
REY [17]

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

7 0
2 years ago
Your friend Bob just retired after running a donut shop for 40 years. He has saved $3.5 million in his retirement accounts. Now
Readme [11.4K]

Answer:

$18,711.57

Explanation:

The amount that the Bob will be getting at the beginning of the each month for the next 30 years shall be determined through the present value of annuity formula which shall be determined as follows:

Present value of annuity=R+R[(1-(1+i)^-n)/i]

R=Amount that he will be getting per month for next 30 years=?

i=interest rate per month=5/12=0.4167%

n=number of payment involved=30*12=360 and since the first payment is made at the start of month, therefore the n=359

Present value of annuity=$3,500,000

$3,500,000=R+R[(1-(1+0.4167%)^-359)/0.4167%]

$3,500,000=R+186.05R

$3,500,000=187.05R

R=$18,711.57=payment per month

8 0
2 years ago
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