Answer:
$11
Explanation:
"The required return for the computer chip industry is 15%, and the company has just gone ex-dividend (i.e., the next dividend will be paid a year from now, at t 1) (Round your answer to 2 decimal places.)"
g = ROE*b
g = ROE * (1-Payout ratio)
g = 20% * (1-0.5)
g = 10%
P0 = D1/k-g
P0 = D0(1+g) / k-g
P0 = 0.5(1+0.10) / (0.15+0.10)
P0 = $11
S0, the market price of Chiptech stock is $11
Answer:Jalen journal $
Date
Jan 1 ,2021
Land Dr. 860,887
Note payable Cr. 860,887
Narration. Issuance of note of above amount payable in four installment for purchase of land.
June 30,2021
Note payable Dr 215,221.64
Cash Cr. 215,221.64
Narration. Payment of first installment on land purchase.
December 31,2021
Note payableDr 215,221.64
Cash.Cr. 215,221.64
Narration. Payment of second installment on land purchase.
2. Balance on note payable as at December 31, 2021 $400,000
Balance on Interest expenses $30,443.28
Explanation:
The land account is debited to recognized it's purchase and a credit is made to the notes payable account to recognise the credit.
The total installment is debited for payment made in the first and second period.
The balance on the note payable represents the two outstanding principal payment of the $800,000 and the interest expenses represents the excess over the principal sum.
Answer:
247,500
Explanation:
The calculation showing the weighted average number of shares to be used in the calculation of the of the basic earning per share for 2018 is shown below:
= ![[(100,000 * \frac{12}{12}) + (30,000 * \frac{10}{12})] * 2 Stock splits - 10,000 * \frac{3}{12}](https://tex.z-dn.net/?f=%5B%28100%2C000%20%2A%20%5Cfrac%7B12%7D%7B12%7D%29%20%2B%20%2830%2C000%20%2A%20%5Cfrac%7B10%7D%7B12%7D%29%5D%20%2A%202%20Stock%20splits%20-%2010%2C000%20%2A%20%5Cfrac%7B3%7D%7B12%7D)
Answer:
Option (D) is correct.
Explanation:
Given that,
Began July with a finished-goods inventory = $48,000
Finished-goods inventory at the end of July = $56,000
Cost of goods sold during the month = $125,000
Cost of goods manufactured during July:
= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory
= $56,000 + $125,000 - $48,000
= $133,000
The answer is: B. sacrifice profits for less risk.
Interest rates influence the amount of money that the borrower had to give back to the bank and Higher interest rate would give higher profit for the bank.
When bank people give low interest rates for people with good credit, the number of revenue that bank would make from giving the loan would decrease. But people with good credit has high likelihood of returning the money they borrow, which mean that there is less risk for the bank.
