Questions
If the CPI = 200 this year and rises to CPI = 210 the next year...

If the CPI = 200 this year and rises to CPI = 210 the next year this means that inflation increased by 10%.

In: Economics

A corporation was organized on January 1 of the current year (Year 1), and it is...

A corporation was organized on January 1 of the current year (Year 1), and it is authorized to issue 50,000 shares of Dh100 par, 1% cumulative preferred stock and 250,000 shares of Dh10 par common stock. The following selected transactions were completed during the first year of operations:

Jan.    3

Issued 15,000 shares of common stock at Dh23 per share for cash.

        31

Issued 500 shares of Dh10 par common stock at par to an attorney in return for preparing and filing the Articles of Incorporation. The value of the services is Dh8,500.

Feb. 24

Issued 1,500 shares of no-par common stock in exchange for an equipment with a fair market price of Dh24,000.

Mar. 15

Issued 20,000 shares of preferred stock at Dh115 for cash.

Apr. 16

Dh2,000,000 of 10-year, 1% bonds, with interest payable annually, were sold for Dh2,125,000.

After one year in operations, the following amounts were distributed as dividends:

Year 2:

Dh 9,000

Year 3:

    10,000

Year 4:

    50,000

Required:

(a)   Journalize the entries required on each date.

(b)   Determine the dividends per share for preferred and common stock for Years 2, 3, and 4.

In: Accounting

Define what a fiscal year is. Is it the same as a calendar year? What are...

Define what a fiscal year is. Is it the same as a calendar year? What are the steps in QuickBooks for closing a fiscal year? Include at least one online source with your response.

In: Accounting

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4                    

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

What is the arithmetic average time-weighted rates of return for the investor? (Do not round intermediate

calculations. Enter your answer as a decimal number rounded to four decimal places)

Arithmetic average time-weighted rates of return?

In: Finance

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4           

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

What are the geometric average time-weighted rates of return for the investor?

In: Finance

XYZ stock price and dividend history are as follows:   Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:
  Year Beginning-of-Year Price Dividend Paid at Year-End
  2010 $ 124                 $ 4                    
  2011 $ 135                 $ 4                    
  2012 $ 115                 $ 4                    
  2013 $ 120                 $ 4                    

An investor buys six shares of XYZ at the beginning of 2010, buys another two shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013.

To compute dollar-weighted return, prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2010, to January 1, 2013. (Enter your answer as an integer. Negative amounts should be indicated by a minus sign.)

Date      Cash Flow (for the investor)
1/1/2013 ?

In: Finance

consider the following cash flows. year 2 22600$ year 3 40600$ year 5 58600$ assume an...

consider the following cash flows.
year 2 22600$
year 3 40600$
year 5 58600$
assume an interest rate of 9.4% per year.
if today is year 0 what is the future value of cash flows 5 years from now?

In: Finance

The expected dividends for a stock are: Year 1=$2, Year 2=$3, after Year 2, we expect...

The expected dividends for a stock are: Year 1=$2, Year 2=$3, after Year 2, we expect dividends to grow by 6% forever. If we require an annual return of 8% from this stock, what would be the value of the stock to us? If it sells for $30 in the market, should we buy it?

In: Finance

XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows:

Year Beginning-of-Year Price Dividend Paid at Year-End
2010 $ 102 $ 3
2011 $ 105 $ 3
2012 $ 91 $ 3
2013 $ 96 $ 3

An investor buys three shares of XYZ at the beginning of 2010, buys another one shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all three remaining shares at the beginning of 2013.


a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Arithmetic mean %
Geometric mean %


b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2010, to January 1, 2013. (Negative amounts should be indicated by a minus sign.)

Date Cash Flow
1/1/2010 $
1/1/2011
1/1/2012
1/1/2013


b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.)

Rate of return             %

In: Finance

XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End...

XYZ stock price and dividend history are as follows: Year Beginning-of-Year Price Dividend Paid at Year-End 2010 $ 140 $ 4 2011 $ 159 $ 4 2012 $ 132 $ 4 2013 $ 137 $ 4 An investor buys five shares of XYZ at the beginning of 2010, buys another three shares at the beginning of 2011, sells one share at the beginning of 2012, and sells all seven remaining shares at the beginning of 2013. a. What are the arithmetic and geometric average time-weighted rates of return for the investor? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Arithmetic mean 2.93 % Geometric mean 2.08 % b-1. Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2010, to January 1, 2013. (Negative amounts should be indicated by a minus sign.) Date Cash Flow 1/1/2010 $ -700 1/1/2011 -457 1/1/2012 164 1/1/2013 987 b-2. What is the dollar-weighted rate of return? (Hint: If your calculator cannot calculate internal rate of return, you will have to use a spreadsheet or trial and error.) (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.) Rate of return %

In: Finance