At the beginning of the year, you purchased a share of stock for
$45. Over the year the dividends paid on the stock were $2.20 per
share.
a. Calculate the return if the price of the stock
at the end of the year is $40. (Negative amount should be
indicated by a minus sign. Round your answer to 2 decimal places.
(e.g., 32.16))
b. Calculate the return if the price of the stock
at the end of the year is $50. (Round your answer to 2
decimal places. (e.g., 32.16))
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In: Finance
Given the information in the table, what is the price of the stock in YEAR 1? Today’s Dividend $3.78 Discount Rate 7.94% Growth rate in dividends 0 to 1 7.52% Growth rate in dividends 1 to 2 8.95% Growth rate in dividends 2 to 3 6.38% Growth rate in dividends 3 onward 3.08%
In: Finance
a) Please calculate the Total Factor Productivity of a country for a year with the following data on Real GDP of the country along with other required information:
Y = $ 2,000 billion
L = 40 billion hours
K = $ 10, 000 billion
α = 0.7
b) If the labour force increases by 20%, how it will affect the total factor productivity?
In: Economics
Consider a deposit of $200 made at the end of the year. There are another four annual deposits growing at a rate of 6 percent. The goal is to save $2500 at the end of 7 years. What must the interest rate be?
In: Economics
In: Economics
An insurance company estimates the probability of an earthquake in the next year to be 0.0014. They estimate the average damage done by an earthquake to be $60,000. The company offers earthquake insurance for $100 per year, and when damage occurs, the company pays the full price to the customer. Suppose you are working for the company and want to plan for their future finicalness.
A. What is the expected value of the insurance company's pay out to a customer in a year?
B. What is the expected value of the insurance company's profit from each customer in a year?
In: Statistics and Probability
A total of $3,700 in supplies was purchased during the year. By the end of the year, the company had used $2,200 of the supplies. The adjusting entry needed at the end of the year is:
Multiple Choice
debit Supplies $2,200; credit Supplies Expense $2,200
debit Supplies Expense $1,500; credit Supplies $1,500
debit Supplies Expense $2,200; credit Supplies $2,200
debit Supplies Expense $3,700; credit Supplies $3,700
In: Accounting
Adjusting Entries for Prepaid Insurance
The prepaid insurance account had a balance of $7,000 at the beginning of the year. The account was debited for $24,000 for premiums on policies purchased during the year. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment:
a. The amount of unexpired insurance applicable to future periods is $8,500.
| Insurance Expense | |||
| Prepaid Insurance |
b. The amount of insurance expired during the year is $22,500.
| Insurance Expense | |||
| Prepaid Insurance |
In: Accounting
The balance in the prepaid insurance account, before adjustment at the end of the year, is $27,000. Journalize the adjusting entry required under each of the following alternatives for determining the amount of the adjustment:
a. The amount of insurance expired during the year is $20,250.
* Insurance expense = $20,250
* Prepaid Insurance = ?
b. The amount of unexpired insurance applicable to future periods is $6,750.
* Insurance expense = ?
* Prepaid Insurance = $20,250
In: Accounting
A special insurance policy pays $1000 at the end of the year of death for the first 5 years and $500 at the end of the year of death for the next 5 years. Mortality follows the Illustrative Life Table and i = 0.06.
Calculate the actuarial present value of a policy on (50).
(Answer is 44.71 but idk how to get there)
In: Statistics and Probability