Over the past 5 years from 2015 to 2020, DL Insulation has paid annual dividends of $0.46, $0.635, $0.71, $1.03 and $1.13 per share. What would you estimate the share price to have been at 30/06/2020? Would you have bought your company’s stock? (a required an actual return of 16%)
In: Finance
what has the European Central Bank been doing since March 2020 to deal with the Covid 19 crises? Do you agree or disagree with their actions and whyPlease put in your paper – what has the European Central Bank been doing since March 2020 to deal with the Covid 19 crises? Do you agree or disagree with their actions and why
In: Finance
On January 1, 2017, Nobel Corporation acquired machinery at a cost of $1,200,000. Nobel adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of ten years, with no residual value. At the beginning of 2020, a decision was made to change the residual value to $100,000. The amount that Nobel should record as depreciation expense for 2020 is
In: Accounting
In: Accounting
During 2018, Jack Harris sells a capital asset with an adjusted cost base of $87,200 for proceeds of $105,300. He receives a down payment of $5,300 in 2018, the second payment of $50,000 in 2019, and a final payment of $50,000 in 2020. What is the minimum amount that Jack will have to include in Net Income For Tax Purposes in 2018, 2019, and 2020 as a result of this sale?
In: Accounting
Suppose it is known that among all public colleges and universities, 19.7% of them are planning to move their summer 2020 classes online . If a simple random sample of 207 public colleges and universities is selected and the proportion p hat of this sample who are planning to move their summer 2020 classes online determined, if appropriate describe completely the sampling distribution of p hat.
In: Statistics and Probability
Economists at the Reserve Bank of Australia (Australia's central bank) forecast that between 2020 and 2040 the country's nominal GDP will grow by 5% each year. They also predict that the country's debt will grow by 6% between 2020 and 2030 and then will remain unchanged between 2030 and 2040. What do these predictions imply for Australia's debt-to-GDP ratio in 2030 and 2040?
In: Economics
in 2018, camrim corporation purchases 1,000 shares of tresury stock for $11 per share. in 2019 camrim reissues 110 shares of the tresury stock for $13 per share. in 2020, camrim reissues 440 shares of its tresury stock for $8 per share. the journal entry to record the reissuance of tresury stock year 2020 will debit retained earnigns for $______
In: Accounting
ABC company acquires and places in service two assets in March 2020: a forklift (7-year class asset) at a cost of 5000, and a truck (5-year class asset) at a cost of $12000. What is ABC's cost recovery deduction in 2020? Assume ABC is a calendar year taxpayer and does not take Sec.179 expense or first-year bonus depreciation.
In: Accounting
Pharoah company has 6500 shares of 5%, $100 par value, cumulative preferred stock and 13000 shares of $1 par value common stock outstanding in december 31,2020. There were no dividends declared in 2018. The board of directors declares and pays a $61100 dividend in 2019 and in 2020. what is the amoun of dividends recieved by the common stock holders in 2020.
In: Accounting