This topic contains a solution. Click here to go to the answer

Author Question: You are planning to purchase the stock of Ted's Sheds Inc and you expect it to pay a dividend of 3 ... (Read 41 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
You are planning to purchase the stock of Ted's Sheds Inc and you expect it to pay a dividend of 3 in 1 year, 4.25 in 2 years, and 6.00 in 3 years. You expect to sell the stock for 100 in 3 years.
 
  If your required return for purchasing the stock is 12 percent, how much would you pay for the stock today?
  A) 75.45
  B) 77.24
  C) 81.52
  D) 85.66

Question 2

Cash and Equivalents are 1,561; Short-Term Investments are 1,052; Accounts Receivables are 3,616; Accounts Payable are 5,173; Short-Term Debt is 288; Inventories are 1,816; Other Current Liabilities are 1,401; and Other Current Assets are 707.
 
  What is the amount of Total Current Liabilities?
  A) 8,752
  B) 6,974
  C) 6,862
  D) 6,574



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

C

Answer to Question 2

Answer: C
Explanation: C) Total Current Liabilities = Accounts Payable + Short-Term Debt + Other Current Liabilities = 5,173 + 288 + 1,401 = 6,862.




jlmhmf

  • Member
  • Posts: 552
Reply 2 on: Jul 10, 2018
Gracias!


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library