8.67% e. 7.89% 5. Johnson ’s preferred stock pays a dividend of $1.25 per quarter‚ and it sells for $60.00 per share. What is its effective annual (not nominal) rate of return? a. 8.32% b. 6.82% c. 7.03% d. 8.60% e. 7.47% 6. Bankston Corporation forecasts that if all of its existing financial policies are followed‚ its proposed capital budget would be so large that it would have to issue new common stock. Since new stock has a higher cost than retained earnings‚ Bankston
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FIN-516 WEEK 1 – HOMEWORK ASSIGNMENT Steven Kelley 5/8/13 Problem Based on Chapter 14‚ Residual Dividends Middlesex Plastics Manufacturing had 2011 Net Income of $15.0 Million. Its 2012 Net Income is forecast to increase by 8%. The company’s capital structure has been 35% Debt and 65% Equity since 2010‚ and the company plans to maintain this capital structure in 2012. The company paid $3.0 Million cash dividends in 2011. The company is planning to invest in a major capital project in
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Haley Romeros had just been appointed vice president of the Rocky Mountain Region of the Bank Services Corporation (BSC). The company provides check processing services for small banks. The banks send checks presented for deposit or payment to BSC‚ which records the data on each check in a computerized database. BSC then sends the data electronically to the nearest Federal Reserve Bank check-clearing center where the appropriate transfers of funds are made between banks. The Rocky Mountain Region
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1. Get new review forms and let the new review forms list a few goals for the employee to reach before the next review. 2. Another idea is a peer review‚ which would have everyone in the office fill out a review for each other but not put their name on the top. Then the person giving the review can put these together and get a better feel for how the people that work with the employee each day think they are doing. 3. Take Warren’s advice and expand the numbers to 10 to give the reviewer
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CanGo has moved from a small startup to a recognized growth company having a recent IPO offering. CanGo is currently lacking in a critical area for any business. It needs to focus on Strategic Planning. Strategic Planning will benefit CanGo by allowing it to: 1. Clearly define its goals consistently with its Mission and Vision statement. 2. Communicate effectively its goals to all of the organization. 3. Provide a foundation on which to direct future efforts. CanGo has the layers for a hierarchical
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1. Do you agree with Virgin ’s market diversification strategy? If so‚ what other markets should they pursue? If you disagree‚ what should be their business focus? Diversification is most commonly understood through the financial world‚ where one should have a diverse range of investments. Mixing funds that are countercyclical – the performance of certain funds is not correlated to the performance of others. Usually when one set of funds are down‚ the value of another set of funds is up. This
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Strayer University CIS-515 assignment2: Database Systems and Database Models QUE 1: SELECT Employee.EmpNumber‚ Employee.EmpFistName‚ Employee.EmpLastName‚ EmployeeCommision=Employee.EmployeeCommissionRate*MTPUC AS EmployeesCommision FROM Employee; QUE 2: SELECT Employee.EmpNumber‚ Employee.EmpFistName‚ Employee.EmpLastName‚ EmployeeCompensation=Employee.EmployeeCommissionRate*MTPUC+Employee.yrlySalary+Benefitss AS EmployeesCompensation FROM Employee WHERE (Employee.EmpNumber=Employee
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Homework Problems Professor Hubler 07/12/2015 1. When an investor uses the equity method to account for investments in common stock‚ cash dividends received by the investor from the investee should be recorded as? D. A deduction from the investment account DI. DII. Sisk Company has owned 10 percent of Maust‚ Inc.‚ for the past several years. This ownership did not allow Sisk to have significant influence over Maust. Recently‚ Sisk acquired an additional 30 percent of Maust and now will use the
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Leslie S Wakefield Employment Law of Business Mrs. Marianne Graham Week 6 Homework Determine whether the employee has a potential FLSA claim. Explain the legal basis for your conclusion. From an HR perspective list‚ explain and analyze five things an employer can do to insure compliance with FLSA and avoid claims. Based off the information I read and how I interpreted the information. I don’t believe that Mike Murphy has a potential claim under FLSA. According to the
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People who borrow to purchase a house or a car are worse off because it costs them more to finance their purchase; however‚ savers benefit because they can earn higher interest rates on their savings. 5- What effect might a fall in stock prices have on business investment? The lower price for a firm’s shares means that it can raise a smaller amount of funds‚ and so investment in plant and equipment will fall. 6- What effect might a rise in stock prices have on consumers’ decisions to spend? Higher
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