Question
1.Taylor Swift will receive $100,000 each year for the next 25 years as a payment for a new song she has written. If a 10%
1.Taylor Swift will receive $100,000 each year for the next 25 years as a payment for a new song she has written. If a 10% rate is applied, what is the Present Value of all the future cash flows that she will receive? (Note: Answer must be in number, ignore text, Coma; Example: 240)
2.Professor M Rahman has a contract in which he will receive the following dividend payments for the next four years: $1, $2, $3, and $4. He will then receive an annuity of $6 a year from the end of the 5th through the end of the 12th year. The appropriate discount rate is 8%. Calculate the current price of the stock. (Note: Answer must be in number, ignore text, coma and maintain TWO decimal point, Example: 2.40)
3. Apples Inc. sales for 2021 were $4,00,000, and the cost of goods sold was 60% of sales. Selling and administrative expenses was $24,500 and depreciation cost were $10,000 for the year. The tax rate averaged 20 percent. Preferred dividend paid were $15,000; and common dividend were paid $30,000. The firm has 20,000 share of common stock outstanding. *A) Calculate Earning available to common stockholders of Apple Inc. (Note: Answer must be in number, ignore text, Coma; Example: 240)
4.Compute book value (net worth) per share. Assume Fluke Corporation has $55,000 in cash, $95,000 in marketable securities, $150,000 in accounts receivable, $250,000 in accounts payable, $450,000 in notes payable, $580,000 in bonds payable, inventories of $300,000, and net plant and equipment of $1,400,000. There is $270,000 in preferred stock outstanding. 30,000 shares of common stock have been issued. (Note: Answer must be in number, ignore text, Coma; Example: 240)
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