Medici Banking plc., is experiencing a period of rapid growth. Earnings and dividends per share are expected to grow at a rate of 17 percent in the first year, 18 percent during the second year, 15 percent in the third year, and 4 percent thereafter. Yesterday, Medici paid a dividend of £1.25. If the required rate of return on the stock is 10 percent, what is the price of a share of the stock today?

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Which of the following services will be provided by a full-service broker but not by a discount broker? i. research of potential investment opportunities ii. purchase and sale of stock at your request iii. recommendation of investments a. i and iii b. ii only c. iii only d. i, ii, and ii