Reference no: EM131371059
Assignment
In a Word document, respond to the following. Number your responses 1-3.
1. Describe the rights and advantages belonging to shareholders.
2. Explain the differences between the Standard and Poor's 500 Index and the Dow Jones Industrial Average. Which is a better measure of stock market performance? Why?
3. Describe the differences between common stock and preferred stock.
Use references to support your responses as needed. Be sure to cite all references using correct APA style. Your responses should be free of grammar and spelling errors, demonstrating strong written communication skills.
Problems
In either a Word document or Excel spreadsheet, complete the following problems.
• You may solve the problems algebraically, or you may use a financial calculator or an Excel spreadsheet.
• If you choose to solve the problems algebraically, be sure to show your computations.
• If you use a financial calculator, show your input values.
• If you use an Excel spreadsheet, show your input values and formulas.
In addition to your solution to each computational problem, you must show the supporting work leading to your solution to receive credit for your answer.
Compute the following:
1. Imagine that on June 4, the Dow Jones Industrial Average closed at 13,598.14, which was up 148.86 points from the previous day's close of 13,449.28. Calculate the return, in percent to four decimal places, of the stock market for June 4.
2. The cost per stock at a brokerage firm is $0.10. Calculate how much money you would need to buy 150 shares of HiTech, Inc., which trades at $18.22.
3. HiTech, Inc.'s growth for the future is forecasted to be a constant 10 percent. HiTech's next dividend is expected to be $1.18. Calculate the value of HiTech stock when the required return is 12 percent.
4. Preferred stock from HiTech, Inc. pays $1.20 in annual dividend. Calculate the value of the stock if the required return on the preferred stock is 4.5 percent.
5. HiTech, Inc. has earnings per share of $1.82 and a P/E ratio of 31.54. Calculate the stock price.
International standards organization certification
: Companies around the world are increasingly committing themselves to attaining International Standards Organization (ISO) certification in a variety of areas, including quality and pollution minimization. Do you think this is just the beginning of a ..
|
Is the production process under control
: A battery manufacturer looks at samples of 30 batteries at the end of every day of production and notes the number of defective batteries. Results are 1, 1, 0, 0, 1, 2, 0, 1, 0, 0, 2, 5, 0, 1. Is the production process under control?
|
Absolute value of deviation from north pole at given moment
: What is the probability that the absolute value of the deviation from the north pole at a given moment will be more than 2.4?
|
Prepare a analysis that describes appropriate stakeholders
: Prepare a analysis that describes the appropriate stakeholders in the case, the ethical issues based on how the action affects stakeholders, and summarize possible decisions for the business based on the effect on stakeholders. Who are the stakeho..
|
How much money you would need to buy shares of hitech
: The cost per stock at a brokerage firm is $0.10. Calculate how much money you would need to buy 150 shares of HiTech, Inc., which trades at $18.22.
|
Construct the chart and interpret the results
: The first 10 batches used to create the chart had the following numbers of defective disks: 8, 7, 6, 7, 8, 4, 3, 5, 5, 8. Construct the chart and interpret the results.
|
Delta baggage handlers have been caught stealing cameras
: Delta baggage handlers have been caught stealing cameras, laptops, iPods, and jewelry from passengers’ bags. How could Delta use technology to deter theft among its employees?
|
The purpose of preserving the employees jobs
: Apollo Inc., a publicly held corporation, has assets of $100 million and annual earnings in the range of $13–$15 million. Apollo owns three aluminum plants, which are profitable, and one plastics plant, which is losing $4 million a year. Would it be ..
|
What are the assumptions underlying the use of the c chart
: Discuss and compare the various control charts discussed in this chapter
|