13.SMR Company earnings before taxes of AED 20 million in year 2020 with tax rate 30percent and expected to increase by 20 percent in 2021 with 3,000,000 shares of stockoutstanding. On January 1, 2021, the firm will issue 1,000,000 new shares. SMRlearnings per share in 2021 will be :

Earnings per share is amount of income available for the shareholders and that much can be…

Answered: 13.SMR Compa percent and exp…

Business

Finance

13.SMR Compa percent and exp outstanding. On learnings per sha

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Related questions

Q: onj on june 15, 2013 , ioleal faremitura eoquipment discardend that Rad a cont d lo, o00$ amd was…

A: Fixed asset: It is a long-term asset used in the business for long period and is depreciated for its…

Q: A e d Duge

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: FIND (X) FOR THE SHOWN CASH-FLOW DIAGRAMS. USE: i. = 9%.

A: We can find the value of X using the PV of annuity due formula as below:In the formula above, PMT =…

Q: Present and future values of $1 at 3% are presented below: N FV $1 PV $1 FVA $1 PVA $1 FVAD $1…

A: The objective of the question is to determine how long Debbie's 401K fund will last if she withdraws…

Q: Define each of the following terms: d. Reorder point; safety stock

A: Reorder point: The reorder point (ROP) is an inventory level which activates an action to refill…

Q: Question: Given the formula for the CD = f/e -1 + (iuK - ius) = 0, if e 2, f = 2.5, iuK = 0.10 and…

A: The covered rate differential refers to the equilibrium between the forward rated differential and…

Q: For the diagram shown, the respective values of n1 and n2 for the following equation are: Po =…

A: Equation Po = 50(P/A,i,n1)(P/F,i,n2) Requirement: Value of n1 and n2

Q: What is the standard deviation of asset M?

A: Standard deviation tells us how much the expected vary from the actual result.

Q: zechwan Gardens, Inc. has been thinking about further expansion of thebusiness. They have $40,000…

A: concept. In present worth method , present value of all the cash flows associated with investment…

Q: Evaluate: $5000(F/A,6%,5) * O 27,480 O 23,500 O 28,200 O 27,185

A: The future value of an amount is the absolute value that will be accumulated in an account after a…

Q: A & B D. Consider a port folio of E CRA) : 207. E CR): 30% 2. assets where nsky = 10% A,B :20% hnd…

A: Solution:- Minimum Variance Portfolio is that portfolio in which the weights of securities are such…

Q: maturity value of the CD?

A: Amount deposited = $100,000 Time period = 3 years Interest rate = 12% compounded quarterly Points…

Q: (Annuity payments) To pay for your child's education, you wish to have accumulated $14,000 at the…

A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…

Q: Shelley wants to cash in her winning lottery ticket. She can either receive fourteen, $200,000…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: 7G 7G 6G 5G 6G 4G 3G 2G G + 1 2 4 6. 7 8 EOY i = 15%/yr. Po + co 5 3.

A: The Present Value of a cash stream: The equivalent current value of a sum of money to be received…

Q: Zor the Cagsh Flow showon, the value of A Cachen 1-15, és. 10000 A 2 A $ 1633.9 26 23.9 erelolo 16…

A: The present value analysis refers to the analysis of cash flows. The cash flows can be inflows and…

Q: PA13. LO 5.3 Using the following Balance Sheet summary information, for the two years presented…

A: Solution:- Calculation of current ratio and working capital as follows:-

Q: What is the name principal future value a. b. Ob

A: Annuity refers to a series of payments that are made at equal intervals of time.They can be…

Q: The accumulation function for fund X is given by: ax(t) = 1 + 0.5t. The accumulation function for…

A: We have the accumulation function for two funds. At a given time T, they have the same force of…

Q: The investor wants to invest in the purchase of an office building. He suggests he can rent it out…

A: Time value of money concept is based on the premise that money today has more value than the same…

Q: Whatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%? 1.(a)…

A: The given problem can be solved using PV function in excel. PV function computes current price for…

Q: The tree diagram in figure below describes the uncertain cash flows for an engineering project. The…

A: Answer) The tree diagram shows a starting node (A) showing a value of -$27,000 and gives rise to…

Q: The portfolio turnover for Fund 1 is closest to: Average Daily Assets Purchases Sales Select one O…

A: Portfolio turnover is a measure of how frequently assets within a fund are bought and sold over a…

Q: Question # 17 O Revisit Choose the best option Which of the following formula best describes the…

A: Acid test ratio = Quick assets / Current liability where, Quick assets = Current assets - Stock

Q: Present and future value tables of $1 at 3% are presented below. PVAD $1 N FV $1 PV $1 1 1.03000…

A: It is a question that requires calculating the initial deposit so that its value becomes $50000 in 5…

Q: #E=P28,091.16 and N = P11,213.00, what is the value of D? Note: E= Total Earnings D-Deduction N =…

A: Formula: Net pay = Total earnings - Deductions

Q: Determine the FW of the foliowing engineering project when the MARR is 18% por year. Is the project…

A: From the given information, Annual net benefit ($) = Receipt - Expense = 7,500 - 3,000 = 4,500 FW…

Q: 70. After realization of investment balance of sinking fund adjustment account is transferred to A.…

A: The objective of the question is to identify the account to which the balance of the sinking fund…

Q: Determine the present value of the following single amounts (EV of $1. PV of S1. EVA of S1 EVA.of…

A: Present Value refers to the discounted value of a single cash flow or multiple cash flows today…

Q: Windsor Enterprises is using a discounted cash flow model Identify which model Windsor might use to…

A: The time value of money is a concept related to the change in the value of money as time passes. The…

Q: What is i with the given, G = $7,500, P= $254,110, and n=10? Select one:

A: G is gradient, PV is present value, i is interest rate and n is time period

Q: FV(Semi.) = $100(1.06)10 = $

A: We need to use future value formula to calculate future value of money invested today. FV=PV(1+i)n…

Q: what is the value of N?

A: Net pay is the pay which has been received by the employee from the employer in hand means net pay…

Q: =18%+ (19%-18%)*(429.4/(429.4+162.06), on this calculation 18% + 1% = 19% Why did it remain 18% on…

A: Here, Year Project cash flow (Birr) 0 (25,000) 1 5,000 2 7,000 3…

Q: The factor value of (F/A,10%,5) is a. 3.7908 Ob.6.1051 Oc. 0.16380 Od.0.26380

A: The present value interest factor (PVIF) is a formula for calculating the current value of money…

Q: Exercise 3: Distribution of dividends The RESISTENCIA corporation has as of December 31, 20x3,…

A: Preferred stocks are paid befor the equity stock and payment of dividend to preferred stock is…

Q: ctionsfromcustomers..... ? ? 125 ? 391 Totalcash available................... 85 ? ? ? ? Less…

A: Cash budget: Cash budget means expected cash receipts and expected cash payment with opening and…

Q: hatiseachofthefollowinginvestmentsworthtodayassuminganannualdiscountrateof 7%?…

A: Given information : Interest rate 7% Periodic payment (pounds) 60 The value of the…

Q: cost of textbooks

A: Given that three variables X, Y and Z.

Q: The following information relates to four assets: Probability Return on E Return on F Return on G…

A: Step 1: Expected return on each asset value = P1.R1 + P2.R2 + . . . + Pn.Rn Step 2: Variance on…

Q: At the end of each quarter, Patti deposits $1,600 into an account that pays 12% interest compounded…

A: Deposit amount = $1600 Interest = 12% Compounding = Quarterly Quarterly interest rate = 12%/4 = 3%…

Question

13.SMR Company earnings before taxes of AED 20 million in year 2020 with tax rate 30
percent and expected to increase by 20 percent in 2021 with 3,000,000 shares of stock
outstanding. On January 1, 2021, the firm will issue 1,000,000 new shares. SMR
learnings per share in 2021 will be :

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

Define Profi t and loss (P&L) statement
Calculate the arithmetic average of the following returns. Year Return1 0.12 20.16 3 0.24 4 0.13 50.02 Enter the answer with 4 decimals, e.g. 0.1234.
For the following set of cash flows, Year Cash Flow -$ 7,300 3,400 3,900 3,900 a. What is the NPV at a discount rate of 0 percent? 1 01N3 NA VE 2 NPV 11 KIMU7 < Prev 4
Hambelton Ltd. issued $5,000,000 of 5% bonds payable on 1 September 20X9 to yield 4%. Interest on the bonds is paid semi-annually and is payable each 28 February and 31 August. The bonds were dated 1 March 20X8, and had an original term of five years. The accounting period ends on 31 December. The effective-interest method is used. (PV of $1, PVA of $1, and PVAD of $1.) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price at which the bonds were issued. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount.) Price of Bond 2. Prepare a bond amortization table for the life of the bond. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no cells blank - be certain to enter "O" wherever required.) Interest Interest Premium Unamortized Net Bond Date Payment Expense…
bdhdhdjdjdjjdis plz dont answer current ration in the following: Current Asset $20000., Current Liability $20000
Round to four decimal places.
Present and future values of $1 at 3% are presented below: N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 5 1.15927 0.86261 5.3091 4.57971 5.4684 4.71710 6 1.19405 0.83748 6.4684 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 1.30477 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Rosie's Florist borrows $300,000 to be paid off in six…
Question: Which of the following statement is WRONG? O dA "forward foreign exchange contract" is an agreement to exchange one currency for another on some date in the future at a price set now. O b. "Speculation" is taking an action to increase exposure to exchange rate risk. An international investment is "covered" if it is hedged. od. A person is exposed to exchange rate risk if the value of his/her income changes if exchange rates in the future change in ways that are not expected. e "Hedging" is taking an action to increase exposure to exchange rate risk.
ote: Total Aet-Cuat linbiwbe Accumulated fundo tthistoation: The recepts and gagmetsalleunte of Liar c for the you Balane If Sub saptindn knded 2lst Delamt 1999 Wee ce Inserrance Rate l,000 ting 3,650 L, 700 600 Glavenalerpanes 6itor Reut fnnitume Sought lana /d 27,250 Sonatins 8,500 8,150 7,80 2,St0 27250 The fillowing nformetim Rates were 3600 2,F00 popaid Geneal Raputes prepaid Doo Raut Buing Subsaptim in Qureas 100 75 Foo 600 The foced assets funituns Cnd fifting Premies bepreciate thu Asets as at Ist jan 999 were; at1,500 A5,00 by o pepare; Youre veequired to Statemat of affats - m Come and"copenditwe allounts 2 Balane sheetas at 3lst Delember 1999,
The percent of increment from 9500 to 10141.25 is Select one: O a. 0.0675% O b. 0.0632% Oc 6.32% O d. 6.75% O e. None of the above
Assume that USD 1 is equal to JPY 98.56 and also equal to CAD 1.22. Based on this, the CROSS-RATE is:
An able account is a type of 529 plan intended to benefit?

Recommended textbooks for you

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

Essentials Of Investments

Finance

ISBN:

9781260013924

Author:

Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:

Mcgraw-hill Education,

FUNDAMENTALS OF CORPORATE FINANCE

Finance

ISBN:

9781260013962

Author:

BREALEY

Publisher:

RENT MCG

Financial Management: Theory & Practice

Finance

ISBN:

9781337909730

Author:

Brigham

Publisher:

Cengage

Foundations Of Finance

Finance

ISBN:

9780134897264

Author:

KEOWN, Arthur J., Martin, John D., PETTY, J. William

Publisher:

Pearson,

Fundamentals of Financial Management (MindTap Cou…

Finance

ISBN:

9781337395250

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

Corporate Finance (The Mcgraw-hill/Irwin Series i…

Finance

ISBN:

9780077861759

Author:

Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS