Justin owens is an analyst for an equity mutual fund that invests in british stocks. at the beginning of 2008, owens is examining domestic stocks for possible inclusion in the fund. one of the stocks that he is analyzing is british sky broadcasting group (london stock exchange: bsy). the stock has paid dividends per share of £9, £12.20, and £15.50 at the end of 2005, 2006, and 2007, respectively. the consensus forecast by analysts is that the stock will pay a dividend per share of £18.66 at the end of 2008 (based on 19 analysts) and £20.20 at the end of 2009 (based on 17 analysts). owens has estimated that the required rate of return on the stock is 11 percent. question: the compound annual growth rate in dividends from 2005 to 2007 inclu­sive (i. e., from a beginning level of £9 to an ending level of £15.50) and the con­sensus predicted compound annual growth rate in dividends from 2007 to 2009, inclusive are: select one: a. 28.2% and 11.2%b. 29.2% and 12.2%c. 30.2% and 13.2%d. 31.2% and 14.2owens believes that bsy has matured such that the dividend growth rate will be con­stant going forward at half the consensus compound annual growth rate from 2007 to 2009, inclusive, computed in part a. using the growth rate forecast of owens as the constant growth rate from 2007 onwards, the value of the stock as of the end of 2007 given an 11 percent required rate of return on equity. select one: a. 325.64b. 375.64c. 425.64d. 475.64

There are three factors that can affect the shape of the treasury yield curve (r* t , ip t , and mrp t ) and five factors that can affect the shape of the corporate yield curve (r* t , ip t , mrp t , drp t , and lp t ). the yield curve reflects the aggregation of the impacts from these factors. suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the us treasury yield curve can take. check all that apply.a. downward-sloping yield curveb. upward-sloping yield curvec. inverted yield curve

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya.jan. 3purchased on account 350 widgets for $11 each.b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c.jan. 10purchased on account 625 widgets for $12 each.d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company.e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered.f.jan. 13paid for the purchases made on jan. 3.g.jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h.jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition.i.jan. 25received payment for the sale made on jan. 5.j.jan. 26paid for the purchases made on jan. 10.k.jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."

At present, the united states has an embargo against north korea because a. the two countries have extremely poor political relations. b. north korea will not adopt a capitalist government. c. north korean products are too difficult to use. d. north korea has an embargo on american products. e. products from north korea are in higher demand than american-made products.