Microsoft Corporation reported earnings of $7.34 per share in the most recent 12-month period and has just paid annual dividends per share of $2.24. Earnings are expected to grow at 12% a year for three years, during which period the dividend payout ratio is expected to remain unchanged from its current level. After that period, the earnings growth rate is expected to drop to 6% and the payout ratio is expected to increase to 60% of earnings. The firm has a beta of 0.8 currently, and it is expected to have a beta of 0.7 after it increases its payout ratio. If the term structure of riskfree interest rates is flat at 2.6% and the market risk premium is 8%, what should the price per share of Microsoft be

Archangel manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. the production details for the year are given below. calculate the manufacturing overhead allocation rate for the year based on the above data. (round your final answer to two decimal places.) a) 42.42% b) 257.14% c) 235.71% d) 1, 206.90% archangel production details.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Describe three scenarios in which you might utilize mathematics to investigate a crime scene, accident scene, or to make decisions involving police practice. be sure to explain how math is used in police as they work through each scenario.