Note 3: _____________ are not free either.

Given the following estimated financial results, value the stock of FishnChips, In

A., using the infinite period dividend discount model (DDM).

· Sales of $1,000,000.

· Earnings of $150,000.

· Total assets of $800,000.

· Equity of $400,000.

· Dividend payout ratio of 60.0%.

· Average shares outstanding of 75,000.

· Real risk free interest rate of 4.0%.

· Expected inflation rate of 3.0%.

· Expected market return of 13.0%.

· Stock Beta at 2.1.

The per share value of FishnChips stock is approximately: (Note: Carry calculations out to at least 3 decimal places.)

B.Unable to calculate stock value because ke

D.$17.91.

E.$26.86.

Would this be acceptable？

(1)( )Yes (2)( )No

(Note: The additional costs, if any, were included in the freight, and the credit does not state that additional costs to freight are not acceptable. )

听力原文：(M) Would you like me to make an appointment for one of our staff to visit you？ He'll be able to advise you on the best type of equipment and software packages to suit your particular business. He can also talk to you about installation and he'll take note of any restrictions in the office space and as part of our promotional campaign, the installation service is free of charge.

(17)

A fiberglass bracket ABCD with a solid circular cross section has the shape and dimensions shown in the figure. A vertical load P = 40 N acts at the free end D. (a) Determine the minimum permissible diameterof the bracket if the allowable bending stress in the material is 30 MPa and b = 37 mm . Note: Disregard the weight of the bracket itself. (b) If d =10 mm , b =37 mm , and= 30 MPa , what is the maximum value of load P if vertical load P at D is replaced with horizontal loads P at B and D (see fgure part b)？

Westwood Hotel

As part of our commitment to provide the best service to our guests, routine maintenance on the water delivery system and pumps is scheduled to take place for the following date and time:

Tuesday, January 7th

9:00 a.m.-2:00 p.m.

During the above period, water supply in the hotel may be stopped temporarily. After the maintenance work is performed, the water may become discolored due to the sediment in the supply system. If this happens, please run the water for a while until it becomes clear again. If the water does not run clear after 3 minutes, please inform. us of this problem, and then our maintenance personnel will take an immediate action. (Please note that decolorization itself does not pose a risk to health.)

In addition, the water pressure may fluctuate during the period of maintenance. Thus, we would appreciate it if you could shut off all the faucets in the tub and sink securely before leaving the room to prevent possible flooding.

If you would like to have more information on this, please feel free to call the front desk. We apologize for any inconvenience that this may cause. We wish you a very pleasant stay with us here at Westwood.

Why will there be interruptions in the water supply？

A．The water delivery system in the hotel is broken.

B．The water has been found to be contaminated.

C．A scheduled maintenance work will be carried out.

D．A new water delivery system will be installed.

s of the parking garage. You must have a parking sticker clearly displayed on the front left windshield of your car in order to park there. Parking stickers are available free of charge from the security office upon presentation of your employee identification card. Cars without parking stickers or with improperly displayed stickers will be ticketed and towed. Please take note of the following: the yellow spaces near the door are reserved for management, and the blue spaces are for all other employees. The red spaces are reserved for maintenance vehicles. Employees or visitors parking in the red spaces with or without parking stickers will have their cars ticketed and towed.

How many levels are reserved for employee parking？

A．One.

B．Two.

C．Three.

D．Four.

ASB’s Conceptual framework for financial reporting.

Which of the following accounting treatments correctly applies the principle of faithful representation？

A.Reporting a transaction based on its legal status rather than its economic substance

B.Excluding a subsidiary from consolidation because its activities are not compatible with those of the rest of the group

C.Recording the whole of the net proceeds from the issue of a loan note which is potentially convertible to equity shares as debt (liability)

D.Allocating part of the sales proceeds of a motor vehicle to interest received even though it was sold with 0% (interest free) finance

Hey APSers! Let's show off what we've acquired during the past 8 weeks! For Pre 2, give a 3-minute persuasive speech on ONE of the three topics below.Please start early, so that you can fully prepare: research, decide and organize main points, find/select supporting materials, write up the draft, design opening and closing, empower it verbally, plan delivery, rehearse, and then you're ready to be heard! [APPLAUD] During this process, let our "Persuasive Speech Preparation Worksheet" and "Pre 2 Scoring Sheet" be of help (See under "7.5 Pre 2 Instructions and Help"). Any questions, feel free to ask under Session 7.5 as well. When you're ready, paste your speech script in the box and upload your audio/video here. Please note: 1. Your audio(mp3 file)/video(needs to be compressed first) should be named after your MOOC ID. 2. [JUMP] This Pre 2 is also your contribution to our APS Speech Contest. We're giving out "Best Voice", "Best Language" and "Best APS Speech" awards respectively to 3 of you. The awards (SISU souvenirs) will be posted to you when delivery services go back to normal. Sooo looking forward to hearing the speaker you!

ies with kids. We guarantee youll get your king crabs in 20 minutes__10____your meal is on us! Our meals include hand-cut french-fries, a healthy salad bar selection and a variety of soft drinks. Apply today to become a member of our restaurant. Every time you visit, a stamp will be put on your membership card.__11____10 visits you will receive a free lobster meal. Members will receive a 10% discount on Blue Ocean merchandise like T-shirts and caps with our Blue Ocean logo. Members will also get priority seating when the restaurant is crowded and a free apron to take home. The members club___12___ an annual membership fee of $30. Please note that the membership card cannot be used to pay for meals; it is not a credit card.

We guarantee youll get your king crabs in 20 minutes__10____your meal is on us!

A.for

B.and

C.or

D.else