HAW, Inc plans to pay a $1.10 dividend per share in 3 months and a $1.15 dividend in 6 months. HAW's share price today is $45.60 and the continuously compounded quarterly interest rate is 2.1%
What is the price of a forward contract, which expires immediately after the second dividend?
A) $45.28
B) $45.96
C) $45.60
D) $46.24
A
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Specific IT assets support an organization's strategic objectives
Indicate whether the statement is true or false
During August, Boxer Company sells $358,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty liability account has a credit balance of $12,600 before adjustment. Customers returned merchandise for warranty repairs during the month that used $9200 in parts for repairs. The entry to record the estimated warranty expense for the month is:
A. Debit Estimated Warranty Liability $17,900; credit Warranty Expense $17,900. B. Debit Estimated Warranty Liability $9200; credit Warranty Expense $9200. C. Debit Warranty Expense $14,500; credit Estimated Warranty Liability $14,500. D. Debit Warranty Expense $5300; credit Estimated Warranty Liability $5300. E. Debit Warranty Expense $17,900; credit Estimated Warranty Liability $17,900.
Stephen wants to ensure that his goals for his department are relevant. According to the text, he should ask ______.
A. who else is doing this? B. when will it be completed? C. how does this fit in with the broader mission of the organization? D. how will we accomplish this?
U-shaped groupings of workers and machines that improve materials handling and flow are known as
a. manufacturing cells. b. efficiency stations. c. multi-flow modules. d. productivity islands.