What is the amount of cash payments for inventory that Lester will report in the Operating Activities section of its 2017 statement of cash flows assuming that the direct method is used?
January 3, 2018
Evaluate the following statement: Whether a company uses the direct or indirect method to report cash flows from operations is irrelevant because the amount of cash flow from operating activities is the same regardless of which method is used.
January 3, 2018

Determine the theoretical price Amy paid for the stock to earn an expected annual yield of 10%.  

Finance Basics

Amy purchases a preferred stock that pays quarterly dividends. The first quarterly dividend of $1 will be paid one quarter (three months) from today. At the end of each 4-quarter period, the quarterly dividends are assumed to increase by 2%. Determine the theoretical price Amy paid for the stock to earn an expected annual yield of 10%.

 

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