Sheridan Corp. is a fast-growing company whose management expects it to grow at a rate of 26 percent over the next two years and then to slow to a growth rate of 20 percent for the following three years. If the last dividend paid by the company was $2.15. Required:
a. What is the dividend for the 1st year?
b. What is the dividend for the 2nd year?
c. What is the dividend for the 3rd year?
d. What is the dividend for the 4th year?
e. What is the dividend for the 5th year?
f. Compute the present value of these dividends if the required rate of return is 11 percent.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

What role do business cycles play in a market economy

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?