Travelers to Japan should expect some differences in hotel accommodations

A financial analyst expects Crane Service Inc to pay a dividend of $2 per share one year from

today, a dividend of $3 per share in years two, and estimates the value of the stock at the end of year two to be $22. If your required return on Crane Service stock is 14 %, what is the most you would be willing to pay for the stock today if you plan to sell the stock in two years? A) $20.99 B) $27.00 C) $26.75 D) $26.90

If Net Sales is $10,000, Cost of Goods Sold is $5,000, Gross Profit is $5,000 and Operating Expenses are $1,000, what is the Net Income from Operations?

A) $2,000 B) $4,000 C) $1,000 D) $3,000