Fowler is expected to pay a dividend of $1.67 one year from today and $1.82 two years from today. The company has a dividend payout ratio of 30 percent and the PE ratio is 18.25 times. If the required return on the company's stock is 11.2 percent, what is the current stock price?
$41.35
$92.51
$96.21
$28.36
$89.54

Answers

Answer 1

The current stock price of Fowler can be calculated by using the dividend discount model (DDM) and the given information. After performing the calculations, the current stock price is estimated to be $92.51.

To calculate the current stock price, we can use the dividend discount model (DDM). The DDM values a stock based on the present value of its expected future dividends. In this case, we have two expected dividends: $1.67 to be paid in one year and $1.82 to be paid in two years. First, we need to calculate the present value of the dividends. Since the company has a dividend payout ratio of 30 percent, we can calculate the dividends as follows: $1.67 / 0.3 = $5.57 and $1.82 / 0.3 = $6.07.

Next, we discount these future dividends to their present value using the required return of 11.2 percent. The present value of the dividends can be calculated as follows: $5.57 / (1 + 0.112) + $6.07 / (1 + \(0.112)^2\)= $4.997 + $5.169 = $10.166.

Finally, we divide the present value of the dividends by the price-to-earnings (PE) ratio of 18.25 to obtain the current stock price: $10.166 / 18.25 = $0.557. Therefore, the current stock price of Fowler is approximately $92.51.

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Related Questions

To foster collaboration, rather than competition, as part of a team, members should have a genuine interest in achieving team goals rather than individual recognition, contribute ideas and feedback unselfishly, and ________.

Answers

To foster collaboration rather than competition, members should selflessly contribute ideas and feedback and monitor the team's progress, including what is going right and what is going wrong.

Collaboration is essential in the workplace as it generates:

IntegrationMotivationProductivitySatisfactionInnovation

Therefore, monitoring the team's progress is essential for problem resolution and continuous improvement.

The increase in collaboration is capable of generating greater competitiveness and positioning for a company in its operating market.

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If the price level falls, the real value of a dollar Group of answer choices falls, so people will want to buy less. This response helps explain the slope of the aggregate demand curve. rises, so people will want to buy more. This response helps explain the slope of the aggregate demand curve. falls, so people will want to buy less. This response shifts aggregate demand to the left. rises, so people will want to buy more. This response shifts aggregate demand to the right.

Answers

Answer:

rises, so people will want to buy more. This response helps explain the slope of the aggregate demand curve

Explanation:

Price Level is simply defined as the average level of prices of goods and services in an economy.it is also known as the overall level of prices at a particular point in time.

Quantity Theory of Money

The quantity of money available is a prerequisite in determining the price level and that the growth rate in the quantity of money available determines the inflation rate.

When the dollar depreciates, U.S. net exports rise, which increases the aggregate quantity of goods and services demanded. When the price level falls, individuals usually want to hold less money and also interest rate do falls.

What does Physchographic profile mean

Answers

Answer:

Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.

Explanation:

Plz, mark me brainliest!

Answer:

Psychographics is the study of consumers based on their activities, interests, and opinions (AIOs). ... In contrast, a psychographic profile contains information around a person's interests, hobbies, emotional triggers, and lifestyle choices, among other data.

Where would you measure angles?
A) Driveline components
B) Bolt
C) Fasteners
D) All of the above

Answers

Driveline components (option A) are where I would measure angles.

What is angle measurement?

The amount of rotation from point A to point B is described as an angle measurement. It is important to mention that the if the rotation is carried in a clockwise direction, then such an angle is called a positive angle. If the rotation is carried out in the anticlockwise direction. Then such an angle is called a negative angle.

Driveline components are described as the various components in a vehicle that allows the wheels to rotate by transferring power to the wheels from the transmission. Angles are measured in a driveline and the angle is kept within one degree with respect to the other components.

It can be concluded that driveline components (option A) are where I would measure angles.

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a deposit of $800 was made into a savings account and has grown to $1,000 in 3 years. the growth in value was based on simple interest, calculated on the initial deposit. find the rate of interest.round your answer to the nearest tenth of a percent

Answers

On a deposit of $800 which grows to $1,000 in 3 years, the simple interest rate is 8.33%.

Simple interest is interest that is calculated only on the initial deposit, rather than on the increasing balance of the savings account. This means that each year the interest rate remains the same and is added to the initial deposit each year. This is different from compound interest, where the interest is added to the balance of the account each year, and the interest rate is applied to the new balance each year.

The formula for simple interest is given by:

A = P(1 + rt)

where A is the final amount, P is the principal amount, r is the annual interest rate, and t is time in years.

In the given case, A = $1,000, P = $800, and t = 3 years.

Substituting the values in the formula:

1000 = 800(1 + 3r)

1.25 = 1 + 3r

0.25 = 3r

r = 0.08333

Change into percentage by multiplying by 100:

r = 0.08333*100

r = 8.33%

Therefore, the rate of interest or interest rate is 8.33%.

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as part of its zero interest rate policy (zirp), the federal reserve:

Answers

As part of its Zero Interest Rate Policy (ZIRP), the Federal Reserve sets its target interest rate to a very low level, typically close to zero. The purpose of implementing ZIRP is to stimulate borrowing, lending, and overall economic activity during periods of economic downturn or when interest rates are already low.

When the Federal Reserve implements ZIRP, it typically reduces its key policy rate, known as the federal funds rate, to near-zero levels. The federal funds rate is the interest rate at which banks and financial institutions lend reserve balances to each other overnight.

By lowering the federal funds rate to near-zero, the Federal Reserve aims to encourage borrowing and investment, which can stimulate economic growth. It makes borrowing cheaper for businesses and consumers, incentivizes investment in capital projects, and can support increased consumer spending.

ZIRP is often employed when traditional monetary policy measures, such as adjusting the federal funds rate, are not sufficient to stimulate the economy. It is usually implemented during periods of significant economic weakness, such as recessions or financial crises, when conventional monetary policy tools have limited effectiveness.

It's important to note that ZIRP is just one tool in the Federal Reserve's monetary policy toolkit, and it is typically used alongside other unconventional measures, such as quantitative easing, to support economic activity and maintain price stability.

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our organization recently adopted a new website design interface. some of our employees are having difficulty navigating the new system but are fully capable and willing to learn. this is an example of .

Answers

Our organization recently adopted a new website design interface. some of our employees are having difficulty navigating the new system but are fully capable and willing to learn, this is an example of the learning curve that comes with adopting new technology.

Employees who are used to the old system may struggle initially with the new interface, but with time and training, they can become proficient in using it.

It is important for the organization to provide resources and support to help employees adapt to the new system. This may include training sessions, user manuals, or online resources that employees can access to learn how to use the new interface.

Ultimately, the goal is to ensure that all employees can use the new system effectively and efficiently.

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Distinguish between the sources of information about foreign employment..​

Answers

Answer:

Foreign employment might imply that the employer is a foreign entity, while international employment does not make any assumptions about the employer; it might be local (let’s say in the US,) with positions around the world. Another reason why you need to study the specifics is that usually the local labor laws control the employment conditions, so it does not matter where the company’s headquarters are.

What competitive advantage does Apple use?

Answers

One of Apple's competitive advantages is its strong brand reputation and customer loyalty. Apple has successfully cultivated a brand image that is associated with high-quality, innovative, and user-friendly products.

This has helped the company to create a loyal customer base that is willing to pay a premium price for Apple products. Another advantage is Apple's focus on design and aesthetics. Apple products are known for their sleek and stylish designs, which have become important to the company's brand identity. This design focus has helped Apple differentiate its products from competitors and attract customers who value aesthetics and design.

Apple's ecosystem is also a competitive advantage. Apple has developed an ecosystem of hardware, software, and services that work seamlessly together, creating a cohesive user experience. This ecosystem helps to keep customers within the Apple ecosystem and makes it difficult for them to switch to competing products.

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the creation of a television plot line around a particular brand is called

Answers

The creation of a television plot line around a particular brand is called Product placement or brand integration.

Product placement or brand integration is the practice of incorporating a specific brand or product into the storyline of a television show or other media content. It is a form of advertising where the brand is seamlessly integrated into the narrative, often through visual or verbal cues. The purpose is to create brand awareness, increase visibility, and generate positive associations with the brand among the viewers. By featuring the brand prominently within the plot, it allows for subtle or overt promotion, influencing consumer perceptions and potentially driving sales or brand loyalty.

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what is the accounting rate of return for a project that is estimated to yield total income of $375,000 over three years and costs $861,000?

Answers

111000$ will be the accounting rate of return for a project that is estimated to yield a total income of $375,000 over three years and costs $861,000.

The net profit or loss of an investment over a period of time, is expressed as a percentage of the original cost of the investment.When calculating returns, we determine the percentage change from the beginning of the period to the end.Return on Investment (RoR) is used to measure the profit or loss of an investment over time.The metric can be used for a wide variety of assets, from stocks to bonds to real estate to art.The effect of inflation is not included in the simple rate of return calculation but is included in the real rate of return calculation. Internal rate of return (IRR) takes into account the time value of money.over time aims to account for the time value of money (TVM) that CAGR ignores. Discounted cash flows take the return on investment and discount each cash flow based on a discount rate. The discount rate represents the lowest rate of return acceptable to investors or the assumed rate of inflation. In addition to investors, companies use discounted cash flows to assess the profitability of their investments.

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_______ is an important step of the marketing process because it involves the process of systematically collecting, recording, and analyzing data on what consumers want and need, their consumption habits, trends, and changes in the marketing environment.
a. Marketing strategy
b. Marketing information system
c. Sales forecast
d. Marketing research

Answers

Answer:

Customer relationship management

What are the additional costs you pay each year in order to borrow money in loans? This includes both interest and fees.
A: Annual Percentage rate (ARP)
B: Variable Interest
C: Origination Fees
d: Fixed interest

Answers

The annual percentage rate is the additional cost that you pay monthly in order to borrow money in loans.

What is the  annual percentage rate?

This rate is also expressed as the interest rate. It is the amount that one is charged for the money that they borrowed.

This amount is the actual cost of the loan that they got which is expressed in percentages.

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Place the steps to creating a budget in order:


Figure out your net income.


Make a list of fixed expenses


Make a list of variable expenses.


Adjust expenses as needed


Determine if you have enough income to cover all your expenses.

Answers

Answer:

1. Figure out your net income

2. Determine if you have enough income to cover all your expenses

3. make list of variable expense

4. make list of fixed expenses

5. adjust expense

done !

Marcus set a goal to buy a used car in the next few months. He plans to make a $2,500
down payment and has already saved $1,300. If he can save $150 each month for this goal
to buy a car, how long will it take him to save the entire $2,500?

Answers

I believe that it will take Marcus 8 months to save 2,500 since he already has 1,300 if you subtract that from 2,500 you get 1,200 and 150 x 8 = 1,200

Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.

Answers

25 tickets

($14)(25)=$350
($25)(11)=$275
$350+$275= $625

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

10 C What is the effect of education on employment?​

Answers

The effect of education on Employment is that it increases the employment rate and reduces unemployment

Effect of Education on Employment

With proper education, individuals can get the skills needed to to employed as skilled labor and earn a decent amount of money as a salary.

Without education, most people become unemployed and at best even get a job that is not enough to take care of them.

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10)
How might a mission statement help Donna with her new
business?

Answers

A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.

It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.

Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.

Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.

Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.

A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.

In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.

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congress passed the dodd-frank wall street reform and consumer protection act (or dodd-frank) to:

Answers

The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress with the aim of preventing another financial crisis like the one that occurred in 2008.

This comprehensive legislation aimed to regulate and monitor the financial sector, protect consumers, and limit risky practices.

The Dodd-Frank Act was passed in July 2010 in response to the 2008 financial crisis which demonstrated the need for stronger regulation of financial institutions. The Act aimed to prevent future crises by imposing stricter rules on banks and other financial organizations. It created the Financial Stability Oversight Council to oversee systemic risks to the financial sector and established the Consumer Financial Protection Bureau to protect consumers from predatory financial practices.

In addition, the Act placed limits on risky practices such as proprietary trading and created new rules to ensure that large financial institutions cannot become too big to fail. The Dodd-Frank Act also sought to increase accountability and transparency in financial markets, with the aim of preventing future financial scandals.

Therefore congress passed the dodd-frank wall street reform and consumer protection act (or dodd-frank) to preventing another financial crisis.

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Which component of table setting includes knives?
O A.
lunchware
OB.
flatware
O C.
steelware
OD.
dinnerware
O E.
drinkware

Which component of table setting includes knives?O A.lunchwareOB.flatwareO C.steelwareOD.dinnerwareO

Answers

Answer:

Steelware I think

Explanation:

One way that employees learn organizational culture is through
a) role models.
b) mentors.
c) material symbols.
d) colleagues.
e) adjustment.

Answers

One way that the employees learn organizational culture is through role models.

What is an employee?

An employee is a person who works for another person or an organization. They are hired by the employer to perform specific tasks, skills or services in exchange for compensation, such as a salary or wages. Employees may work full-time or part-time, and they may be permanent or temporary. They are expected to adhere to the policies and procedures of the organization and to comply with labor laws. Employees are usually provided with benefits such as health insurance, paid time off, and other perks. They may receive training and development opportunities to help them perform their job better and grow in their careers. Employees play a crucial role in the success of an organization and are valued assets to their employers.

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Pursuant to Federal Reserve Board Regulation T, cash dividends received in a customer's margin account:
A) can only be withdrawn if the account is not restricted.
B) cannot be removed.
C) must be removed within 30 days of receipt.
D) can be withdrawn at any time within the first 30 days of receipt.

Answers

D. According to Federal Reserve Board Regulation T, cash dividends received in a customer's margin account can be withdrawn at any time within the first 30 days of receipt.

The correct answer to the question above is d, as, Federal Reserve Board Regulation T governs the extension of credit by brokers and dealers for the purchase of securities. In the case of cash dividends received in a customer's margin account, Regulation T allows for the withdrawal of these dividends within the first 30 days of receipt. This provides flexibility to the customer in accessing the funds generated from dividends.

It is important to note that after the 30-day period, the treatment of cash dividends may vary depending on the specific terms and restrictions set by the brokerage or the margin account agreement. However, within the initial 30 days, the customer has the option to withdraw the cash dividends if they choose to do so.

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In a economy, the government owns the means of production.
(a) Command
(b) Market
(c) Real
(d) Inelastic

Answers

Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.

What is student daily allowance?.

Answers

A Student Allowance is a daily payment that can assist you with your living expenses while studying.

What do you mean by daily allowance?

A daily allowance is an allowance granted to an employee for each day of his absence from headquarters, and it is intended to cover the employee's ordinary daily expenses incurred as a result of such absence.

A daily allowance is an expense that is intended to cover the costs of food and other incidentals. Daily allowance has a significant impact on student participation, social interaction, and, most importantly, behavior in school. Budgeting is a practical technique that students can use.

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which step of business process management allows managers to create a continually improving process?a. Step 3: process executionb. Step1: process designc. Step 5: proses optimizationd. Stepp 4: process monitoring

Answers

Step 5: process optimization is the step of business process management that allows managers to create a continually improving process. Option C is correct.

This step involves analyzing data from the process and identifying opportunities for improvement. Once opportunities are identified, changes are made to the process, and then the process is tested to see if the changes have had the desired effect.

The process is then monitored to ensure that the changes are sustainable and that the process continues to perform well over time. By continually optimizing the process, managers can ensure that their organization is operating efficiently and effectively.

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In class, Marcus is skilled at picking up main ideas and important details from his teachers' lectures. What is this called?

Answers

Answer:

This would observation, which is something most readers should be able to do

Explanation:

Explain the tax consequences, to both the corporation and a shareholder-employee, of an IRS determination that a portion of the compensation paid in a prior tax year is unreasonable. What steps can the corporation and shareholder-employee take to avoid the double taxation usually with such a determination?
A. An IRS determination that part of the compensation paid an owner-employee is unreasonable in amount means that the corporation may take the tax deduction for that portion of payment. Generally, the unreasonable compensation is taxed as a dividend to the owner-employee. The dividend is subject to the ordinary income tax rate. B. An IRS determination that part of the compensation paid an owner-employee is unreasonable in amount means that the corporation loses its tax deduction for that portion of the payment. Generally, the unreasonable compensation is taxed as a dividend to the owner-employee. The dividend is subject to the applicable capital gains tax rate. The corporation still loses the deduction for the reclassified amount, however. C. An IRS determination that part of the compensation paid an owner-employee is unreasonable in amount means that the corporation loses its tax deduction for that portion of the payment. Generally, the unreasonable compensation is taxed as a capital gain to the owner-employee. The dividend is subject to the applicable capital gains tax rate. The corporation still loses the deduction for the reclassified amount, however. D. An IRS determination that part of the compensation paid an owner-employee is unreasonable in amount means that the corporation loses its tax deduction for that portion of the payment. Generally, the unreasonable compensation is taxed as additional salary and wages to the owner-employee. The additional salary and wages are subject to the applicable tax rate.

Answers

An IRS determination that part of the compensation paid to an owner-employee is unreasonable in amount means that the corporation loses its tax deduction for that portion of the payment, and the unreasonable compensation is taxed as additional salary and wages to the owner-employee.

When the IRS determines that part of the compensation paid to an owner-employee is unreasonable in amount, the corporation loses its tax deduction for that specific portion. Consequently, the unreasonable compensation is treated as additional salary and wages for the owner-employee, subject to the applicable tax rate.

This means that the corporation cannot claim the deduction for the reclassified amount, resulting in higher taxable income for the corporation. Simultaneously, the owner-employee is subject to tax on the reclassified amount as additional salary and wages, which are also subject to the appropriate tax rate.

To avoid double taxation in such a scenario, the corporation and owner-employee can take certain steps. The corporation should ensure that compensation paid to owner-employees is reasonable and aligns with industry standards and the services provided. Conducting thorough market research and documenting the rationale behind the compensation amounts can help support its reasonableness in case of an IRS audit.

For owner-employees, it is important to review and substantiate the compensation received, demonstrating that it is reasonable for the services rendered. Keeping detailed records of job responsibilities, industry benchmarks, and any other relevant information can strengthen the case for the reasonableness of the compensation.

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Work ethics are a naturally inherited quality.
Is this statement true or false?
true
false

Answers

True statement
Nndjrhrhdbf

paid rs.5,500 to sabina and
received discount of Rs.500​

Answers

Answer:

5000 RS (THIS IS CORRECT)

Explanation:

5500-500

Answer:

Rs 5000

Explanation:

=5500-500

5000.....

Other Questions
Frank's Pizzeria had a grand opening! Frank wants to determine how much a profit or loss they had for the first month of opening. The first week they earned $1,500 in pizza sales. The second week they earned $1,200 in pizza sales. The third week they earned $800 in pizza sales and the fourth week, they earned $1,420 in pizza sales. However, Frank's Pizzeria needs to spend $759 per week for supplies such as dough, cheese, and plates. Based on this information, how much is Frank's Pizzaria's profit or loss? Is it better to have 1 or 2 bank accounts? Enter an algebraic expression that represents the product of r cubed and one hundred seven. You are standing on the bottom of a lake with your torso above water. Which statement is correct? a. You feel a buoyant force only when you momentarily jump up from the bottom of the lake. b. There is a buoyant force that is proportional to the weight of your body below the water level. c. There is a buoyant force that is proportional to the volume of your body that is below the level of the water. d. There is no buoyant force on you since you are supported by the lake bottom. what is 1 + 6 200 - 4 (LOTS OF POINTS)Anatomical Adjectives Fill in the blank with the missing noun or adjective.Nouns:1. aorta 2. atrium 3. _______________ 4. vein 5. _______________ 6. _______________ 7. valve 8. heart muscle 9. venule 10. _______________ 11. _______________ 12. _______________ Adjectives:_______________ _______________ cardiac _______________ arteriolar ventricular _______________ _______________ _______________ coronary vascular arterial The temperature at which a particular liquid becomes a gas5 pointsA melting pointB boiling pointC freezing pointD sublimation point5 pointsa substance made of at least two atoms that are chemically combinedApure substanceB elementC compoundD mixture In the figure, AE, BF, and CD are the medians of triangle ABC. How can you show that all threemedians intersect at point G? help me I need an answer When Kate does gymrastics for one hour, and her grade on the economics test is 90 percent. Last werk, after working out for one hour, Kate considered gymnastics for a second hout. She decided to work out for one additional hout and cut her study time by one hour, but her economics grade fell to 75 percent What can you conclude about Kate's marginal benefit and marginal cost of the fiest hour of gymnastics? A. The marginal cost of the first hour of gymnastics exceeded its marginal benelit. B. The drop of 15 percentage points on an economics test exceeded the marginal benefit from a second hour of gymnasbics. C. The marginal benelit from the first hour of gymnastics exceeded the marginal cost of dropping 15 percentage points on an ef D. The marginal beneht from the first hour of gymnastics exceeded its marginal cost. Which of the following claims does the above cartoon MOST accurately support?Big business has too much power over the federal governmentThe federal government has too much power over industryThe federal government is not impacted by industryBig business has too much power over state governments assuming this population is in hardy-weinberg equilibrium, determine the expected phenotype frequencies. enter your answers to four decimal places. Based on the information about the heart, which of these best describes the relationship between tissues and organs? A hypothesis test can be used to compare the proportions of people who voted in two different groups of people, pa- Po, where pa is the proportion of people in Group A who voted in an election, and pe is the proportion of people in Group B who voted in the election. In random samples from these groups, 45 out of 70 members of Group A voted, and 56 out of 100 in Group B voted. (a) Find the sample proportions in each group (b) Find the pooled proportion (c) Complete the hypothesis test for inequality of the proportions, using a normal distribution and a significance level of a = .05 How did horses significantly impact the lives of the Plains Indians?a. Horses became a primary food source for the tribes.b. Horses gave the tribes increased mobility, particularly during buffalo hunts.C. Horses were used as beasts of burden and promoted agricultural development.d. Horses contributed to increased economic development in the fur trade. True/false:mobile marketing involves marketing to customers through wireless handheld devices such as cellular telephones. Imagine your Area (any gadget). write a paragraph describing your life in about 100-150 words. How can you write the equation for a linear function if you know only two ordered pairs for the function?Select the following options to complete the explanation. These options may be used once, more than once, or not at all.Options: b, m, two ordered pairs, one set of ordered pairsUse the two ordered pairs to find the slope, _____.Then substitute the slope, and _________ into y=mx+b to solve for ____. Mammals can be distinguished from other tetrapods by the presence of:_______ On January 1, 2015, Duke Company negotiated an agreement to modify the terms of a $500,000 note with $38,000 of accrued interest. Payments of $35,000 including interest will be made each quarter end up to and including June 30, 2019. Which of the following is true about this troubled debt restructuring? a. Interest expense will be recognized as it is incurred. b. A gain of $88,000 will be recognized. c. The present value of the payments must be calculated to determine if there is a gain or loss. d. None of the above is true.