Segregation requires the things listed above. Segregation means the separation of races.
Answer:
$36.65
Explanation:
D1 = D*(1+g)
D1 = 1.8*(1+0.12)
D1 = 1.8(1.12)
D1 = $2.016
Price of stock P = D1 / (re - g)
Price of stock P = $2.016 / (0.175 - 0.12)
Price of stock P = $2.016 / 0.055
Price of stock P = $36.654545
Price of stock P = $36.65
So, $36.65 is the most that i will be willing to pay for the common stock if i am to purchase it today.
<h2>Answer</h2>
Someone who negotiates on another’s behalf
<h3>
Explanation</h3>
Agency relationship prevails in a situation whereby there is a representation involved and hence there is a risk of any bias or fraud. The selected answer includes a form of representation which therefore sheds light on the prevalence of an agency relationship prevailing. A chance of bias is always included because while bargaining the former may keep some benefit margin for him or herself.
Answer: Option (C) is correct.
Explanation:
Elasticity measures the responsiveness of percentage change in quantity demanded from percentage change in price.
Elasticity =
Types of elasticity:
(1) Perfectly elastic
(2) Inelastic
(3) Unitary elastic
(4) Less elastic
(5) More elastic
Answer:
Amos Company
Statement of retained earning
as on December 31, 2017
Retained Earning December 31, 2016 $859,000
Add: Net Income for 2018 $223,000
Dividend -$29,000
Prior years error adjustment <u>-$37,600 </u>
Retained Earning December 31 <u> $1,015,400</u>
Explanation:
Retained Earning is an equity account and its balance is credit in nature. It is the accumulated balance of all the prior year's income / losses after paying all the dividend. This balance can be used for the dividend payment or reinvestment in the business.
Omission of depreciation expense understated the expenses for the year and overstated the profit of 2015, which ultimately overstated the retained earning value. we need to adjust this error in retained earning balance because it is adjustment of an prior year error, it will not be included in the current years net income calculations. It already netted off so we just simply adjust it in the retained earning with the value of $37,600.