Answer:
$41.69.
Explanation:
P9 = Next dividend / Required rate - Growth rate
P9 = $5 / 8% - 2%
P9 = $5 / 6%
P9 = $5 / 0.06
P9 = $83.33
So, the stock price for 9th year is $83.33
Current stock price = P9 / (1 + Required rate of return)
Current stock price = $83.33 / (1+0.08)^9
Current stock price = $83.33 / (1.08)^9
Current stock price = $83.33 / 1.9990046271
Current stock price = 41.68574643115692
Current stock price = $41.69
Therefore, the current stock price is $41.69.
Answer:
Added to Cash Book Balance in Bank Reconciliation Statement
Explanation:
Bank Reconciliation Statement BRS is made to correct for the mismatch between bank balance as per cash book & bank balance as per pas book.
If account has been credited (added) with $30 for interest earned, discovered later i.e not recorded in cash book : The amount has been added in passbook , but not in cashbook.
So, to match the difference : Interest earned but not recorded = $30 will be added to 'Favourable Debit balance as per cash book' , to achieve 'Favourable Credit balance as per pass book' in the BRS.
Answer:
Theodore Levitt
Explanation:
Theodore Levitt was an American economist and professor at the prestigious Harvard Business School (Cambridge, Massachusetts). Also editor of the economic magazine Harvard Business Review (HBR) where they published their articles. It marked a milestone in creating the concept of "globalization" focused on an economic point of view, specifically in its article "Globalization of Markets" was where he referred to it for the first time, thanks to what became very popular and joined the currents of economist thinking.
Answer:
1) $240 warranty expense
2) $240 warranty liaiblity
3) zero as decreases the warranty laibility
4) 240 beginning - 209 used = 31 ending
5)
cash 6,000 debit
sales revenues 6,000 credit
--to record sale--
warranty expense 240 debit
warranty liability 240 credit
--to record prevision for warranty expenses--
warranty liability 209 debit
inventory 209 credit
--to record use of the warranty from the customer--
Explanation:
1) sales x expected warranty = 6,000 x 0.04 = 240
2) it will be for the 240 as the accounting works with double-entry
Neighborhood quality of life issue is most affected by the overuse of alcohol unemployment, poverty, poor family integration, and high residential mobility are known to contribute to a greater risk of alcohol problems.
Alcohol interferes with the mind's conversation pathways and might affect the manner the brain seems and works. those disruptions can trade mood and conduct, and make it harder to assume virtually and circulate with coordination.
Alcohol has massive poisonous consequences on the digestive- and cardiovascular structures. Alcoholic drinks are classified as carcinogenic by the global organization for research on most cancers and boom the threat of several cancer types.
To lessen the chance of damage from alcohol-associated sickness or harm, healthy men and women should drink no more than 10 general liquids every week and no extra than 4 standard liquids on any person's day.
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