A setting of plainsong with two to four notes per syllable is called:

Home Realty, Incorporated, has been operating for three years and is owned by three investors. J. Doe owns 60 percent of the tot

nordsb [41]

Answer:

Net Income for the year is $23,175

Explanation:

The Company's income Statement is prepared below. In relation to the following please note that:

Total Revenue is considered Section A while Total Expense is Section B and the Net Income is the difference of the same (A - B).

<u>Income Statement on December 31st:</u>

HOME REALTY, CORPORATION

Income statement

For period ended December 31st

Revenue $

Sales Revenue 166,000

Other Revenue -

Total Revenue (A) 166,000

Expenses: $

Salaries and Wages Expense 97,000

Interest Expense 6,300

Advertising Expenses 9,025

Income Tax Expense 18,500

Dividends 12,000

Total Expenses (B) 142,825

Net Income (A-B) $23,175

4 0

3 years ago

According to Utilitarianism, my own happiness and the happiness of loved ones count more than the happiness of strangers.

8_murik_8 [283]

True

If wrong pls tell me

8 0

3 years ago

Read 2 more answers

Jen's Fashions is growing quickly. Dividends are expected to grow at a 19 percent rate for the next 3 years, with the growth rat

Sedaia [141]

Answer:

Ans. Current Share Price=$33.85

Explanation:

Hi, we first have to establish the dividend for the first 3 years and the dividend when the growth rate falls off to a constant rate of 8% with the formula to find the present value of a perpetuity with constant growth rate. From there, we need to bring all the above cash flows to present value and that is the price of the share. The formula is as follows.

$Price=\frac{D1}{(1+r)^{1}}+\frac{D2}{(1+r)^{2} } +\frac{D3}{(1+r)^{3} } +\frac{D3(1+g)}{(r-g)} \frac{1}{(1+r)^{3} }$

To find D1, D2,and D3, we have to do this.

D1=Do(1+0.19)

D2=D1(1+0.19)

D3=D2(1+0.19)

Since 0.19 is the growth rate for 3 years. Everything should look like this

$Price=\frac{4.04}{(1+0.12)^{1}}+\frac{4.29}{(1+0.12)^{2} } +\frac{25.52}{(1+0.12)^{3} } +\frac{25.52(1-0.08)}{(0.12+0.08)} \frac{1}{(1+0.12)^{3} } =33.85$