Answer:
LESSER THAN
Explanation:
During the Great Depression, it was a period of recession that meant that investments were low and less than savings which meant that 'household' was unwilling to invest its money as it had lost confidence in the American economy. This will lead to Aggregate Demand being Lesser than Aggregate Supply as consumption fell drastically during the great depression
Answer:
share price at 5 year is $45.19
Explanation:
given data
annual dividend D1 = $2.86
paid a dividend Do = $2.75
discount rate K = 11.7 percent
to find out
share price of common stock be worth five years
solution
first we get here growth rate that is express as
growth rate = 
..................1
put here value we get
growth rate = 
growth rate = 4%
so here dividend at 6 year will be
Dn = Do × 
.............2
D6 = 2.75 × 
D6 = $3.48
so share price at five year will be
P5 = 
.................3
P5 = 
P5 = $45.19
so share price at 5 year is $45.19
Answer:
$5,896,778
Explanation:
The computation of the increase value in the liabilities section is shown below:
= Present value of the first liability due in one year + Present value of the second liability due in three years
= $1,388,889 + $4,507,889
= $5,896,778
For computing the increase value in the liabilities we simply added the present value of two liabilities given in the question
Accomplishment is the correct answer
Answer:
The amount of uncollectible accounts expense that will be recognized on the Year 1 income statement is $1,620.
Explanation:
To arrive at the amount of uncollectible accounts expense that will be recognized on the Year 1 income statement, we simply need to calculate 3% of the company's sales on account balance, as follows:
3% of ($190,000 - $136,000) = $1,620
So, $1,620 would be the bad debt expense that will be recorded in Year 1 income statement, since there is no opening balance of sales on account and allowance for doubtful accounts.
Also, note that the collection on account during the year would reduce the sales on account balance, as shown above.
