Answer:
P0 = $9.04279 rounded off to $9.04
Option c is the correct answer
Explanation:
Using the the dividend discount model, we calculate the price of the stock today. It values the stock based on the present value of the expected future dividends from the stock. To calculate the price of the stock today, we will use the following formula,
P0 = D1 / (1+r) + D2 / (1+r)^2 + D3 / (1+r)^3
Where,
- r is the required rate of return
P0 = 4 / (1+0.156) + 4 / (1+0.156)^2 + 4 / (1+0.156)^3
P0 = $9.04279 rounded off to $9.04
Answer:
Option D. Any of the above.
Explanation:
The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:
- New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
- The acceptance is always required for the contract formation (Option B).
- Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).
So all of the options can alter the contract existence. So the right answer is option D.
Answer:
(C) debit to Foreign-Currency Transaction Loss-$1040
Explanation:
Foreign currency related Financial assets and financial liabilities are usually revalued with any difference as a result of the exchange rates posted as a gain or loss in the income statement.
On transaction date, cost of assets
= 520000 * $0.034
On payment date, the amount paid
= 520000 * $0.036
The amount paid is higher than the liability recorded before hence the difference is recognized as a loss on foreign exchange.
= 520000 * $0.036 - 520000 * $0.034
= $1040
THAT LINK IS A VIRUS DO NOT GO TO IT ALL LINKS ARE VIRUSES and also if you go to “goggle” you should see a camera icon on the top right and take a picture of the question and maybe get the answer there
<span>Suppose that the price of sushi take-out, a substitute, decreases in price. What will happen to the demand for Chinese take-out? The demand for Chinese take-out will likely decrease as a substitute is cheaper. Those we are okay with substituting one item with another are often after the price the items sell out versus exactly what the want from the item. Since they are substitutes, more people will likely get the cheaper option, Sushi take-out. </span>
