Answer:
9.68 percent
Explanation:
Calculation to determine the firm's cost of equity
Using this formula
Cost of equity=[(Annual dividend×Increase in dividends×/Current price of common stock]+Dividends
Let plug in the formula
Cost of equity=[($1.22 × 1.024)/$17.15] + 0.024
Cost of equity=($1.24928/$17.15)+0.024
Cost of equity=0.0728+0.024
Cost of equity=0.0968*100
Cost of equity=9.68 percent
Therefore the firm's cost of equity is 9.68 percent
<span>Typically, the final hiring decision in large organizations is made by the "department supervisor".
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When we talk about the role or part of the department supervisor then it is an unpredictable one. He/She won't simply be somebody who manages work by others. A supervisor is likewise in charge of training, settling issues and filling in as a connection amongst subordinates and upper administration. The perfect candidate is one who will be a capable and ready to guide and prepare workers.
Explanation:
May 7
Credit sales of $4,000 which means accounts receivable will increase by $4,000 and Sales revenue will also raise b y the same amount
May 13
Collection on account of May 7th sales which means the account receivable will go down by $4,000 and cash will increase by $4,000
Journal entries
DATE Particulars Amount
May 7th Account receivable (+A) Dr. $4,000
to Sales revenue (+Equity) $4,000
( To record the credit sales)
May 13th Cash (+A) Dr. $4,000
to Accounts receivable(-A) $4,000
(To record the receipt of cash)
Answer:
The Prime Minister is the head of the Executive branch of the Government in the United Kingdom as well as other Parliamentary or Semi-presidential Government systems.
The President is the head of the Executive branch of the Government in the United States and other Republican states.
The differences between the two especially between the United Kingdom and the United States is;
- A President is elected by the general public, and a Prime Minister is the leader of the majority party in the House of Commons.
The President is elected directly by the will of the people which in the United States is represented by the Electoral College. The Prime Minister on the other hand is elected if their party and affiliates hold a majority in the House of Commons (Parliament).
- A President is elected every four years, whereas Parliamentary elections are held every five years.
The Presidential election in the United States is held every 4 years with the next one being this year, 2020. By contrast Parliamentary elections in the UK are held every 5 years but this can be less if the Prime Minister dissolves parliament.
- A Prime Minister can be ousted by a vote of "no confidence" by her/his party's parliamentary ministers.
As the Prime Minister is elected by their party's representatives in Parliament, they can also be removed by them. This happens when the members pass a <em>vote of no confidence</em> in the the minister.
Answer:
The correct answer is $220,000.
Explanation:
According to the scenario, computation of the given data are as follows:
Selling price = $7.5
Variable cost = $3.5
Annual sales = 55,000 kites
We can calculate the fixed cost by using following formula:
Fixed cost = Annual sales × ( Selling price - Variable cost )
Fixed cost = 55,000 × ( $7.5 - $3.5 )
= 55,000 × $4
= $220,000