Answer:
net income = $31,500
Explanation:
given data
collect tailoring fees = $43,300
paid expenses = $12,300
Depreciation expense= $2,500
Accounts receivable = $1,050
supplies increased = $4,300
liabilities increased = $2,350
to find out
accrual basis net income
solution
we get here net income by given expression that is
net income = tailoring fees - expenses paid + account receivable + supplies increased - liabilities increased - Depreciation expense .......1
put here value
net income = $43,300 - $12,300 + $1,050 + $4,300 - $2,350 - $2,500
net income = $31,500
This demonstrates a difficulty in crafting a global communication strategy.
The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.
This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.
This problem may be more difficult in a case where the business is a foreign market.
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The government helped the economy by preventing monopolies that way small independent buissness could survive.
Answer:
P0 = $77.397794 rounded off to $77.40
Explanation:
The two stage growth model of DDM will be used to calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n + [(D0 * (1+g1)^n * (1+g2) / (r - g2)) / (1+r)^n]
Where,
- g1 is the initial growth rate
- g2 is the constant growth rate
- D0 is the dividend paid today or most recently
- r is the required rate of return
P0 = 1.89 * (1+0.23) / (1+0.15) + 1.89 * (1+0.23)^2 / (1+0.15)^2 +
1.89 * (1+0.23)^3 / (1+0.15)^3 +
1.89 * (1+0.23)^4 / (1+0.15)^4 +
1.89 * (1+0.23)^5 / (1+0.15)^5 + 1.89 * (1+0.23)^6 / (1+0.15)^6 +
1.89 * (1+0.23)^7 / (1+0.15)^7 + 1.89 * (1+0.23)^8 / (1+0.15)^8 +
1.89 * (1+0.23)^9 / (1+0.15)^9 + 1.89 * (1+0.23)^10 / (1+0.15)^10 +
[(1.89 * (1+0.23)^10 * (1+0.07) / (0.15- 0.07)) / (1+0.15)^10]
P0 = $77.397794 rounded off to $77.40
Answer:
Please refer the reason in detail below
Explanation:
For state and local government entities, additional standards are promulgated by the Governmental Accounting Standards Board ("GASB") and for the federal government, additional standards are promulgated by the Federal Accounting Standards Advisory Board ("FASAB").
GASB considers budgetary comparisons as an important part of the basic financial statements and financial reporting and therefore include budgetary comparisons in their concept statements
