Mutual funds and stocks <span>best suits their needs. </span>
Answer:
$19.47
Explanation:
The computation of the price paid for share is shown below:
= Year second dividend ÷ (Required rate of return - growth rate)
where,
Next year dividend is
= $2.20 + $2.20 × 2.2%
= $2.20 + $0.0484
= $2.2484
In the year 2 , it is
= $2.2484 × 1.022
= $2.2978648
And, the required rate of return is 14%
Plus the growth rate is 2.2%
So, the price paid for the share is
= ( $2.2978648) ÷ (14% - 2.2%)
= $19.47
Answer:
$5,200
Explanation:
Calculation for the bad debt expense to be recorded for the year
Using this formula
Bad debt expense= Ending balance in allowance for doubtful accounts - Unadjusted allowance for doubtful accounts
Let plug in the formula
Bad debt expense= $ 7,000 - $ 1,800
Bad debt expense= $ 5,200
Therefore the amount of bad debt expense to be recorded for the year will beb $ 5,200
GoPro product is a digital camera with a wide lens that has the capability of take photos. The GoPro brand products are used in sports.
Point of Difference or POD refers to the unique properties of a product. The POD of GoPro products are the unique attributes of these products. Some of these are:
1. Durability of the product
2. Easy to use
3. Quality of camera
Answer: D.) Allocate money to programs and projects
Explanation: just took the test. Quizlet.
