Answer:
The price of the stock today is $13.58
Explanation:
Using the dividend discount model approach, we can calculate the price of the stock today. DDM bases the price of a stock on the present value of the expected future dividends from the stock. The dividends and the terminal value are discounted back to the present value using the required rate of return on the stock. The price per share today for this stock will be,
P0 = 0.75 / (1+0.17)^3 + 0.75 * (1+0.48) / (1+0.17)^4 +
0.75 * (1+0.48)^2 / (1+0.17)^5 +
[(0.75 * (1+0.48)^2 *(1+0.1) / (0.17 - 0.1)) / (1+0.17)^5 ]
P0 = $13.584 rounded off to $13.58
Answer:
c. $9,702
Explanation:
Elias Corporation has issued 10% bond the semi annual rate of bond is 10%. The 10% rate is divided by 2 to find the actual semi annual rate of interest on the bond. The rate of bond is 5%. The amount at which bond can be sold will be used to calculate interest expense of the bond.
$97,020 * 5% = $4,851
The annual interest expense will be, $4,851 * 2 = $9,702
The correct answer is c.$9,702
Answer:
$5,500
Explanation:
When a company makes sales on account, debit accounts receivable and credit sales. Based on assessment, some or all of the receivables may be uncollectible.
To account for this, debit bad debit expense and credit allowance for doubtful debt. Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.
Adjustments to allowance required
= $15,000 - $9,500
= $5,500
The entries to be posted are
Debit Bad debt $5,500
Credit Allowance for Doubtful debt $5,500
Answer:
The correct answer is letter "D": provide information and entertainment to their audience.
Explanation:
Media refers to all the channels of communication by which information can be spread. <em>Television, radio, newspapers, magazines, </em>and<em> social media </em>are the most common examples of communications media. The information portrayed through those channels has several purposes depending on who transmits it. However, the main purpose of media is to show audiences entertainment information in the form of videos, music, movies sports or news.
Answer:
A
Explanation:
The quality should be about the same.
The social responsibility should also be about the same.
There shouldn't be side effects of most products. If you are speaking of medications, there really ought to be the same side effects with the same severity and the same statistical occurrences.
The only difference is the company selling the product.
There have been exceptions to this where different "fillers" were used in the generic brand and the side effects were different and more severe. I've only heard of one case however and I cannot remember what it was. Manufacturers were careful not to let it happen again.
