Answer:
D1 = $4.085
D2 = $4.46
D3 = $4.86
D4 = $5.01
D5 = $5.16
Explanation:
As per the data given in the question,
DO = $3.75
Dividend expected to grow = 9%
Dividend grow later = 4%
D1 = DO(1+ Dividend1) = $3.75(1+9%)
=$3.75(1.09)
=$4.085
D2 = DO(1+ Dividend1 )( 1 + Dividend2)
= $3.75(1+9%)(1+9%)
= $4.46
D3 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)
= $3.75(1+9%)(1+9%)(1+9%)
= $4.86
D4 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)(1+Dividend later)
= $3.75(1+9%)(1+9%)(1+9%)(1+3%)
= $5.01
D5 = DO(1+Dividend1)(1+Dividend2)(1+Dividend3)(1+Dividend later)(1+Dividend later)
= $3.75(1+9%)(1+9%)(1+9%)(1+3%)(1+3%)
= $5.16
Answer:
$52,500
Explanation:
Warranty cost are the cost associated with the repair or replacement of a product in case it does not perform as intended after purchase.
It is debited to the warranty expenses account and credited to the warranty liability account.
Total sales for the year - $3,000,000
Warranty estimate basis - 4%
Estimated warranty - 3,000,000 * 4% = $120,000
Warranty cost incurred = $67,500
Balance to be recorded for the year = 120,000 -67,500
$52,500
Answer:
Part 1
<em>journal entry to record the investment in the bonds.</em>
Debit : Investment in Bonds $90,000
Credit : Cash $90,000
Part 2
<em>journal entry to record the first interest payment at the effective (market) rate.</em>
Debit : Investment in Bonds $7,200
Credit : Interest Income $7,200
Explanation:
The Summary of the Bond is :
FV = $100,000
PMT = ($100,000 x 6%) ÷ 2 = $3,000
I = 8 %
PV = - $90,000
P/YR = 2
N = ?
Using a Financial Calculator, the number of period payments to maturity N is 13.02.
Effective Interest = $90,000 x 8 % = $7,200
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
<h3>What is the production process?</h3>
Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
Learn more about production process from here:
brainly.com/question/29355290
#SPJ1
