Answer:
Dividend growth rate is 4.94%
Explanation:
The share price formula comes handy in this case in determining the dividend growth rate.
Share price=Next year dividend/expected return-dividend growth rate
share price is $83
next year dividend is $5.61
expected return is 11.7%
Dividend growth rate is the unknown which is denoted by g here
$83=$5.61/11.7%-g
by cross multiplication the equation becomes:
$83*(11.7%-g)=$5.61
divide both sides by $83
11.7%-g=$5.61/$83
11.7%-g=0.06759
g=11.7%-0.06759
g=0.117-0.06759
g=0.04941
g=4.94%
Answer:
a. Compare the details of cash receipts with journal entries.
b. Prepare a bank transfer schedule.
c. Confirm the terms of borrowing with the lenders agreement.
d. Send request to confirm the entity's account receivable balance.
e. Inspect payroll data of employees and cross check with the transaction recorded.
f. Obtain cut off bank statement to reconcile the transaction.
g. Examine the selected repair order and physically examine the equipment whether repair work is don or not.
h. Examine the supporting documents for the invoice such as purchase order, goods received note and Purchase requisitions.
i. Inspect the payroll endorsements for similar handwriting.
Explanation:
Audit is mandatory for all the companies. The verified financial statements are considered as reliable because they are rechecked by the auditors and if any error or fraud is found it is immediately corrected and rectified. Audit is a critical process which involves objectivity and integrity of a person. The auditors must be independent and they should not have any familiarity with the business employees or owners.
Answer:
29,200 units
Explanation:
The computation of new break even point is given below:-
= Fixed Cost ÷ Contribution per unit
Fixed cost
= $625,000 + $105,000
= $730,000
Variable cost per unit = 50% of selling price
= $25
So, the break even point = $730,000 ÷ 25
= 29,200 units
Therefore for calculating the break even point we simply divide the $730,000 from 25 per unit variable cost.
Answer:
Directly sell bonds to the public
Explanation:
Financial System
This is simply called an Institutions in the economy of any country that is concerned matching one person's saving with another individual's investment collectively. They save and lends money to the public.
When the government's expenditures is far greater than its receipts, they would likely directly sell bonds to the public. The expenditures of government always goes on goods, services, or transfer payments and when they become bigger than their tax revenue, the government therefore runs into a budget deficit. This can therefore make a government borrow some amount of money from financial system to pay for budget deficits, and the results of government borrowing can increase a nation's debt rate.
A Bond
A certificate othat shows one is indebted as it shows or specifies the obligations of the borrower to the holder.
People can be tough sometimes. I generally bounce back from tough conversations well, but occasionally find it difficult to be resilient. I disagree.
<h3>What is Emotional resilience?</h3>
This is known as the ability of a person to recover quickly from any kind of bad news or traumas as a result of illness or misfortune.
If a person can bounce back from tough conversations, it means they are strong and despite any point or issue thrown at them, they can withstand and be tough in that situation.
learn more about resilient from
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