Answer:
$1.81
Explanation:
we must use a combination of non-constant growth formula and the Gordon growth model to determine the price for the stocks in year 0 and year 1:
stock price year 0 = ($2.40 / 1.15) + ($2.88 / 1.15²) + ($3.456 / 1.15³) +[$4.1472 / (15% - 4%)] / 1.15⁴ = $2.09 + $2.18 + $2.27 + $21.55 = $28.09
stock price year 1 = ($2.88 / 1.15) + ($3.456 / 1.15²) +[$4.1472 / (15% - 4%)] / 1.15³ = $2.50 + $2.61 + $24.79 = $29.90
capital gain between year 0 and year 1 = P1 - P0 = $29.90 - $28.09 = $1.81
*All answers have been rounded to the nearest cent.
Bad debt expenses 800
Allowance for doubtful account 800
Allowance for doubtful accounts 60
Accounts receivable 60
Allowance for doubtful accounts 75
Accounts receivable 75
Accounts receivable 45
Allowance for doubtful accounts 45
Allowance for doubtful accounts 100
Accounts receivable 100
Accounts receivable 25
Allowance for doubtful accounts 25
Hope it helps!
Answer B as they are both within the EU and they follow the same policy, procedures and have the same currency.
Answer:
Emphasis because it will expand the design of the design
Explanation:
A relatively mild period of falling incomes and rising unemployment is called a <u>recession</u>.
What is recession?
- A recession is a significant, widespread, and prolonged downturn in economic activity.
- Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product (GDP) constitute a recession.
- Recessions typically produce declines in economic output, consumer demand, and employment.
- A recession is a significant, pervasive, and persistent decline in economic activity.
- Economists measure a recession's length from the prior expansion's peak to the downturn's trough.
- Recessions may last as little as a few months, while the economic recovery to the former peak can take years.
- An inverted yield curve has predicted the last 10 recessions, along with a couple that never materialized.
- Unemployment often remains high well into an economic recovery, so the early stages of a rebound can feel like a continuing recession for many.
- Countries around the world use fiscal and monetary policies to limit the risks of a recession.
To know more about recession, refer:
brainly.com/question/1417711
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