Answer:
It would take 2 years
Explanation:
7x2=14 witch is the 7.2% interest rate so it would take two years 2 double your money
The allowance method of recognizing uncollectible accounts used is one where there is no effect on net income.
<h3>What is the allowance method?</h3>
This is known as a method that entails the use of or the act of setting aside a kind of reserve for bad debts that are seen or foretell to take place in the future.
The reserve is one that is based on a percentage of the sales gotten in a reporting period, in terms of those adjusted for the risk linked with some customers.
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Answer:
The price of the stock is $66.5
Explanation:
The constant growth model of the DDM approach will be used to calculate the price of such a stock today.
The formula for the constant growth model is,
P0 or V = D0*(1+g) / r - g
As the growth rate in the company's dividedn is negative, the growth rate will be -5%.
The price of the stock is,
P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05
P0 = $66.5
Answer:
d. change in total revenue per one unit change in quantity sold.
Explanation:
A monopolist marginal revenue is change in total revenue per one unit change in quantity sold.
Average revenue is total revenue divided by quantity sold.
A monopolist is a firm that only exists in an industry.
I hope my answer helps you.
One important managerial function is controlling, and the first step in the controlling process consists of setting clear performance standards.
<span>The goal of the controlling is to control that standards are met and stated goals of the organization are achieved .
</span>Standards are used to measure the actual performance and are the benchmarks towards which efforts of entire organisation are directed. Some examples of standards are: revenue to be earned, c<span>ost to be incurred., improved motivation, improved quality of products,..</span>
