Answer:
share price 69.108
Explanation:
We have to calculate the present value of the dividends like it was an annuity using the required return.
PV 69.108
the gordon dividend growth model doesn't apply becasue the dividend will cease to exist, there is no infinite future dividend to calculate the present value using that method.
<span>As per the study undertaken by the stadium, this five times daily ad for one week fetched a 1,200 ticket sale.To get the targeted sales of 13,200 tickets the stadium should now run this ad 5 times daily for 11 weeks.</span>
Answer: B) consult an attorney and put their agreement in writing.
Explanation:
As soon as they have agreed to form a partnership, they should put this on paper to finalize it properly and give it more legal standing.
They do this by consulting an attorney who will then put the agreement to writing. This agreement will show what is expected of both parties and will be fully enforceable. It would also help in filling the requisite documents for the formation of the music school.
Answer:
The total amount of credits for the trial balance will be $31,750, which includes: Accounts Payable of $9,000, Revenue of $8,000, Common Stock of $10,250, and Notes Payable of $4,500.
Explanation:
These four accounts normally have credit balances in the general ledger. Since they are the only ones in this example, they will be reflected also on the credit side of the trial balance with their given amounts.
The other accounts listed in the example normally have debit balances in the general ledger and are reflected on the debit side of the trial balance. These also have a total of $31,750 when they are added up.
Answer:
Dr Cash 1,166,400
Cr Notes Receivable 1,000,000
Cr Interest Revenue 166,400
Explanation:
To determine the net amount of the notes receivable that will be recorded, we must determine the present value of the note:
present value = 1,166,400 / (1 + 8%)² = 1,166,400 / 1.1664 = 1,000,000