Answer:
cost of equity raised by selling new common stock = 9.84%
so correct option is c. 9.84%
Explanation:
given data
D1 = $1.25
Po = $27.50
g = 5.00%
F = 6.00%
to find out
cost of equity raised by selling new common stock
solution
we will apply here cost of equity raised by selling new common stock formula that is express as
cost of equity raised =
+ g ..................1
put here value we get
cost of equity raised =
+g
cost of equity raised =
+ 5%
solve we get
cost of equity raised by selling new common stock = 9.84%
so correct option is c. 9.84%
Answer:
u may do addition I think from that process
Answer:
Revenue
Explanation:
The closing entries for the following accounts are as follows:
1. Service Revenue A/c Dr XXXXX
To Income Summary XXXXX
(Being revenue account closed)
2. Income summary A/c Dr XXXXX
To Expenses A/c XXXXX
(Being expenses accounts are closed)
3. Income summary A/c Dr XXXXX
To Retained earning XXXXX
(Being the difference is credited to retained earning)
4. Retained earnings A/c Dr XXXXX
To Dividend A/c XXXXX
(Being dividend account is closed)
Answer:
I think answer is price fixing