Answer:
The correct answer is 0.78%.
Explanation:
According to the scenario, the computation of the given data are as follows:
First we calculate the retained earning cost, then
Cost of retained earning = Dividend ÷ Price + Growth
= (1.925 × 70%) ÷ 15 + 6%
= 1.3475 ÷ 15 + 0.06
= 0.1498 or 14.98%
Now, Cost of equity = (Dividend ÷ Price (1 - Flotation cost ) + Growth
= (1.925 × 70% ) ÷ 15 (1 - 0.08) + 0.06
= (1.3475 ÷ 13.8 ) + 0.06
= 0.1576 or 15.76%
So, Exceed amount = 15.76% - 14.98% = 0.78%
Answer:
b. countries can become better off by specializing in what they do best.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
Answer:
The answer is:
More accounts have been written off than had been estimated
Explanation:
Doubtful debt or bad debt is an expense. According to the rule of accounting, debit increases an expense while debit decreases an expense.
So the debit balance balance in allowance for doubtful accounts tells us that there is an increase in expense which means that more accounts(bad debt) have been written off.
So we can infer from the debit balance that more accounts have been written off than had been estimated
The answer is 2009 alright.
Correct Answer: Option b) Income Statement. Explanation: An income statement is a financial statement that reports the revenues and expenses that …
