I think that the answer is A but i have no clue i’m so sorry :(
Answer: D. Product costs are expensed in the period the related product is sold
Explanation:
The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.
It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.
Answer: Price is $1
Explanation:
we can use the perpetuity formula to calculate the present value of a share, the present value of share represents the maximum amount that an investor would be willing to pay for a share
Dividends = 0.15 cents
required rate of return = 15%
Present value = 0.15 cents/0.15 = 1
Price =$1
