Answer: $86.7
Explanation:
From the question, we are informed that Builtrite stock just paid a dividend of $5 and dividends are expected to grow at a 4% annual rate and that an annual return of 10% is required.
The fair price for Builtrite stock will be:
Current price=D1/(Required return-Growth rate)
=($5 × 1.04)/(0.10-0.04)
= $5.2/0.06
= 86.7
<span>According to the feasibility analysis framework, an entrepreneur who has a vision of a multi-unit company will be satisfied with an attractive niche if it would serve as a point of entry for long-term potential.</span>
Answer:
transfer cost $25
Explanation:
The minimum transfer price is equal to the marginal price.
The marginal price, in this case, will be the variable cost, because there is no additional fixed cost related to the transfer:
This should be analyzed like a special order request, only the variable cos matter unless we incur in additional fixed cost.
Marginal Cost = Variable cost: 25
Explanation:
the characteristics are as follows:-
1. Natural resources are useful, profitable and beneficial .
2. Natural resources have limited availability.
3. They are potential for depletion or consumption.
4. Natural resources are non-renewable sources in nature.
Answer:
D. An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
Explanation:
A balance sheet can be defined as a financial statement used in reporting an organization's assets, capital, liabilities, debt and equity at a specific period of time.
An unclassified balance sheet is one whose items are broadly grouped into assets, liabilities, and equity.
This ultimately implies that, an unclassified balance sheet is typically used to report an organization's assets, liabilities and equity without separating or grouping them into specific classes (sub-classification of assets, liabilities or equity). Therefore, the financial items are only listed in an order of liquidity with their total.
An unclassified balance sheet is mainly used by small businesses and for internal reporting of financial items.