Answer:
current share price = $5.40
so correct option is C. $5.40
Explanation:
given data
dividends paid = 15 years
pay = $6 per share
increase = 4%
to find out
current share price
solution
we know that Value after year 15 will be = ( D15 × Growth rate) ÷ (required return - growth rate) ......................1
put here value
Value after year 15 = 
Value after year 15 = $52
so here current share price will be
current share price = Future dividends × Present value of discounting factor
current share price = 
current share price = $5.40
so correct option is C. $5.40
Answer:
The required adjusting entry would be to debit the Salaries expense account $650 and credit the accrued salaries account $650.
Explanation:
When an expense is incurred but yet to be settled in accrual accounting, the expense has to be recognized in the period in which it is incurred by debiting the expense account and crediting the accrued expense ( a liability) account with the amount incurred.
As mentioned the alley was dark. So it is possible that there was someone else at the crime scene and the witness is mistaken to be that man. It is quite possible to see someone in the dark and mistaken them for someone else. As the alley was dark, eye witness testimony is not reliable.
The eyewitness doesn’t have any evidence whereas my client has an alibi and he was not present at the crime scene. Even if my client was standing near the boy it doesn’t prove that he killed someone.
Answer:
$79,913
Explanation:
The computation of the loan balance after two months loan payments is shown below:
$80,000 × 10% = $8,000 ÷ 12 =$666.67
$710 - $666.67 = $43.33
$80,000 - $43.33 = $79,956
$79,956 × 10% = $7,995 ÷ 12 = $666.30
$710 - $666.30 = $43.70
$79,956 - $43.70 = $79,912.8 i.e. $79,913
Hence, the loan balance after two months is $79,913