Answer:
Year 1 dividend $2.709
Year 2 dividend $3.413
Year 3 dividend $4.096
Year 4 dividend $4.915
Year 5 dividend $5.898
The present value of the dividends is $ 13.74 as contained in the attached.
Explanation:
The dividend for the 1st year is calculated thus:
DIV1=DIV0*(1+r)
r is the growth rate
DIV1=$2.15*(1+0.26)
DIV1=$2.709
The dividend for the second year is calculated thus:
DIV2=$2.709
*(1+0.26)
DIV2=$3.413
The dividend for year 3 is calculated thus:
DIV3=$3.413*(1+0.2)
DIV3=$4.096
The dividend for year 4 is calculated thus:
DIV4=$4.096*(1+0.2)
DIV4=$4.915
The dividend for year 5 is computed thus:
DIV5=$4.915*(1+0.2)
DIV5=$5.898
If Power industries has acquired a patent for $16,000. its useful life is expected to be four years. The yearly journal entry to recognize periodic amortization is: Debit Amortization Expense - Patents $4,000; Credit Patents $4,000.
<h3>Journal entry </h3>
If the company has acquired a patent for the amount of $16,000 in which the useful life is expected to be four years. The appropriate journal entry to recognize periodic amortization is:
Power industries journal entry
Debit Amortization Expense - Patents $4,000
Credit Patents $4,000
($16,000/4 years)
(To record periodic amortization recognized)
Therefore the yearly journal entry to recognize periodic amortization is: Debit Amortization Expense - Patents $4,000; Credit Patents $4,000.
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Complete question reads;
"A brokerage research department has been following the common stock of Acme Corporation and has prepared a favorable research report on the company. The brokerage firm is a member of a syndicate handling an issue of Acme common stock that is currently in registration. A registered representative wishes to send the research report to all of his customers. Which statement is TRUE?"
A. The report can be sent only if it has been approved by a supervisory analyst
B. The report can be sent only if it is accompanied or proceeded by, a preliminary prospectus.
C. The report can be sent only if it has been approved by the branch office.
D. The report cannot be sent until registration is effective.
<u>Answer:</u>
<u>D. The report cannot be sent until registration is effective.</u>
<u>Explanation:</u>
Usually, under the guidelines of the Securities Act of 1933, no offer can be made to the customer unless a final registration has been made and effected by means of a prospectus.
Thus, the<u> report cannot be sent until registration is effective..</u>
Answer:
D : 2.17%.
Explanation:
The 26% is an APR(Annual Percentage Rate). This is a quoted rate that a credit card company charges . It is also known as the nominal rate.
Since the question is asking for a monthly rate, use the 26% and convert it into monthly rate. We have 12 months in a year; meaning, we will divide the nominal rate by 12;
Monthly rate = APR / n
APR = 26% or 0.26 as a decimal
n = compounding periods = 12
therefore, Monthly rate = 26% /12 = 2.17%
Answer:
Considers the request inappropriate or unreasonable.
Explanation:
Resistance is more likely to occur when the target considers the request inappropriate or unreasonable. Persuasion is not useful in these scenarios and negotiation is usually the best tool to manage these situations.