Answer:
None of the choices are correct
Explanation:
We use the par value of stock to determine the dividend instead of the market value of stock.
<u><em>Dividend Calculation :</em></u>
Dividend = 35,000,000 shares x $1 x 1%
= $350,000
<u><em>Journal :</em></u>
Debit : Dividend $350,000
Credit : Cash $350,000
Answer:
The payback period for this project is 2.43 years.
Explanation:
Elmer Sporting Goods is getting ready to produce a new line of golf clubs by investing $1.85 million.
The investment will result in additional cash flows of $525,000, $812,500, and 1,200,000 over the next three years.
The payback period is the time it takes to cover the investment to be covered by returns.
The investment cost remaining in the first year
= $1,850,000 - $525,000
= $1,325,000
The investment cost remaining in the second year
= $1,325,000 - $812,500
= $512,500
The third year payback
= 
= 0.427
The total payback period
= 2.43 years
<span>B. prepaid check
that right if not it is C</span>
It will base of the job that you are going to be applying for and the skills that the job is going to require. The first step is to always read the job description that the job has posted with the open position to determine that.
So some examples: planning ( you can plan accordingly - for example your everyday life with your schedule)
Coordinate (such as activities or possibly other things that might help help complete a task in a timely manner)
Analyze (this one is going to be a big one, so you review the details, you analyze the issue to tackle it, but following the rules as well)
Prepared (you are great and preparing for the start of your shift, or possibly having things together for the next shift that will be starting after you)
Designed (this can following in several jobs, you have the skills to design/bring ideas to the table such as website ideas, things in retail to make it catchy to sell, pick up lines to sell items)
Also, action verbs are good to put on your resume too, this makes your skills stand out
Answer:
You can spend $4,913.86 to buy a motorbike.
Explanation:
Giving the following information:
You were given $16,000 by a relative with no strings attached. You decide to pursue 2 goals: (1) buy a motorbike today and (2) buy a used car for $12,000 when you graduate college in 4 years. Your interest rate is 2% compounded annually.
To buy the car, you can separate in the present the amount of money required to reach $12,000 in 4 years. The rest of the money can be used to buy a motorbike.
First, we need to calculate the present value of $12,000 using the following formula:
PV= FV((1+i)^n
PV= 12,000/1.02^4= $11,086.14
16,000 - 11,086.14= $4,913.86