Answer:
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<span>The states that were in the southern region receive more of then revenue from the federal government than most other states. The five most dependent states are New Mexico, Mississippi, Kentucky, Montana and Alabama.</span>
Answer:
legal fees 15,000 debit
common stock 8,000 credit
paid-in in excess of par value 7,000 credit
Explanation:
the legal fee expense is for 15,000 so we will recognize the expense for that amount.
the stock have a face value of $1 but, the laywer agree to recieve up to 8,000 which means thre is an additoonal paid-in for 7,000 which is the deifference between the expense amount and the shares face value.
That will be recorded in the journal entry.
Answer:
(a) 14.84
(b) (i) 10.78%
(ii) 9.97%
Explanation:
D1 = D0 × (1 + Growing rate)
= 1.6 × 1.2
= 1.92
D2 = D1 × (1 + Growing rate)
= 1.92 × 1.2
= 2.304
P2 = [D2 × (1 - gn)] ÷ (rs + gn)
= (2.304 × 0.94) ÷ (10%+6%)
= 13.536
Current price:
= 14.84
Expected dividend yield = D0 ÷ Current price
= 1.6 ÷ 14.84
= 10.78%
P1 = [D2 ÷ (1+rs)] + [P2 ÷ (1+rs)]
= 2.304/1.1 + 13.536/1.1
= 14.4
Capital gains yield = P1 - Current price + (D1 ÷ Current price)
= 14.4 - 14.84 + (1.92 ÷ 14.84)
= 9.97%
<span>The answer is,
"Market value of the firm."
The correct sentence (Associate changed with associated) will be:
Primary goal of financial management is most
associated with increasing the "Market value of the firm."</span>
<span>Financial Management means the effective and efficient
management of the funds / money in order to achieve the goals of the company.</span>