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3 years ago

Define each of the following terms:

Business

1 answer:

kaheart [24]3 years ago

3 0

Answer: See explanation

Explanation:

Contraction: Contraction, is a phase of the business cycle that simply occurs gene there's decline in the economy. At this phase, the demand for goods and services reduces and there's decline in growth.

Business cycle: The business cycle shows the movement of the GDP which can either be upward or downward. It shows how the economy's doing.

Trough: The trough is a phase in the business cycle whereby the gross domestic product for a particular economy has stopped reducing and the economy has started to rise.

Disposable income: This is the income that is left with an individual after personal income tax has been removed from the personal income of such individual.

Net domestic product: Net domestic product is when depreciation is subtracted from the gross domestic product.

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On December 31, 2020, Vaughn Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Vaug

Alinara [238K]

Answer:

1. 31 Dec

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

Cr Sales revenue $216,199

B. 31-Dec

Dr Discount on notes receivable $21,619.9

Cr Interest revenue $21,619.9

C. Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

Dr Cash $261,600

Cr Notes receivable $261,600

Explanation:

A. Preparation of the journal entry to record the transaction of December 31, 2015, for the Ed Abbey Co

December 31, 2015

Dr Notes receivable $261,600

Dr Discount on notes receivable $45,401

($261,600-$216,199)

Cr Sales revenue $216,199

Computation of present value of note

PV of $261,600 due in 2 years at 10%

$261,600*.82645 = $216,199

B. Preparation of the journal entry for December 31, 2016

31-Dec

Dr Discount on notes receivable $21,619.9

[10%*$216,199]

Cr Interest revenue $21,619.9

C. Preparation of the journal entry for December 31, 2017

Dec-31

Dr Discount on notes receivable $23,781.1

interest revenue $23,781.1

($45,401-$21,619.9 )

Dr Cash $261,600

Cr Notes receivable $261,600

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3 years ago

Angelina's made two announcements concerning its common stock today. First, the company announced that its next annual dividend

tensa zangetsu [6.8K]

Answer:

What is the maximum amount you should pay to purchase a share of Angelina's stock.

$36,00

Explanation:

The dividend discount model state that the price of a stock should be the result of the Present Value of all of its future dividends, the Gordon growth model indicates that:

Price per Share = D / (r - g) = $2,16 / (0,10-0,04) = $36

Where:

D = the estimated value of next year's dividend

r = The required rate of return

g = the constant growth rate

To this case the value is: $2,16 / (0,10-0,04) = $36

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3 years ago

A(n) _______________, if signed by a majority of the members of the house of representatives, will pry a bill from committee and

Dmitriy789 [7]

<span>A petition that, if signed by a majority of the members of the House of Representatives, will pry a bill from committee and bring it to the floor for consideration.

A discharge petition!</span>

7 0

3 years ago

A thief uses a bag of sand to replace a gold statue that sits on a weight sensitive alarmed pedestal. The bag of sand and the st

GaryK [48]

Answer:

No, the thief didn't set off the alarm. As the mass of the gold statue and the bag of sand is different, the alarm clock will start ringing once the statue is replaced with the bag of sand. Thus, the thief screwed up the operation.

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3 years ago

What is the expected annual capital gain yield for Orange Corp stock, based on the Constant Dividend Growth Model

lyudmila [28]

Complete Question:

What is the expected annual capital gain yield for Orange Corp stock, based on the Constant Dividend Growth Model? The company plans to pay an annual dividend of of $4.12 per share in one year. The expected annual growth rate of the dividend is 12.9%, and the required rate of return for the stock is 16.63%. Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34).

Answer:

12.9%

Explanation:

As we know that:

Capital Gain Yield = (P1 - P0) / P0

Step 1: Find P0

Po = D1 / (Ke - g)

Here

D1 is $4.12 per share

Ke is 16.63%

g is 12.9%

By putting values, we have:

Po = $4.12 / (16.63% - 12.9%)

= $110.46

Step 2: Find P1

P1 = D2 / (Ke - g)

Here

D2 = D1 * (1 + 12.9%) = $4.12 per share * (1 + 12.9%) = $4.65

Ke is 16.63%

g is 12.9%

By putting values, we have:

Po = $4.65 / (16.63% - 12.9%)

= $124.70

<u>Step3: Find Annual Capital Gain Yield</u>

Capital Gain Yield = (P1 - P0) / P0

Now by putting values, we have:

Capital Gain Yield = ($124.7 - $110.46) / $110.46

= 12.9%

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3 years ago