Answer:
Takeoff
Explanation:
Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.
Answer:
Note: The organized question is attached
<u>Description of each transaction</u>
1. Merchandise purchased on account as a cost of $39,200, which is $40,000 less 2% discount of $800
2. Paid fright charge of $450
3. An allowance or return of merchandise was granted by the seller, $4,900, which is an invoice amount of $5,000 less 2% discount of $100
4. The balance due of $34,300 ($39,200 - $4,900) was paid within the discount period
Answer:
Dividend payable in year nine= $ 2.08
Explanation:
The dividend payable nine years from now can be determined using
the formula below:
D = A× (1+r)^n
D- dividend in the future
A- dividend payable now
r- growth rate
n- number of years
D= 1.84 × (1+0.0135)^(9)
D= 2.076
Dividend payable in year nine= $ 2.08