Answer:
9.09%
Explanation:
The required return of ZYX, Inc shall be determined using the following mentioned formula:
r=[d(1+g)/MV]+g
In the given question
r=required rate of return of ZYX, Inc=?
d(1+g)=next dividend payment to be made by the ZYX, Inc=$2.95
MV=current selling price of share=$58
g=growth rate of dividend=4%
r=required rate of return=[$2.95/$58]+4%
r=required rate of return=9.09%
Answer:
$2,600 in the Accounts Receivable Dr./Sales Cr. column and $1,700 in the Cost of Goods Sold Dr./Inventory Cr. column.
Explanation:
If we assume that Maxie's Game World uses a perpetual inventory system, the appropriate journal entries should be:
Date XXX, merchandise sold on credit to client YYY, terms 1/10, n/30
Dr Accounts receivable 2,600
Cr Sales revenue 2,600
Dr Cost of goods sold 1,700
Cr Merchandise inventory 1,700
Answer:
bruh ok look its A
Explanation:
because this fool just got me wrong
