Answer:
Dividend
First year = $2.544
Second year = $3.053
Third year = $3.48
Fourth year = $3.97
Fifth year = $4.53
Sixth year =$5.16
Explanation:
As dividend is the share of earning distributed to the stockholders. The stockholders expects a good return from the company against their interst in the company. Company make a dividend policy and calculates the growth of dividend accordingly.
Dividend Paid = $2.12
Company expected 20% growth in next two years so,
Dividend First year = $2.12 x 120% = $2.544
Dividend Second year = $2.544 x 120% = $3.053
Dividend of following three years will grow at 14%
Dividend Third year = $3.053 x 114% = $3.48
Dividend Fourth year = $3.48 x 114% = $3.97
Dividend Fifth year = $3.97 x 114% = $4.53
After this it will grow 8% indefinitely
Dividend Sixth year = $4.53 x 114% = $5.16
Some of the likely things which a court would do if Tonya sues to enforce the contract are:
- 1. X not enforce the contract, because people are free to choose to whom they sell their property.
- 2. award monetary damages to Tonya.
- 3. require Shania to go through with the sale.
- 4. X grant specific performance by requiring Shania to find a comparable piece of land for Tonya at a comparable price.
<h3>What is a Contract?</h3>
This refers to the legally binding agreement which is entered by two or more parties based on terms and conditions.
With this in mind, we can see that because Shania wants to sell her lakefront to Tonya for $150,000 and they sign a contract but before they close the deal, Shania discovers that the property prices would go up and declines to sell.
In conclusion, if Tonya sues to enforce the contract, we can see that the contract would not be enforced, but Tonya would be paid monetary damages.
Read more about contract here:
brainly.com/question/984979
Answer:
1,657,000 units
Explanation:
The FIFO method is concerned with the work done in the current production period.
<u>Equivalent Units of Production - Conversion Costs</u>
To finish Opening Work In Process ( 85,000 x 80%) 68,000
Started and Completed [(1,430,000 - 85,000) x 100%] 1,345,000
Ending Work In Process 305,000 x 80% 244,000
Total Equivalent Units of Production - Conversion Costs 1,657,000
therefore,
the equivalent units for the conversion cost calculation are: 1,657,000 units
Answer:
$200,000
Explanation:
The computation of the net revenue is shown below:
= Cash sales gross - Returns and allowances + credit sales gross - discounts + beginning balance of account receivable - ending balance of account receivable
= $80,000 - $4,000 + $120,000 - $6,000 + $40,000 - $30,000
= $200,000
We simply first compute the net cash sales after considering the returns and allowances, and net credit sales after considering the discounts, and deduct the ending balance of account receivable
Answer:
Price discrimination
Explanation:
Price discrimination is charging customers differently for the same product.
Price discrimination is a type of selling strategy where customers are charged for same goods and services. The seller charges based on what they think that the user is likely to pay.
