Answer:
$362,500
Explanation:
The computation of the LNS corporation taxable income is shown below:
Book revenue reported amount $2,940,000
Less: Tax-exempt interest income -$17,500
Less: Ordinary and necessary business expenses -$2,560,000
Taxable income $362,500
The taxable income is computed after deducting the tax exempt interest income and the deductions from the book revenue reported amount
None of the above. if this is a big product recall, it must be urgent and top management wants the solution ASAP. if everyone has strong opinion it is difficult to reach a consensus. Hence, Natalie (i feel) should tell the team how urgent this matter is and while she will get input from everyone, the idea that not everyone's input will be the solution as this is an urgent matter must be conveyed to her teammates. Then, she will consolidate after 1 meeting and make a final decision as a team leader.
Answer:
New firms entering into a market characterized by monopolistic competition must differentiate their products from the competition by establishing their own brands.
Explanation:
There are four main characteristics of a monopolistic competitive market. They are large numbers of buyers and sellers; perfect information; low entry and exit barriers; and similar but differentiated goods. Monopolistic competition is a market structure where the firms offer similar but branded products which differentiate one firm's product from the other. This implies that there is competition but because of the presence of brands, firms cannot compete directly with one another.
Answer:
P1=$8.43
Explanation:
The value of the stock is equal to the present value of all cash-flows expected from holding the stock. At the end of year 1, the value of the stock is found by calculating the present value of the remaining dividends i.e D2, D3, D4, D5 etc till infinity.
Therefore price equals
given the values of Dividends calculated above and ke= 15% :