Answer:
One company pays 100%, the other re-reimburses 50%
Explanation:
If an environmental assessment found that the two companies share joint and several liability for a hazardous materials cleanup.
What could happen if the two of them don't agree to cooperate in the cleanup is that one of the companies will eventually settle the costs fully while the other party will have to reimburse the party that pays, 50%.
The paying company could make claims because the environmental impact assessment has already found both companies jointly liable. hence each company ought to jointly share the costs
Answer:
D. The constant growth model cannot be used for a zero growth stock, where the dividend is expected to remain constant over time.
Explanation:
So, we evaluate each option.
a. We discount the dividends by the required rate of return. So incorrect.
b. The dividend yield is annual dividend per share divided by stick price per share. the 5% is the growth in dividend and not the actual dividend itself. So, incorrect.
c. The constant growth is appropriate for companies whose dividend patterns are stable. Startups have multiple stage growths and this option becomes incorrect as constant growth is not applicable.
d. A zero growth stock is one where dividend remains the same. So when there is no growth in dividend, the constant growth model becomes inapplicable. So, the statement is correct.
So, here we have our correct statement and all others are incorrect.
The amount lost by the person as interest over five years is $65
Explanation:
Given information's are
Amount = $300
years = Five years
Interest rate = 4 percent
If that person deposits $300 in to a saving account which gives 4% interest per year will get $365 after completion of five year period as follows..,
Usually bank follows compound interest method for five years holding of deposits in the savings accounts.The compound interest formula is ((P×(1+i)^n) - P),
where
P is the principal,
i is the annual interest rate, and
n is the number of periods
Interest = $300 ×(1+0.04)5 - $300 = $65
So.,the amount lost by the person as interest over five years is $65
Answer: fundamental attribution error
Explanation:
Fundamental attributional errors as a result of judging someone actions based on their past behavior or the person's disposition rather than on the situation that they are in.
An example of fundamental attribution error is in marriages, where a wife assumes her husband is angry with her as he usually is, rather than considering if he had a bad day at work.
Answer:
$49,000
Explanation:
Cost of goods sold for the year = $50,000
Opening Inventory = $12,500
Closing inventory = $10,500
Opening Accounts Payable = $6,000
Closing accounts Payable = $5,000
Purchases = Cost of goods sold + Closing Inventory - Opening Inventory
= $50,000 + $10,500 - $12,500 = $48,000
Total payment to Accounts Payable For inventory
= Opening + Purchases - Closing = $6,000 + $48,000 - $5,000 = $49,000
Correct answer
$49,000
