Answer:
You need to pay $26.47. The further explanation is given below.
Explanation:
The given values are:
Dividend
Required rate of return
Dividend's growth rate
Now,
The stock price will be:
= 
= 
= 
Answer:
1. Debit Utilities Expense $215; credit Accounts Payable $215.
Explanation:
The adjusting entry is as follows
On December 31
Utilities Expense A/c Dr $215
To Accounts Payable A/c $215
(Being the accrued utilities expense is recorded)
Since the utility is an expense so it would be debited to the utility expense and the payment is not made till yet that would become a liability so we credited the account payable
Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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Answer: $360,050
Explanation:
The total cost of a fixed asset refers to all the cash that was paid to acquire the asset, transport it and then install it.
Cost of the new machinery is therefore = Discounted cost price + Sales tax + Installation charges + Concrete slab
= (270,000 * (1 - 2%)) + 79,750 + 4,800 + 10,900
= 264,600 + 79,750 + 4,800 + 10,900
= $360,050
<em>Cost price was discounted by 2% as per the credit terms of 2/10 which means that there is a discount of 2% if the asset is paid for in 10 days. </em>
Answer:
1. Recording
2. Authorization
Explanation:
Based on the scenario described above, it can be concluded that the control issue, in this case, arose because the Director had both RECORDING and AUTHORIZING duties.
This is because, for the Director of Information Technology for the city of Tampa, Florida not to have been convicted by a jury regardless of what she did, she must have followed the Segregation of Duties accordingly. This is a means of reducing the errors or fraudulent activities of employees.
And given she has a RECORD of transactions to prove her innocence and at the same time, she has AUTHORIZATION or the approval to supply the software, and hence, she is not guilty of the accusation.
