During the gdl (program, the dps can suspend or revoke your license for driving or more moving violations in twelve months. GDL stands for Graduated Driver License. During the GDL young drivers<span> gain knowledge and </span>driving experience. There are <span>restrictions and responsibilities associated with the license the driver is about to receive.</span>
Answer:
Return on equity(r) = 0.16
Plowback ratio(b) = 50 = 0.5
Earnings per share(EPS) = $2
D1 = 50% x $2 = $1
Cost of equity(Ke) = 0.12
Growth rate(g) = b x r
= 0.5 x 0.16
= 0.08 = 8%
Current market price(Po) = D1/Po + g
= $1/0.12 - 0.08
= $25
Market price in 3 years = Po(1+g)n
= $25(1+0.08)3
= $25(1.08)3
= $31.49
Explanation:
In this case, we need to calculate growth rate by multiplying the plowback ratio by return on equity. Then, we will calculate the current market price as shown above. Thereafter, we will subject the current market price to a 3-year growth rate to calculate the market price in 3 year's time
Answer:
We use various tools that we have adopted from early times. This can include the wheel, a very small example but a point proving one. It was a very old technological development, much to do with machinery though now we still use it in more advanced ways like the wheels of an aeroplane. Another technology development with meaning are computers. Earlier huge computers were used but when we see today they are more advanced in speed, accessibility and performance. Calculations were extremely hard to perform on earlier computers but when we see the much advanced laptop or p.c it is not very evident. Hope this helps you!
A Limited liability corporation would be the ideal business setup for Tina and Lynn based on their needs.
<h3 /><h3>What is a Limited liability corporation?</h3>
It corresponds to a legal business structure where there is greater protection for partners and investors by providing for the separation of personal assets from commercial assets in the event of economic losses.
Therefore, based on the need to protect their personal assets, a limited liability company would be the ideal form of business for them.
Find out more about Limited liability corporation here:
brainly.com/question/14466609
#SPJ1
Answer:
Luca Pacioli
Explanation:
Luca Pacioli a European accountant is known as The Father of accountancy.
Luca Pacioli introduced the use of journals and ledgers in accounting systems.
His work in accounting was appreciated worldwide. His first book was based on double- entry accounting. He has introduced the concept of Dual Aspects which has paved the way for the double-entry system .
