Answer:
One share of this stock worth to you today is $18.08
Explanation:
According to the question, we have the following data:
D1 = $3.30
g = 0.0375
Ke = 0.22
one share of this stock worth to you today = P0
Hence to calculate the P0 we have to use the following formula:
Ke = D1/P0 + g
0.22 = 3.3/P0 + 0.0375
P0 = $18.08
One share of this stock worth to you today is $18.08
1) So you don't go over your limit
2) learn how to not spend your money all at one tme
To figure this out, we need to write down some rules/formulas.
Max works 40 hours per week. There are 52 weeks within a year. He made $25,480 last year, and now we're looking for how much he made per hour.
Since we have 52 weeks in a year, divide 25,480 by 52 to get how much he made per week. Once we do that, divide that quotient by 40 to get how much he made per hour.
25,480/52 = 490.
He made $490 per week, but now we must divide by 40 to get how much he made per hour, since we have 40 hours.
490/40 = 12.25
Max made $12.25 per hour.
I hope this helps!
Answer:
c.credit to Wages Payable for $6,300.
Explanation:
The journal entry to record the wages expense is shown below;
Wages expense dr ($10,500 × 3 ÷ 5) $6,300
To Wages payable $6,300
(being the wages expense is recorded)
Here the wages expense is debited as it increased the expense and credited the wages payable as it increased the liabilities
