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3 years ago

Which economic challenges in one way that economies in southern and Eastern Africa are overcoming?

1 answer:

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"Ecotourism" is the one way among the following choices that are given that economies in southern and Eastern Africa are overcoming the economic challenges. The correct option among all the options that are given in the question is the third option or option "c". I hope the answer has helped you.

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Suppose Stark Ltd. just issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25, $1.33, $1

Harlamova29_29 [7]

Answer:

The answer is below

Explanation:

a) The dividend growth rate is given as D2/D1 - 1

Year Dividend Growth rate

1 $1.25

2 $1.33 ($1.33/ $1.25 - 1) 6.4%

3 $1.4 ($1.4/$1.33 - 1) 5.26%

4 $1.51 ($1.51/$1.4 -1) 7.86%

The arithmetic average growth rate is the average of all the growth rates.

Arithmetic average growth rate = (6.4% + 5.26% + 7.86%) / 3 = 6.51%

The cost of annuity = (cost of common stock / Selling stock price) * 100% + Average growth rate

The cost of annuity = ($1.59 / $40) * 100% + 6.51% = 10.49%

b) The geometric growth rate is given as:

geometric average growth rate =

$(\frac{D_n}{D_o} )^{\frac{1}{n} }-1\\D_n=1.51,D_o=1.25,n=3\\\\Geometric\ growth\ rate=\frac{1.51}{1.25}^{1/3}-1=6.5\%$

The cost of annuity = ($1.59 / $40) * 100% + 6.5% = 10.48%

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3 years ago

In previous years, Cox Transport reacquired 2 million treasury shares at $22 per share and, later, 1 million treasury shares at

Hoochie [10]

Answer:

24 million shares ; $16 million

Explanation:

The computation of the weightage number of treasury shares are shown below:

Number of shares Price Total

2 $22 $44 million

1 $28 $28 million

Total 3 $72 million

So, the weighted average number of shares would be

= $72 ÷ 3 = 24 million shares

Now the journal entry would be

Cash A/c Dr $64 million (2 million treasury shares × $32)

To Paid in capital - share repurchase A/c $16 million

To Treasury stock $48 million (24 million treasury shares × $2)

(Being the treasury shares are sold)

4 0

3 years ago

steve has converted his garage into a separate living space and listed the property for short term rental on an online platform

mihalych1998 [28]

Answer:

is there more to the question?

6 0

3 years ago

In an effort to measure the state of its economy, a country decides to use its gross domestic product. Which statement is true r

Dafna11 [192]

Answer:

It factors GDP in relation to the country's population

Explanation:

The second option "It cannot be used to identify the country's economic expansion or contraction" is incorrect because GDP can be used to tell if the economy of a nation is healthy or if it is heading into recession. Also, GDP cannot tell you the profit of corporate oversea operations, neither can it tell you the profit earned by foreign companies operating within the country, it can only tell the value of all products and services that were produced in a country within a period. However, GDP per capita is a measure of the gross domestic product against the population of the country, and hence the correct option is that It factors GDP in relation to the country's population.

7 0

3 years ago

Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Material

snow_lady [41]

Answer:

cost of goods manufactured= $730,920

Explanation:

Giving the following information:

Materials $167,500 $149,080

Work in process 112,230 99,880

Direct labor $301,500

Materials purchased during March 321,600

Factory overhead incurred during March:

Indirect labor 32,160

Machinery depreciation 19,430

Heat, light, and power 6,700

Supplies 5,360

Property taxes 4,690

Miscellaneous costs 8,710

Total overhead= $77,050

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 112,230 + (167,500 + 321,600 - 149,080) + 301,500 + 77,050 - 99,880

cost of goods manufactured= $730,920

4 0

3 years ago