Answer:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company.
Explanation:
Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.
Answer:
$52
Explanation:
Data provided as per the question
Recent dividend = $2
Market rate of return = 8%
Growth Rate = 4%
(Its expected to increase so it will be (1 + 4%) = 1.4%
The computation of price is shown below:-
Price = Recent dividend × (1 + Growth rate ) ÷ (Cost of equity - Growth rate)
= ($2 × 1.04) ÷ (0.08 - 0.04)
= $2.08 ÷ 0.04
= $52
Answer: True
Explanation:
Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.
This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.
Answer:
The dealer will sell 15 Volvos
Explanation:
Consider the following formulas to calculate the Q of which optimize the exercise.
Profit = Q*p
Profit = (30-q)*q
Profit = 30q - q^2
Differentiating with respect to q, we get
30-2q = 0
2q = 30
q=15
The dealer will sell 15 Volvos
The formula is
C+ F-P divided by N then the fraction bar F+p divided by 2 that should get your answer
