Answer:
$2.90 approx
Explanation:
The computation of firm’s cash dividend be in seven years
First we need to find out the
Growth Rate = (Last Dividend ÷ Dividend 4 years ago)^(1 ÷ 4) - 1
= ($2.36 ÷ $1.73)^(1 ÷ 4) - 1
= $1.36^0.35 - 1
= 1.113624092 - 1
= 0.113624092
= 11.36%
Now we calculate for 5 years
Dividend in 5 years = $2.36 × 1.113624092
= $2.628
and Dividend in 7 Years = Dividend in 5 years × (1 + 5%)^2
= $2.628 × 1.05^2
= $2.628 × 1.1025
= $2.90 approx
Two questions:
what is the confidence level we are looking at?
also the p-value of .240.24? Is that a mistake in typing or is it .240 to the 24 decimal?
Generally, if the p-value is less than the confidence level (alpha) you reject the null hypothesis. The null hypothesis here is that the ads didn't nothing to help.
For instance, if the p-value were .240 and the alpha was .05 you would reject the null hypothesis and say that the ads may have had an effect on the outcome.
Answer:
Explanation:
A debit is an entry made in an account. It either increases an asset or expense account or decreases equity, liability, or revenue accounts.
A credit is an entry alsom made in an account. It either increases equity, liability, or revenue accounts or decreases an asset or expense account.
The correct answer is A) Seasonality.
A Boston Hallmark store is preparing a budget for the next year and needs to forecast sales. The store notices variation in sales around holidays. The pattern that describes the data to be forecasted is "Seasonality."
This sales term means that during a specific season, the volume of sales increases due to the high demand on the part of the consumers. In this case, when Christmas comes, the Boston store has data that proves that there is a considerable positive variation during the Christmas season and that is why this variation must be included in the budget and the forecasting of sales in that season.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
The company purchased factory equipment on June 1, 2013, for $80,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 10-year useful life.
Under the straight-line method of depreciation, we need to use the following formula to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (80,000 - 5,000)/10= 7,500
Now, we need to calculate the depreciation for 7 months:
Depreciation expense 2013= (7,500/12)*7= $4,375
