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
Simple answer is efficiency.
More output can be produced if labour specialised and focused on a particular activity.
One due to the time saved from switching tasks and secondly getting better (and faster) at what they do.
This leads to two outcomes.
1. Lower average costs of production
2. Greater output.
Nominal GDP is a good snapshot of the current value of production in an economy but it cannot be used to make comparisons over time because prices change.
Nominal GDP is an indicator used to understand a country's economy. It measures the current value of production of a country. But it cannot be considered as a good measure. One important drawback of Nominal GDP is that it cannot be used to make comparisons of production prices over time because it doesn't take inflation into account.
Nominal GDP works only with current prices and the price changes will not be seen when calculated through years.
So Real GDP is considered for comparisons of product prices over time.
Learn more about Nominal GDP at brainly.com/question/8151973
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C. Provide objective evidence that a transaction has taken place.
Answer:
Dr Profit and loss account $454,000
Cr Retained earnings $454,000
Explanation:
Preparation of the Journal entry to close net income for Riverbed Corporation
Based on the information given we were told that the Corporation reports net income of the amount of $454,000 on December 31 this means the Journal entry to close the account will be recorded as:
Dr Profit and loss account $454,000
Cr Retained earnings $454,000
