Answer:
d. increases assets, increases stockholders' equity
Explanation:
The journal entry for earning revenue is shown below:
Cash A/c Dr. XXXXX
To Sales revenue A/c XXXXX
(Being revenue is earned)
Since the revenue is earned so we debited the cash account which increases the asset balance and credited the sales revenue account which increases the stockholders' equity balance.
Answer:
Explanation:
Make sure you use pen so no one can erase what you put. Also make a line after you right the number so people can't add more numbers. Also don't give a check to anyone that you don't trust!
EXAMPLE ATTACHED
Answer:
The maximum that should be paid for the stock today is $45 per share.
Explanation:
To calculate the current share price or the maximum that should be paid for the stock today, we will use the dividend discount model approach.
The dividend discount model (DDM) estimates the value of a share/stock based on the present value of the expected future dividends from the stock. We will use the two stage growth model of DDM here as the growth in dividends of the stock is divided into two stages.
The formula for current price under two stage growth model is,
P0 = D0 * (1+g1) / (1+r) + D0 * (1+g1)^2 / (1+r)^2 + ... + D0 * (1+g1)^n / (1+r)^n +
[( D0 * (1+g1)^n * (1+g2)) / (r - g2)] / (1+r)^n
Where,
g1 is initial growth rate
g2 is the constant growth rate
r is the required rate of return
So, the price of the stock today will be,
P0 = 2 * (1+0.20) / (1+0.12) + 2 * (1+0.20)^2 / (1+0.12)^2 +
[( 2 * (1+0.20)^2 * (1+0.06)) / (0.12 - 0.06)] / (1+0.12)^2
P0 = $45
Answer:SID THE SCIENCE KID
Explanation:
Answer:
Unloading the dishwasher is an example of a two-minute action task. The correct answer should be A
