Answer:
Debit : Land $1,200,000
Explanation:
The journal entry lattern Company need to record is
Dr Land $1,200,000
------------ Cr Credit common shares $12,000
------------ Cr Paid in capital - Common shares $1,188,000
As 120,000 shares is exchanged, for the land and the share is traded in the exchange, the value of the land should be recorded at the market price of this
= 120,000 shares or 120,000 × $10 = $1,200,000
Common share account is recorded at lar value x number of shares issued = $0.1 × $120,000 = $12,000 while paid in capital common share account records the difference between market price and par value at the time of shares issuance or
= (10 - 0.1) × 120,000
= $1,188,000
Answer: Price of stock at year end =$53
Explanation:
we first compute the Expected rate of return using the CAPM FORMULAE that
Expected return =risk-free rate + Beta ( Market return - risk free rate)
Expected return=6% + 1.2 ( 16%-6%)
Expected return= 0.06 + 1.2 (10%)
Expected return=0.06+ 0.12
Expected return=0.18
Using the formulae Po= D1 / R-g to find the growth rate
Where Po= current price of stock at $50
D1= Dividend at $6 at end of year
R = Expected return = 0.18
50= 6/ 0.18-g
50(0.18-g) =6
9-50g=6
50g=9-6
g= 3/50
g=0.06 = 6%
Now that we have gotten the growth rate and expected return, we can now determine the price the investors are expected to sell the stock at the end of year.
Price of stock = D( 1-g) / R-g
= 6( 1+0.06)/ 0.18 -0.06
=6+0.36/0.12
=6.36/0.12= $53
The euro is the common currency across Europe.
Answer:
The correct answer is E.
Explanation:
Giving the following information:
One product that he buys costs $50 per unit when the order quantity is less than 500. When the quantity ordered is 500 or more, the price per unit drops to $48. The ordering cost is $30 per order and the annual demand is 7,500 units. The holding cost is 10 percent of the purchase cost.
Purchase cost per order= 500 units*48 + $30= $24,030
Holding cost= 24030*0.10= $2,403
Number of orders= 7500/500= 15
Holding cost= 2403*150= $36,045
<span>The concurrent model in software engineering defines a series
of events that will trigger transition from state to state for each of the
software engineering activities.This model is used for</span> development of client/server applications. The advantages of this model are the following: It is <span>easy to implement, the server TCP/IP logic is simple and <span>one listener is shared by many TPs.
</span>The drawbacks of the model are that </span><span><span>increased network overhead and delays due to the requirement of the TRM exchange and </span><span>more CPU and resource intensive than is the Iterative model.</span></span>