Answer: $324,000
Explanation:
Cedar Corp. paid $432,000 for a year in advance. According to the Accrual principle in Accounting, expenses are to be recorded only when incurred.
The rent will therefore have to be apportioned to the months that it has paid for in the current period.
Rent for year = $432,000
Rent for month = 432,000/12 = $36,000
April - December = 9 months
Rent for the year = 9 * 36,000
= $324,000
Note; <em>Question is about Rent expense which is how much Cedar Corp has paid not about how much they have received. </em>
Answer:
$42.604
Explanation:
Using dividend growth model we have D1 = $1.25, dividend at end of year 1
P1 = $45 price at the end of year 1
Ke = 10% Cost of capital or expected return
g = ? the growth rate expected
Thus
D2 = D1 + g
$45 = 
$4.5 - 45g = 1.25 + g
$3.25 = 46g
7.06% = g
Now, using value of g we have
P0 = 
Current price P0 = $42.604
Yes, it they had Envesters and their product was good then they would
Salespeople prepare for presentations by:
- A. Planning to go directly to close tailoring the presentation to the customer's wants.
- C. Gathering testimonials when preparing for a sales presentation can be helpful in overcoming customer objection.
<h3>Who are salespeople?</h3>
Salespeople can be defined as the people whose soles and responsibility is to sell company product to customers and to generate sales.
Sales person tend to prepare presentation that will fit in with what the customers want or preference is and the presentation need to convince the customers so as to enable the customers patronize the company in which the sales person work for,
Therefore the correct option is A, C.
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If the goal of a government policy change is to increase the incentive for taxpayers to work and/or invest, <u>a decrease in </u><u>marginal tax rates</u> policy is most likely to be successful.
<h3>What is Marginal Tax Rate?</h3>
The marginal tax rate is the amount of additional tax that must be paid for each additional dollar of income received. The average tax rate is calculated as total taxes paid divided by total income earned.
An individual with a taxable income of $24,750, for example, will pay taxes at a rate of 10% on the first $19,900 of income and 12% on the remaining $5,000 since portion of the individual's income is subject to the higher tax rate of 12%.
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