Which of the following is not correct

Major retail firms such as Walmart have used data mining to customize the product offerings for each store.

Gwar [14]

Answer
False
Explanation
Data mining is the process of turning raw data into useful information

3 0

3 years ago

Read 2 more answers

What is the purpose of AH&LA ?

Kryger [21]

AH & LA was made to focus on the needs of every segment of lodging industry.

5 0

3 years ago

# 8 & # 9 please .. I appreciate it

KatRina [158]

#8 is C. Unfortunately I do not know #9.

6 0

3 years ago

Bouchard Company's stock sells for $20 per share, its last dividend (D0) was $1.00, and its growth rate is a constant 6 percent.

Delicious77 [7]

Answer:

The answer is 11,3%

Explanation:

The cost of common stock is common stockholders’ required rate of return. There are 3 methods to calculate the cost of common stock:

i- Dividend discount model or DMM

ii- Capital asset pricing model or CAPM

iii- Bond yield plus risk premium approach

Because of the information provided by the exercise, the correct method to use is de Dividend discount model.

Knowing the current market price of a stock and the last dividend paid, we can calculate the required rate of return, which is equal to the cost of common stock.

rs=(D1/P0)+g

D1= expected dividend

P0= current market price of the stock

g= dividend’s growth rate

To calculate D1 you need to use the following formula= D0x(1+g)

Using the exercise information:

D1=D0*(1+g)=1*1,06=1,06

P0=20

g=0,06

rs=(1,06/20)+0,06=0,113*100=11,3%

5 0

3 years ago

In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of

Vlada [557]

Answer:

The correct option is 2. $50,200

Explanation:

Please see below the required journals for the transactions that occurred:

Debit Allowance for doubtful accounts $31,800

Credit Accounts receivable $31,800

(To record write-off of accounts receivable)

Debit Accounts receivable $2,340,000

Credit Sales revenue $2,340,000

(To record credit sales during the year)

Debit Cash $1,910,000

Credit Accounts receivable $1,910,000

(To record collection on account)

The effect of the above journals on allowance for doubtful account is a reduction. Since Dinty already assessed its allowance for doubtful account to be $82,000, bad debt expense required will be $50,200 ($82,000 - $31,800).
The balance in accounts receivable will be $2,340,000 - $1,910,000 - $31,800 = $398,200.

7 0

3 years ago