Answer:
a. $720,000
Explanation:
Since in the question, it is given that the equipment is sold at the list price
The list price is $800,000 and the selling percentage is 90%
So, the revenue should be recorded
= List price × selling percentage
= $800,000 × 90%
= $720,000
Simply we multiplied the list with the selling percentage so that the correct amount can come
Answer:
Explanation:
The following information can be gotten from the question:
Net realizable value (NRV) will be:
= $125,000 - $10,500
= $114,500
Normal profit will be:
= $114,500 - (30% × $125,000)
= $114,500 - $37,500
= $77,000
The amount should Garcel report as inventory on its balance sheet should be $77,000.
Answer:
Price of stock = $49.5
Explanation:
<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>
If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:
Price of stock=Do (1+g)/(k-g)
Do - dividend in the following year, K- requited rate of return , g- growth rate
DATA:
D0- 2.7
g- 10%
K- 16%
Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5
Price of stock = $49.5
Answer:
developing new competencies
Explanation:
In simple words, globalization promotes the innovation all around the world along with the promotion of its transfer from one economy to another. Due to this, the firms around the globe extend their businesses by setting their own limits. It helps the enhance their operational activities with new market and a new customer base to attract.