Answer:
Utility expense Dr. $200
Accounts payable Cr. $200
(To record the entry for electric expense)
Explanation:
Given the amount of the invoice = $200
The expenses like Electricity expenses come under utility expenses so the incurred electricity expense will show that the utility expenses are debited and account payable is credited. Here the account payable is credited because the is not paid.
Thus, below is the entry as on 30th November.
Utility expense Dr. $200
Accounts payable Cr. $200
(To record the entry for electric expense)
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:
The correct answer to the following question is - fill in the blank 1) State and the fill in the blank 2) International system.
Explanation:
Realism is an approach where the study and practice of international politics is given more preference and more emphasis has been given on role of nation states , as they are motivated by national interest.
Neo realists or neo realism can be defined as a theory of international relations , according to which power is the most important aspect in international relation.
Answer:
monthly insurance payments = $29.94
Explanation:
given data
hazard coverage = $98,000
annual premium = $0.44 per $100.00
cost of the policy = 2 ½ times annual rate for 3 year policy
solution
we get here first normal premium cost per year that is
normal premium cost per year = $98000 × 0.44 × 
normal premium cost per year = $431.2
and
insurance company is offering for new owner discount for purchasing a three year policy
so here the total cost for the three year is
total cost for the three = $431.2 × 2.5 = $1078
and now we get monthly insurance payments for 3 year is
monthly insurance payments = 
monthly insurance payments = $29.94
