Answer:
$104,000
Explanation:
Calculation to determine what Gross profit would be
Using this formula
Gross profit=Sales -Cost of Goods Sold -Sales Returns and Allowances-Sales Discounts
Let plug in the formula
Gross profit=$300,000-$158,000-$26,000- $12,000
Gross profit=$104,000
Therefore Gross profit would be $104,000
Answer:
Price of stock = $78.143
Explanation:
According to the dividend valuation model , the current price of a stock is the present value of the expected future dividends discounted at the required rate of return.
So we will discount the steams of dividend using the required rate of 11.0% as follows
Price of stock =3.15 × 1.11^(-1) +3.55× 1.11^(-2) +4.05 1.11^(3) +95× 1.11^(-3)
=78.143
Price of stock = $78.143
Answer:
B) 1/R, where R represents the reserve ratio for all banks in the economy.
Explanation:
The money multiplier is the coefficient generated by the banks "creating" money.
Banks create money when they lend the money their clients deposit to other clients that need loans. For example, you deposit $100, and the bank will lend another person $75, and that other person purchases goods and the seller of those goods deposits the money on his bank, and that bank loans $40, and the process goes on and on.
That is why the formula for calculating the money multiplier is: 1/r, where r = the reserve ratio. For example, if the reserve ratio is 10%, every extra dollar deposited in a bank should transform into $10 (= $1 / 10%), the banking system will have created $9 extra.
Answer:
3) Future data
Explanation:
Future data is used to make decision in this case. Although future data is not available, Donna is using a future estimate based on her professional judgement.
Answer:
1. A positive attitude towards study.
2. A passion for the chosen course subject.
3. An ability to think and work independently.
4. An ability to persevere and complete tasks.
5. An inquiring mind.
6. Good written English.
7. An ability to work well in groups.