Answer: Option B
Explanation:
A. Explicit cost are the cost paid to others in return of their service. Hence Option A is incorrect.
B. Revenue is the total amount of earnings a company have before deducting for expenses. Hence Option B is correct.
C. Accounting profit means (Revenue - explicit cost) . Hence Option C is incorrect.
D. Economic profit means (Revenue - explicit cost - implicit cost) . Hence Option D is incorrect.
Answer:
Current stock price = $24.23
Explanation:
Stock price under Discounted Model:
P0 = D1 \div(Ke - g)
P0 = Current Market price of the share
g = Growth rate = 5.0%
Ke = Cost of equity = 11.5% p.a
D1 = Expected dividend = $1.50 (1 + 0.05)= $1.575
P0 = $1.575 / (11.50% - 5.0%)
Current stock price = $24.23
Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.
<h3>What is Career readiness?</h3>
Career readiness can be defined as the way in which a person acquire or possess the necessary skills, knowledge that an employer desires an employee to posses.
Career readiness is essential for someone that want to build their career or the person that want to reach the highest peak of their career as this enable them to prepare ahead.
Therefore Career readiness represents the extent to which you possess the <u>knowledge, skills, and attributes</u> desired by employers.
Learn more about Career readiness here:brainly.com/question/27841409
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Answer:
b. Dividends and a credit to Dividends Payable for $824,000
Explanation:
Dividends payable = 2,060,000 shares * $0.40 per share = $824,000
Journal entry on February 16
Dividends $824,000
Dividends payable $824,000
You can price your products, by average, fairness is key!