Answer:
c.) $1.73
Explanation:
Price = 
D0= Last dividend paid
r= rate of return
g = growth rate
Price = 
Price = 0.207 / 0.12
Price = 1.725
Therefore, the current value of the stock is $1.73
Answer:
Kailua and Company
Schedule of Cash Collections
August September
Cash collections from June $25,200 $0
Cash collections from July $38,500 $19,250
Cash collections from August $17,220 $43,050
<u>Cash collections from September $0 $17,800 </u>
Total cash collections $80,920 $80,100
I suppose that 5% of the billings are uncollectible since 20% + 50% + 25% = 95%.
A continuous decrease in the level of prices over time is called deflation. It involves the contraction of the supply of money in an economy. The opposite of such is inflation. During this time, the power of the currency and the wages are high than what is normal. It causes for capital, goods, services and labor costs to be lower. Monetary deflation can be caused by the decrease in supply of money or instruments that can be redeemed by money. In present, the supply of money is influenced by the central bank of each nation. Price deflation can be caused by a decrease in the demand of the goods and services and also increase in the productivity of the economy.
Answer:
$1,150,000
Explanation:
Two categories of operatng assets are presented on the balance sheet: Property, plant and equipment; intangible assets.
They are presented at their acquisition cost (historical cost).
The balance sheet uses one line item for property, plant and equipment and presented the details in the notes.
Initially are recorded at acquisition cost or original cost, that include all cost normally necessary to acquire an asset and prepare it for its intended use.
A depreciation is an allocation of the original cost of an asset to the periods benefited by its use.
In this case, he total amount of property, plant, and equipment that will appear on the balance sheet is $1,150,000 because:
Land $100,000 + Buildings 800,000 + Equipment 450,000 + Furniture 100,000 - Accumulated Depreciation 300,000 = $1,150,000.
Answer:
Urgent Messenger Service
Income Statement
for the fiscal year ended November 30, 20Y1
$ $
Fees Earned 990,000
Supplies Expense <u>(7,150) </u>
Gross Income 982,850
Less: Operating Expenses
Depreciation Expense 12,200
Insurance Expense c 5,750
Miscellaneous Expense 6,650
Rent Expense 80,000
Salaries Expense 502,400
Utilities Expense <u>40,000</u>
<u>(647,000)</u>
Net Income <u>335,850</u>
Explanation:
Income statement shows the the income / loss of a business for the period. It measure the net value after deducting all the expenses from the all the incomes of the business.
