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3 years ago

If this company paid annual dividend of $8/share at the latest year-end, and the dividend is

Business

1 answer:

Anna11 [10]3 years ago

8 0

Answer:

The Rational Price of Stock is $114

Yes Stock should buy at $80.

Explanation:

The rational stock price using the dividend discount formula we find the price of stock at the level of $114 = $8 / 7%. The division will gives us rational stock price at which company potential stock price can moves up.

From the given circumstances it is ideal for organization to buy the stock at $80 will help investor to capitalize on gain potential upward movement in the stock price expected to the level of $114 in near future.

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On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi

goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

To Sales $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr, $66

(3,300 × 2%)

To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234

To Accounts Receivable $3,234

(Being payment received is recorded)

b. Cash Dr, $3,300

To Accounts Receivable $3,234

To Sales Discounts Forfeited 66

(Being payment received is recorded)

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2 years ago

Jason's Outdoors manufactures two products: snow skis and water skis. Jason's managerial accountant suspects that product cost d

Ainat [17]

Answer:

Jason's accountant should consider a single plantwide rate to correct the problem.

Explanation:

If a company manufactures products that consume factory overhead costs in different ways, a single plantwide rate may not accurately allocate factory overhead costs to the products and cause cost distortions. Cost distortions can cause companies to lose sales and make incorrect decisions on expanding production.

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3 years ago

The major issues in the __________ stage of team development concern how the tasks and responsibilities will be divided among me

defon

Answer:

3rd stage or Norming stage of group development.

Explanation:

3rd stage or Norming stage of group development.

In this stage responsibilities among group member is divided on the basis of their skills. During this stage members start to cooperate with other co members. A bonding among the members is start to developed which result in understanding each other contribution and identity. The main advantage of this understanding is that conflicts and misunderstanding issues has been resolved at faster rate.

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3 years ago

Stephanie Johns is a member in a store that is a nonprofit organization that buys grocery items in bulk. The savings on these bu

Luden [163]

Answer:

E.cooperative

Explanation:

Based on the information provided within the question it seems that Stephanie Johns is most likely shopping in a cooperative store. This is a type of store that is owned and managed by the customers themselves, using their own capital for the business and at the same time share in the dividends provided. Which in this case are savings from lower food prices.

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2 years ago

Flexible exchange rate systems are calculated according to

Stella [2.4K]

Flexible exchange rate systems are calculated according to supply and demand. Every currency decides the type of exchange rate arrangement to uphold.

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3 years ago

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