Answer:
3.69%
Explanation:
The formula to compute the required rate of return is shown below:
= (Annual dividend per year) ÷ (Current selling price per share) × 100
= ($2.85) ÷ ($77.32) × 100
= 3.69%
We simply divide the annual dividend per year with the current selling price per share and then multiply it by percentage, so that the required rate of return can come in percentage
Selecting your customer is essential in the business so as to focus efficiently your resources to the type of demand customers entail. In the consideration of the selection, this includes the age bracket, economic status, cultural upbringing, sex, and many more other factors. There is an exhaustive list of factors to consider.
Answer:
TRUE
Explanation:
Take-home pay is the gross pay minus all deductions. Deductions include statutory and voluntary deductions. Take home is the money that gets to the employee's bank account.
In most households saving and investment are done after meeting the basic expenses. In other words, people will save or invest after meeting their basic needs. Therefore, take home minus total expenses necessary for life is saving and investment
Answer:
Elasticity is an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service. A product is considered to be elastic if the quantity demand of the product changes more than proportionally when its price increases or decreases
Answer:
c. Net income will be overstated for the current year.
Explanation:
Depreciation is defined as the reduction in the value of an asset over the period of it's useful life.
The deductions are calculated and taken out of the asset value on the balance sheet.
The adjusting entry for depreciation at the end of year is a debit to Depreciation Expense and a credit to Accumulated depreciation.
If this entry is no passed it means that Depreciation Expense is not recognised for that year.
Net income will be overstated because generally expenses will be understated.
