Answer: Anything living such as pigs.
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Explanation:
Answer:
A financial planner is the person who helps company meet long term financial goal. A financial expert is a broader term who manages money including bonds and investments.
Explanation:
A financial planner is a person who makes financial plans and financial statements such as cash flow statements. These plans can be about tax, retirement etc.
A financial expert is a person who has an understanding of generally accepted accounting principles,financial statements, internal control and procedures for financial reporting and understanding of audit committee functions.
there are different kinds of financial planners but a financial expert can help financial planner.
Answer:
A credit to an unearned revenue account
Explanation:
Ordinarily, when cash is received from a person whereas service has not been performed, the accounting entry is to debit cash account and credit the unearned revenue account.
Here, the receipt of cash means that revenue was realized however, the service expected have not been performed hence necessitated crediting the unearned revenue account and a debit to the asset cash for the amount received.
Answer: Thomas’ age is 15
Explanation:
T + 2T = 45
3T = 45
Divide both sides by 3
T = 15
Answer:
Current value per share is $13.33
Explanation:
The two stage growth model of DDM can be used to calculate the price of the share today. The DDM values a stock based on the present value of the expected future dividends from the stock. The price of this stock under this model can be calculated as follows,
P0 = D0 * (1+g1) / (1+r) + [ (D0 * (1+g1) * (1+g2) / (r - g2)) / (1+r) ]
Where,
- g1 is the initial growth rate which is 20%
- g2 is the constant growth rate which is 5%
- r is the required rate of return
P0 = 1 * (1+0.2) / (1+0.14) + [ (1 * (1+0.2) * (1+0.05) / (0.14 - 0.05)) / (1+0.14) ]
P0 = $13.33