Answer:
9.09%
Explanation:
Use Gordon growth model of stock valuation to find the required rate of return;
Price = D1/ (r-g)
this can also be written as 
whereby,
Price = $35.41
D0 = Current dividend = 1.38
D1 = Next year's dividend = 1.38(1.05) = 1.449
g = growth rate = 5% or 0.05 as a decimal
r = required return = ?
Rewrite the formula <em>"Price = D1/ (r-g) " </em>to find <em>r;</em>
r = 
r = 
as a percentage, the required return = 9.09%
Answer:
Answer:
$420 of revenue, $840 of deferred revenue
Explanation:
Data provided in the question
Paid amount = $1,260
Given months = 6 months
Number of months = 2 months
For two months, the revenue is
= Paid amount × number of months ÷ given months
= $1,260 × 2 months ÷ 6 months
= $420
Now the deferred revenue is
= Paid amount - revenue
= $1,260 - $420
= $840
Hence, the revenue is $420 and the deferred revenue is $840
Flat money, commodity money, the gold standard and representative money is the money that would have the least value if people lost confidence in the government. Flat money is the currency that the government has declared as legal tender but it is not backed by a physical commodity. Representative money is any money that its face value is greater than its actual value. Commodity money is money whose value comes from the commodity in which it is made of. The gold standard is economic unit of account which is based on the fied amount of gold.
Answer:
.D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640
Explanation:
Sales = $640
To recognize this,
Debit Cash $640
Credit Sales $640
Being entries to recognize sale and cash received.
On this sale, the bank deducts 2% of the sales value
Amount deducted = 2% × $640
= $12.80
To recognize this,
Debit Credit Card Expense $12.80
Credit Cash $12.80
Being entries to recognize credit card expense incurred on sale.
As such, the net effect of the two entries
Debit Cash $627.20
Debit Credit Card Expense $12.80
Credit Sales $640
The right option is D)Debit Cash $627.20; debit Credit Card Expense $12.80 and credit Sales $640.
Champions, Master Black Belts, Black Belts, and Green Belts are highly trained employees required in six sigma.
What is Six sigma?
Six Sigma is a tool of management and procedures aimed at increasing the capabilities of a business process by lowering the risk of error. Six sigma is a data strategy to defect elimination, failure reduction, and enhancement of the profitability that employs a statistical technique.
Six sigma basically works on some main principles which include focusing on the customer as the customer is considered the king of the market. It helps to identify the areas of problems and wastage of resources and helps to improvise them.
It works on the resolution of issues once the issue gets identified in real-time to avoid any differences in the result and eliminates the elements which decrease customer value.
The concept of six sigma is introduced to bring change in the system through innovation and technology.It encourages flexibility in working by efficient techniques and optimum utilization of resources.
Learn more about six sigma, here:
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