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Lelu [443]
3 years ago
13

Which of the following types of accounts have a normal credit balance? a.Capital and drawing b.Assets and liabilities c.Revenues

and capital d.Liabilities and expenses
Business
1 answer:
avanturin [10]3 years ago
4 0

Answer:

c.Revenues and capital

Explanation:

In accounting when posting to accounts the following have normal credit and debit, meaning when it is debited it's balance reduces and when it is credited its balance increases: Revenue, Liabilities, and Capital (owner's equity).

On the other hand Assets and Expenses have abnormal balance. A debit will result in increased balance, while a credit results in reduced balance.

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Mobray Corp. is experiencing rapid growth. Dividends are expected to grow at 24 percent per year during the next three years, 14
White raven [17]

Answer:

$1.25

Explanation:

dividend growth:

year               growth rate        dividends

1                          24%                  Div₁ = 1.24Div₀

2                         24%                  Div₂ = 1.24²Div₀ = 1.5376Div₀

3                         24%                  Div₃ = 1.24³Div₀ = 1.906624Div₀

4                          14%                  Div₄ = 1.906624Div₀ x 1.14 = 2.17355136Div₀

indefinite              8%                  Div₅ = 2.17355136Div₀ x 1.08 = 2.347435Div₀

required rate of return = 10%

current stock price = $86

stock price for terminal growth rate = Div₅ / (10% - 8%) = Div₅ / 2% = 117.3717734Div₀

current stock price = $86 = 1.24Div₀/1.1 + 1.5376Div₀/1.1² + 1.906624Div₀/1.1³ + 2.17355136Div₀/1.1⁴ + 117.3717734Div₀/1.1⁴ = 1.12727Div₀ + 1.27074Div₀ + 1.43247Div₀ + 1.48456Div₀ + 80.1665Div₀ = 85.48154Div₀

$86 = 85.48154Div₀

Div₀ = $86 / 85.48154 = $1.006065

Div₁ = 1.24 x $1.006065 = $1.2475 ≈ $1.25

8 0
3 years ago
The more conservative a firm's management is, the higher its total debt to total capital ratio [measured as (Short-term debt Lon
PtichkaEL [24]

Answer:

False

Explanation:

The conservative approach is that the firm has greater level of working capital investment than the competitor or industry average. So to fund the higher level of working capital the company has a set of policy and targets related to the level of debt level which means the company will not be willing to borrow further money if their borrowing exceeds the set limit or benchmark. They might use the equity instruments (Preferred stock or Common equity) to fund the higher level of working capital.

So their no absolute argument whether the denominator will increase or the nominator will increase in the Total debt to capital ratio. Hence the statement is false.

8 0
3 years ago
Managing a workplace that truly embraces diversity in the workforce can increase which of the following? Select all that apply.
Simora [160]

Answer:

(A) Creativity

(C) Productivity

(D) Satisfaction

Explanation:

Liability: The liability is the amount that is due to someone. It means you have full responsibility for a thing you promised to someone.

Lawsuits: When some one sue to another for not giving the amount, or by any other reason is called law suits

In the given scenario, for diversity in the workforce, the creativity, productivity, and satisfaction level is more important through which the employees can give their best due to which, the objective of an organization can be achieved in an efficient and effective manner.  

The other two give a negative impact on the organization's reputation, so it will not be considered.

6 0
3 years ago
For greater holding power crossing the securement straps is acceptable?
Drupady [299]
Yes it is acceptable
4 0
3 years ago
Comprehension and speed are the two most important traits in reading for business. Please select the best answer from the choice
zimovet [89]

Answer:

<em>Comprehension and speed are the two most important traits in reading for business</em><em> </em><em><u>True</u></em>

3 0
2 years ago
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